1535 E Cypress Ave Redding, CA 96002
Reservoir NeighborhoodEstimated payment $2,752/month
About This Home
Homes with Expansion Potential
This 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, 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!
Listing Agent
Coldwell Banker Select Real Estate - Redding License #01341111 Listed on: 08/07/2025
Property Details
Home Type
- Multi-Family
Home Design
- Wood Siding
Parking
- Carport
- Off-Street Parking
Utilities
- Evaporated cooling system
Listing and Financial Details
- Assessor Parcel Number 067-460-003-000
Map
Home Values in the Area
Average Home Value in this Area
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 09/20/2025 09/20/25 | Price Changed | $440,000 | -2.2% | -- | |
| 08/07/2025 08/07/25 | For Sale | $450,000 | -14.3% | -- | |
| 12/30/2021 12/30/21 | Sold | $525,000 | -4.4% | $390 / Sq Ft | View Prior Sale |
| 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 | View Prior Sale |
| 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®
MLS Number: 25-3614
APN: 067-480-03
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.
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.
- 1703 Cascade Ln
- 1565 Becky Way
- 2796 Kenco Ave
- 2164 Oxford Rd
- 2820 Alfreda Way
- 1221 E Cypress Ave Unit 48
- 1221 E Cypress Ave Unit 67
- 1221 E Cypress Ave Unit 93
- 1610 Oakdale Ct
- 2093 Victor Ave
- 2006 Vale Dr
- 1271 Mistletoe Ln
- 1939 Cameo Ct
- 3340 Hartnell Ave
- 2901 Blue View St
- 0 Churn Creek Rd Unit 25-496
- 2919 Blueview St
- 3178 Lawrence Rd
- 3283 Middleton Ln
- 1988 Shasta Pines Way
- 1221 E Cypress Ave Unit 48
- 2945 West Way
- 2945 West Way
- 1258 Mistletoe Ln
- 1258 Mistletoe Ln
- 1258 Mistletoe Ln
- 1201 Echo Rd
- 2070 Bechelli Ln Unit 22
- 2684 Wilson Ave
- 3700 Churn Creek Rd
- 2553 Candlewood Dr
- 1143 Grouse Dr
- 1230 Canby Rd
- 590 Dee Ct
- 910 Canby Rd
- 540 South St
- 1470 Setter Dr
- 2520 California St
- 500 Hilltop Dr
- 2123 Waldon St Unit C