2230 El Reno Ln Redding, CA 96001
Country Heights NeighborhoodEstimated payment $6,306/month
About This Home
Excellent opportunity to acquire a high-performing residential income property featuring 8 detached homes on one parcel. The El Reno Cottages are currently fully occupied and generating over $99,000 in gross annual income, providing a 7.06% CAP rate with strong, consistent cash flow. The property has undergone extensive recent improvements, making it a desirable low-maintenance investment. Updates include newer roofs, updated siding on several units, fresh exterior paint, upgraded interiors, and dual-pane windows. The homes are well maintained and designed for long-term durability while helping keep operating expenses manageable. Each unit offers tenants the privacy and appeal of separate homes rather than traditional apartment units, which has helped support stable occupancy and tenant retention. The property also features low-maintenance landscaping, further reducing ongoing landlord responsibilities. Located in a convenient area with quick access to shopping, schools, parks, and transportation, the property continues to attract steady rental demand. Opportunities to own multiple standalone homes producing strong income on a single parcel are rare, making this a compelling option for investors seeking stable returns and long-term rental demand.
Property Details
Home Type
- Multi-Family
Year Built
- Built in 1945
Parking
- Off-Street Parking
Utilities
- Evaporated cooling system
- Window Unit Cooling System
- Heat Pump System
Community Details
- 8 Units
Listing and Financial Details
- Assessor Parcel Number 108-100-006-000
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 | $8,466 | $810,541 | $108,242 | $702,299 |
| 2024 | $8,339 | $795,443 | $106,120 | $689,323 |
| 2023 | $8,339 | $779,868 | $104,040 | $675,828 |
| 2022 | $8,200 | $764,520 | $102,000 | $662,520 |
| 2021 | $4,278 | $385,687 | $82,645 | $303,042 |
| 2020 | $4,333 | $381,733 | $81,798 | $299,935 |
| 2019 | $4,119 | $374,249 | $80,195 | $294,054 |
| 2018 | $4,155 | $366,912 | $78,623 | $288,289 |
| 2017 | $4,133 | $359,719 | $77,082 | $282,637 |
| 2016 | $4,004 | $352,667 | $75,571 | $277,096 |
| 2015 | $4,435 | $391,912 | $83,607 | $308,305 |
| 2014 | -- | $384,236 | $81,970 | $302,266 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 03/05/2026 03/05/26 | For Sale | $1,050,000 | +40.0% | -- | |
| 02/16/2021 02/16/21 | Sold | $750,000 | -6.1% | -- | View Prior Sale |
| 12/05/2020 12/05/20 | Pending | -- | -- | -- | |
| 09/23/2020 09/23/20 | For Sale | $799,000 | +128.3% | -- | |
| 06/15/2015 06/15/15 | Sold | $350,000 | -6.7% | -- | View Prior Sale |
| 05/23/2015 05/23/15 | Pending | -- | -- | -- | |
| 04/29/2015 04/29/15 | For Sale | $375,000 | -- | -- |
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 |
|---|---|---|---|
| Deed | -- | Placer Title | |
| Grant Deed | $750,000 | Placer Title | |
| Interfamily Deed Transfer | -- | Fidelity Natl Title Co Of Ca | |
| Grant Deed | $350,000 | Fidelity National Title Co | |
| Grant Deed | $375,000 | First American Title Company | |
| Grant Deed | -- | -- | |
| Grant Deed | $180,000 | Fidelity National 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 |
|---|---|---|---|
| Open | $525,000 | New Conventional | |
| Previous Owner | $249,500 | Future Advance Clause Open End Mortgage | |
| Previous Owner | $250,000 | Seller Take Back | |
| Previous Owner | $162,000 | Seller Take Back |
Source: Shasta Association of REALTORS®
MLS Number: 26-854
APN: 108-100-006-000
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.
- 4410 Westside Rd
- 2340 Wilsey Dr
- 2350 Puma Trail
- 4540 Cerro Ln
- 4920 Bonnyview Ave
- 3660-3671 Technology Way
- 0 Lot4 Unit 2 Ph 2 Stillwater Unit 25-4962
- 0 Lot3 Unit 2 Ph 2 Stillwater Unit 25-4961
- 0 Lot6 Unit 2 Ph 2 Stillwater Unit 25-4964
- 0 Lot5 Unit 2 Ph 2 Stillwater Unit 25-4963
- 0 Lot16 Unit 2 Ph 2 Stillwater Unit 25-4958
- 0 Lot9 Unit 2 Ph 2 Stillwater Unit 25-4967
- 0 Lot2 Unit 2 Ph 2 Stillwater Unit 25-4960
- 0 Lot11 Unit 2 Ph 2 Stillwater Unit 25-4953
- 0 Lot10 Unit 2 Ph 2 Stillwater Unit 25-4952
- 0 Lot7 Unit 2 Ph 2 Stillwater Unit 25-4965
- 0000 Wyndham Pointe Subdivision
- 3817 Thea Dr
- 2752 Summerbreeze Place
- 2773 Summerbreeze Place
- 3615 Riverview Dr
- 2158 Branstetter Ln
- 1765 Laurel Ave Unit Condo A
- 1765 Laurel Ave Unit Condo A
- 3179 Sunglow Dr
- 3689 Suzanne Way
- 1006 2nd St
- 911 Parkview Ave
- 3773 Ricardo Ave
- 2061 Jewell Ln
- 2390 North Dr
- 3700 Churn Creek Rd
- 3067 Northwoods Way
- 2123 Waldon St Unit B
- 2120 Gold St Unit 1
- 2162 Sacramento St
- 1800 West St
- 1845 Mesa St
- 1067 South St Unit B
- 1167 Bond St
Ask me questions while you tour the home.