Updated Four-Unit Multifamily
For Sale
$459,900
1849 Parallel Street, Shasta Lake, CA 96019
Residential Income, Shasta Lake, CA
Property SizeContact for details
Days on Market97
Property Features for 1849 Parallel Street
General Information
Property type
Residential Multi Family
Property subtype
Other
Zoning description
NOT AVAILABLE
Bedrooms
6
Full bathrooms
2
Rooms
Bathroom 2, Bedroom 5, Bedroom 4, Bedroom 1, Bedroom 6, Bedroom 3, Bathroom 1, Bedroom 2
Directions
I-5, Shasta Dam Blvd Exit. Turn left on Cascade, Left on 3rd Street, and Left on Parallel.
Subdivision
31 - Shasta Lake City
Standard status
Active
APN
007-260-006-000
Utilities
Heating system
Forced Air
Cooling system
Central Air
Amenities
on-site laundry room
Building Details
Year built
1980
Floors in Building
1
Building materials
Wood Siding
Listing Agency:
Waterman Real Estate
(530) 691-4444
Listed By:
Justin W Jones · License #01469749
(530) 356-8100
Added: Jun 9
Changed: Sep 11
Last Checked: Sep 13 at 2:06AM
MLS# 26-2773
Copyright © 2026 Shasta Association of REALTORS®. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This four-unit multifamily property includes two residences with two bedrooms and one bath each, along with two one-bedroom, one-bath residences. The property was built in 1980 and features wood siding, forced-air heating, and central air conditioning. An on-site laundry room supports resident convenience, while the parking improvements include three garage spaces and four covered carport spaces.
Capital improvements include a new roof completed in 2025, two new HVAC systems installed in 2025 and 2026, and a full remodel of one unit in 2023. The property is located at 1849 Parallel Street in Shasta Lake, with access to Interstate 5, shopping, dining, and outdoor recreation.
Capital improvements include a new roof completed in 2025, two new HVAC systems installed in 2025 and 2026, and a full remodel of one unit in 2023. The property is located at 1849 Parallel Street in Shasta Lake, with access to Interstate 5, shopping, dining, and outdoor recreation.
Key Highlights
- Four‑unit configuration with two 2‑bedroom, 1‑bath units and two 1‑bedroom, 1‑bath units
- New roof installed in 2025
- Two new HVAC systems installed in 2025 and 2026
Property Analytics
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Current Use
Lease Details
4
Residential units
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
125
Businesses Nearby
Explore this area
Business Placement
Demographics for 96019, CA
10,491
Population
4,277
Households
2.5
Avg Household Size
42
Median Age
14%
College-Educated
91%
High-School Grad
19.3 sq mi
ZIP Area
544
Density / Sq Mi
$60,972
Median Household Income
$35,683
Median Earnings
$1,264
Median Rent
$271,600
Median Home Value
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Market
Vacancy Rate% for Multifamily in West region
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Frequently Asked Questions
What type of property is this?
Quadplex - Unit mix combines one- and two-bedroom residences with on-site laundry and covered parking.
Where is this quadplex located?
The property is located at 1849 Parallel Street Shasta Lake, CA.
What is the asking price?
The asking price for this property is $459,900.
What are key features of this property?
This property features: Four‑unit configuration with two 2‑bedroom, 1‑bath units and two 1‑bedroom, 1‑bath units; New roof installed in 2025; Two new HVAC systems installed in 2025 and 2026
