$500,000
$39K PRICE DROP

1535 E Cypress Ave Redding, CA 96002

Reservoir Neighborhood

Estimated payment $3,153/month

Total Views 2,857
-- Bed
-- Bath
-- Sq Ft
-- Price per Sq Ft

Highlights

  • Evaporated cooling system
  • Enterprise High School Rated A-
  • Wood Siding

About This Home

Homes with Expansion PotentialThis unique residential income property presents a fantastic opportunity for investors! Situated in a prime location near shopping, transportation, and essential amenities, this offering includes three separate homes and a spacious lot that may allow for future expansion.The main home features three bedrooms, 1.5 baths, a fenced yard, a carport, and additional storage, making it an ideal rental or owner-occupied residence. The two additional homes each offer two bedrooms and one bath, providing comfortable living spaces for tenants.All three homes were updated four years ago with new roofs, flooring, and fresh paint, ensuring a modern and well-maintained living environment for tenants.With multiple rental units already in place and the potential for further development, this property is a rare find in today's market. Don't miss this chance to own a versatile investment with excellent income potential!

Last Listed By

Kimberly Pedersen

Coldwell Banker Select Real Estate - Redding License #01341111 Listed on: 02/14/2025

Coldwell Banker Select Real Estate - Redding

Property Details

Home Type

  • Multi-Family

Year Built

  • 1938

Home Design

  • Wood Siding

Parking

  • Carport
  • Off-Street Parking

Utilities

  • Evaporated cooling system

Listing and Financial Details

  • Assessor Parcel Number 067-460-003-000

Property Details

Home Type

Multi-Family

Year Built

1938

Lot Details

0

Listing Details

  • Directions: South side of Cypress between Oxford & Heather Lane.
  • Prop. Type: Residential Income
  • Building Stories: 1
  • Ownership: Seller
  • Subdivision Name: N/A
  • Carport Y N: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 1
  • Year Built: 1938

Exterior Features

  • Construction Type: Wood Siding

Garage/Parking

  • Parking Features: Assigned, Off Street
  • ParkingOffStreet: Yes
  • Parking:Carport: Yes
  • Parking:Assigned: Yes

Utilities

  • Cooling: Evaporative Cooling
  • Cooling Y N: Yes
  • Heating:Baseboard2: Yes

Lot Info

  • Parcel #: 067-460-003-000
  • Additional Parcels Description: 067-480-002-000
  • Zoning Description: NOT AVAILABLE

Rental Info

  • Owner Pays: Electric, Insurance, Sewer, Water, Garbage, Bldg/Grnds Mnt, Management

Map

Range of Values:

Collateral Analytics

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ICE

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/16/2025 05/16/25 Price Changed $500,000 -4.6% --
03/10/2025 03/10/25 Price Changed $524,000 -2.8% --
02/14/2025 02/14/25 For Sale $539,000 +2.7% --
12/30/2021 12/30/21 Sold $525,000 -4.4% $390 / Sq Ft
12/14/2021 12/14/21 Pending -- -- --
12/10/2021 12/10/21 For Sale $549,000 +175.9% $408 / Sq Ft
05/27/2020 05/27/20 Sold $199,000 -0.5% $148 / Sq Ft
03/28/2020 03/28/20 Pending -- -- --
03/20/2020 03/20/20 For Sale $199,900 -- $149 / Sq Ft
Source: Shasta Association of REALTORS®

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See All Homes in Redding

Source: Shasta Association of REALTORS®

MLS Number: 25-594

Shasta Association of REALTORS®

APN: 067-480-03

California Shasta County Redding 96002 Reservoir

1535 E Cypress Ave, Redding, CA

This home is located at 1535 E Cypress Ave, Redding, CA 96002 and is currently priced at $500,000. This property was built in 1938. 1535 E Cypress Ave is a home located in Shasta County with nearby schools including Shasta Meadows Elementary School, Parsons Junior High School, and Enterprise High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Shasta Association of REALTORS® 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.

Nearby Homes
Kimberly Pedersen
Listing Agent
Kimberly Pedersen
Section Image
Coldwell Banker Select Real Estate - Redding
(530) 641-9492