PENDING
$10K PRICE INCREASE
1196 Lancers Ln Redding, CA 96003
Redding AreaEstimated payment $3,690/month
Total Views
2,669
--
Beds
--
Baths
--
Sq Ft
--
Price per Sq Ft
Highlights
- No HOA
- 4 Car Attached Garage
- Central Air
About This Home
Prime Investment Opportunity: Turnkey, Low-Maintenance Fourplex
Centrally located with exceptional access to premier shopping, dining, and local amenities, this well-maintained fourplex offers an outstanding addition to any investment portfolio.
Each of the four expansive, 1,200-square-foot units features a highly desirable 2-bedroom, 1.5-bathroom layout designed for comfortable modern living. Attached garages provide tenants with highly sought-after privacy, security, and additional storage.
The property is engineered for low-overhead management, boasting a durable stucco exterior, a recently replaced roof, and a low-maintenance yard that minimizes ongoing upkeep costs. Two new 2.5 ton HVAC units being installed August 2026.
Enjoy immediate, reliable cash flow with strong tenant history: the building is fully occupied, featuring a stable mix of two long-term residents and two recently executed newer leases. Generating $63,000 in annual gross rental income, this asset represents a secure, high-performing investment in a high-demand rental market.
Listing Agent
Kirkland Real Estate Partners License #01011716 Listed on: 08/14/2026
Property Details
Home Type
- Multi-Family
Year Built
- Built in 1990
Parking
- 4 Car Attached Garage
- Off-Street Parking
Home Design
- Stucco
Kitchen
- Oven or Range
- Dishwasher
Utilities
- Central Air
Community Details
- No Home Owners Association
- 4 Units
Listing and Financial Details
- Assessor Parcel Number 071-034-031
Map
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Tax History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $905 | $132,600 | $23,000 | $109,600 |
| 2024 | $1,003 | $126,100 | $14,000 | $112,100 |
| 2023 | $1,100 | $122,900 | $14,000 | $108,900 |
| 2022 | $1,191 | $123,600 | $14,000 | $109,600 |
| 2021 | $1,088 | $108,000 | $14,000 | $94,000 |
| 2020 | $1,005 | $103,500 | $14,000 | $89,500 |
| 2019 | $858 | $103,500 | $14,000 | $89,500 |
| 2018 | $786 | $98,400 | $14,000 | $84,400 |
| 2017 | $879 | $100,800 | $14,000 | $86,800 |
| 2016 | $832 | $95,200 | $14,000 | $81,200 |
| 2014 | $813 | $103,300 | $14,000 | $89,300 |
| 2013 | -- | $101,900 | $14,000 | $87,900 |
Source: Public Records
Property History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 08/17/2026 08/17/26 | Pending | -- | -- | -- |
| 08/14/2026 08/14/26 | Price Changed | $659,000 | 0.0% | -- |
| 08/14/2026 08/14/26 | For Sale | $659,000 | +1.5% | -- |
| 07/15/2026 07/15/26 | Pending | -- | -- | -- |
| 07/11/2026 07/11/26 | For Sale | $649,000 | -- | -- |
Source: Shasta Association of REALTORS®
About the Listing Agent
Cherrel's Other Listings
Source: Shasta Association of REALTORS®
MLS Number: 26-3349
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IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.
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