1281 Heavenly Oak Ln Redding, CA 96002
Enterprise NeighborhoodEstimated payment $5,777/month
About This Home
A rare and exceptional opportunity awaits investors seeking the gold standard of multi-family properties in Redding. Ideally situated within a newer neighborhood featuring wide sidewalks, scenic greenbelts, and a community park, this property offers both strong tenant appeal and long-term value.Each unit is thoughtfully designed with generous living spaces, vaulted ceilings, and an open-concept layout that seamlessly connects the kitchen, dining, and living areas. A convenient half-bath is located on the main floor, and every unit includes a private two-car attached garage.Three of the units are approximately 1,083 square feet and feature two spacious bedrooms--each with its own private bathroom--along with large closets and ample storage. The end unit offers approximately 1,153 square feet, with three bedrooms, including a primary suite with a private bath and two additional bedrooms connected by a Jack-and-Jill bathroom.All units are fully occupied, presenting a stable income stream with excellent upside potential through future rent increases.
Property Details
Home Type
- Multi-Family
Year Built
- Built in 2006
Home Design
- Stucco
Utilities
- Central Air
Listing and Financial Details
- Assessor Parcel Number 068-730-035-000
Map
Home Values in the Area
Average Home Value in this Area
Tax History
| 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 | $5,588 | $512,457 | $64,052 | $448,405 |
| 2024 | $5,510 | $502,410 | $62,797 | $439,613 |
| 2023 | $5,510 | $492,560 | $61,566 | $430,994 |
| 2022 | $5,355 | $482,903 | $60,359 | $422,544 |
| 2021 | $5,173 | $473,435 | $59,176 | $414,259 |
| 2020 | $5,151 | $468,582 | $58,570 | $410,012 |
| 2019 | $5,109 | $459,395 | $57,422 | $401,973 |
| 2018 | $5,051 | $450,389 | $56,297 | $394,092 |
| 2017 | $5,140 | $441,559 | $55,194 | $386,365 |
| 2016 | $4,809 | $432,902 | $54,112 | $378,790 |
| 2015 | $4,752 | $426,401 | $53,300 | $373,101 |
| 2014 | $4,719 | $418,049 | $52,256 | $365,793 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 05/12/2026 05/12/26 | Pending | -- | -- | -- |
| 04/24/2026 04/24/26 | For Sale | $995,000 | -- | -- |
Source: Shasta Association of REALTORS®
MLS Number: 26-1860
APN: 068-730-35
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Ask me questions while you tour the home.