1801 Parallel St Shasta Lake, CA 96019
Estimated payment $2,131/month
About This Home
Great investment opportunity in Shasta Lake City! This single-story fourplex features three 1-bedroom/1-bath units and one 2-bedroom/1-bath unit. The 2/1 unit has been recently updated and offers a larger private yard and additional storage area. Units 1-3 have central heat, while unit 4 has an energy-efficient mini split system. Tenants pay their own electric, keeping operating expenses lower for the owner. Each unit includes a small private backyard area, adding to tenant appeal. The property has a strong history of stable, long-term tenants and features a brand new composition roof installed in 2024, a major recent capital improvement. Interiors are clean and well maintained, providing a solid rental base with opportunity for future cosmetic updates. Street parking available. No pets per current rental terms. Solid income property with upside potential and opportunity for future rent growth in a convenient Shasta Lake City location.
Listing Agent
Coldwell Banker Select Real Estate - Redding License #02193783 Listed on: 03/05/2026
Property Details
Home Type
- Multi-Family
Year Built
- Built in 1979
Utilities
- Central Air
Community Details
- 4 Units
Listing and Financial Details
- Assessor Parcel Number 007-260-002-000
Map
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 | $2,161 | $192,024 | $36,921 | $155,103 |
| 2024 | $2,117 | $188,260 | $36,198 | $152,062 |
| 2023 | $2,117 | $184,570 | $35,489 | $149,081 |
| 2022 | $2,061 | $180,952 | $34,794 | $146,158 |
| 2021 | $2,034 | $177,405 | $34,112 | $143,293 |
| 2020 | $2,025 | $175,587 | $33,763 | $141,824 |
| 2019 | $1,964 | $172,145 | $33,101 | $139,044 |
| 2018 | $1,964 | $168,770 | $32,452 | $136,318 |
| 2017 | $1,931 | $165,462 | $31,816 | $133,646 |
| 2016 | $1,818 | $162,219 | $31,193 | $131,026 |
| 2015 | $1,772 | $159,783 | $30,725 | $129,058 |
| 2014 | $1,787 | $156,654 | $30,124 | $126,530 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 03/05/2026 03/05/26 | For Sale | $379,000 | -- | -- |
Source: Shasta Association of REALTORS®
MLS Number: 26-852
APN: 007-260-02
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Ask me questions while you tour the home.