1933 Eureka Way Redding, CA 96001
Magnolia NeighborhoodEstimated payment $6,196/month
Highlights
- Popular Property
- Evaporated cooling system
- Wood Siding
- Shasta High School Rated A
About This Home
Multi-Family Investment Opportunity!
Exceptional income-producing property featuring 4 adjoining parcels with a total of 12 rental units plus a profitable self-serve carwash. This versatile investment offers significant upside potential and strong cash-flow opportunities. The property includes mixed units consisting of: 1 three-bedroom unit
2 two-bedroom units
5 one-bedroom units
4 studio apartments
This well-balanced combination appeals to a wide range of tenants and supports consistent occupancy. Many of the rental units have undergone recent renovations, while current rents remain slightly below market value, creating room for future income growth. Complex also includes Laundry room. Carwash
The 2-bay coin-operated self-service carwash has an established customer base and provides additional income potential. Ideally situated in the highly desirable Magnolia District. The property is within walking distance to Downtown Redding Market, the RABA Depot, the YMCA, Shasta High School, and County Courthouse/Offices. It is also within proximity of the City of Redding's proposed Butte Street Boogie Project. This is a project planned improve and enhance the walkability and biking access that will connect downtown to the Sacramento River Trail. Making this an ideal location to that promotes a more active and robust lifestyle. Additional highlights include separately metered units for added management efficiency and tenant convenience.
Listing Agent
Northstate Real Estate Professionals License #01487619 Listed on: 05/16/2026
Property Details
Home Type
- Multi-Family
Year Built
- Built in 1948
Parking
- Off-Street Parking
Home Design
- Wood Siding
- Shingle Siding
- Stucco
Utilities
- Evaporated cooling system
- Window Unit Cooling System
Community Details
- 12 Units
Listing and Financial Details
- Assessor Parcel Number 105-410-011-000
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 | $2,910 | $273,407 | $98,426 | $174,981 |
| 2024 | $2,865 | $268,047 | $96,497 | $171,550 |
| 2023 | $2,865 | $262,792 | $94,605 | $168,187 |
| 2022 | $2,794 | $257,640 | $92,750 | $164,890 |
| 2021 | $2,783 | $252,589 | $90,932 | $161,657 |
| 2020 | $2,281 | $200,668 | $150,505 | $50,163 |
| 2019 | $2,168 | $196,734 | $147,554 | $49,180 |
| 2018 | $2,187 | $192,877 | $144,661 | $48,216 |
| 2017 | $2,175 | $189,096 | $141,825 | $47,271 |
| 2016 | $2,108 | $185,390 | $139,045 | $46,345 |
| 2015 | $2,082 | $182,606 | $136,957 | $45,649 |
| 2014 | $2,068 | $179,030 | $134,275 | $44,755 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 05/16/2026 05/16/26 | For Sale | $1,100,000 | -- | -- |
Purchase 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 | Type | Sale Price | Title Company |
|---|---|---|---|
| Grant Deed | $640,000 | Fidelity Natl Ttl Co Of Ca | |
| Grant Deed | $140,000 | First American Title Co |
Mortgage 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 | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $105,000 | Seller Take Back |
Source: Shasta Association of REALTORS®
MLS Number: 26-2214
APN: 105-410-011-000
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