$4,000,000

Estimated payment $25,542/month

-- Bed
-- Bath
-- Sq Ft
-- Price per Sq Ft

Highlights

  • Central Air
  • Garage
  • Wood Siding

About This Home

Stonewood Apartments is a well-maintained, single-owner complex centrally located within an established residential corridor of Redding, the economic hub of Shasta County. The property consists of 38 units, comprised of 22 one-bedroom, one-bath units and 16 two-bedroom, one-bath units, along with an on-site manager's unit. Additional features include 6 garages, on-site laundry facilities, a community pool, and ample parking for tenants, all contributing to strong tenant appeal and long-term occupancy. The property benefits from convenient access to Highway 44 and Interstate 5, placing tenants within minutes of major employment centers, including healthcare, retail, education, and government services. Nearby amenities such as shopping, dining, schools, and medical facilities support consistent rental demand. With limited new multifamily development in the area and steady occupancy trends, this location offers stable in-place income potential with long-term appreciation upside in one of Northern California's primary regional markets.

Listing Agent

Drew Wahlund

Wahlund & Co. Realty Group License #01918133 Listed on: 04/04/2026

Co-Listing Agent

Tom Brown

Wahlund & Co. Realty Group License #01805441

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1981

Parking

  • Garage

Home Design

  • Wood Siding
  • Stucco

Utilities

  • Central Air

Listing and Financial Details

  • Assessor Parcel Number 070-270-024-000

Property Details

Home Type

Multi-Family

Year Built

Built in 1981

Lot Details

0 Sq Ft Lot

Listing Details

  • Directions: From Cypress and Hartnell, Go right on Hartnell through Bechelli intersection, Go Right on C St. Complex on Right.
  • Prop. Type: Residential Income
  • Year Built: 1981
  • Co List Office Mls Id: sha.2498
  • Co List Office Phone: 530-580-3597
  • Ownership: Seller
  • Subdivision Name: N/A
  • Garage Yn: Yes
  • Miscellaneous Pool: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Exterior Features

  • Construction Type: Stucco, Wood Siding

Garage/Parking

  • Parking Features: Assigned, Guest, On Street
  • Parking:Guest: Yes
  • Parking:On Street: Yes
  • Parking Facilities:Parking Garage: Yes
  • Parking:Assigned: Yes

Utilities

  • Cooling: Central
  • Cooling Y N: Yes
  • Heating:Electric4: Yes

Lot Info

  • Parcel #: 070-270-024-000
  • Lot Dimensions: 1.73
  • Zoning Description: NOT AVAILABLE

Map

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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 List to Sale Price per Sq Ft
04/04/2026 04/04/26 For Sale $4,000,000 -- --
Source: Shasta Association of REALTORS®

Source: Shasta Association of REALTORS®

MLS Number: 26-1483

Shasta Association of REALTORS®
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