Mixed-Use Property with Mobile
2339 North Drive Redding, CA 96001
For Sale
$199,000
COMMERCIAL - Redding, CA
Property Size552 SF
Lot Size0.40 Acres
Price / SF$360.51
Days on Market449
Property Features for 2339 North Drive
General Information
- Property type
- Commercial Sale
- Property subtype
- Other
- Parking features
- On Street, Off Street
- Standard status
- Active
- APN
- 050-310-003-000
- Size
- 552 SF
- Lot size
- 0.40 Acres
Building Details
- Year built
- 1943
- Flooring type
- Carpet - Full
- Building materials
- Wood Siding
- Roof type
- Composition
Listing Agency:
TREG INC - The Real Estate Group
(530) 222-5522
Listed By:
Tom Miceli · License #01105123
(530) 515-3250
Added: May 3, 2025
Changed: Jul 1
Last Checked: Jul 25 at 5:06AM
MLS# 25-1951
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 for-sale mixed-use property includes a nicely renovated 1-bedroom, 1-bath home with an open kitchen and living room, a dedicated laundry room, and luxury vinyl flooring. An older 2-bedroom, 2-bath mobile home is also on-site, creating two residential units under one ownership.
The property is located at 2339 North Drive in Redding, California, and sits on a 0.40-acre commercial lot. The listing indicates the combination of homes within this commercial-lot setting.
For buyers seeking an owner-occupied setup or an income-producing residential configuration, the layout provides a renovated smaller home and an additional mobile home unit on the same site. The presence of two separate residential spaces can support practical leasing or multi-generational use, subject to any applicable local requirements.
The property is located at 2339 North Drive in Redding, California, and sits on a 0.40-acre commercial lot. The listing indicates the combination of homes within this commercial-lot setting.
For buyers seeking an owner-occupied setup or an income-producing residential configuration, the layout provides a renovated smaller home and an additional mobile home unit on the same site. The presence of two separate residential spaces can support practical leasing or multi-generational use, subject to any applicable local requirements.
Key Highlights
- 1‑bedroom, 1‑bath home with open kitchen and living room
- Luxury vinyl flooring and carpet - full throughout
- Includes a 2‑bedroom, 2‑bath mobile home
Financial Insights For Mixed Use
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $10.5k | $19.08 |
| − Vacancy | −$621 | −$1.13 |
| EGI | $9.9k | $17.95 |
| − OpEx | −$3.7k | −$6.73 |
| NOI | $6.2k | $11.22 |
552 SF · lease $19.08/SF/yr · vacancy 5.90% · expense 37.50%
Alternative Uses
Best Use
Mixed Use
$88.5K
$77.4K – $103.2K
NOI $6,194 @ 7.0% cap · market cap 3.11%
Second Best
Apartment 5plus
$86.3K
$75.5K – $100.6K
NOI $6,038 @ 7.0% cap · market cap 3.03%
Theoretical Best
Specialty Retail
$122.9K
$107.5K – $143.4K
NOI $8,603 @ 7.0% cap · market cap 4.32%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Single family properties
FAQs
What type of property is this?
Mixed-use property - Renovated 1-bed home plus an older 2-bed, 2-bath mobile home on a commercial lot.
Where is this mixed-use property located?
The property is located at 2339 North Drive Redding, CA.
What is the asking price?
The asking price for this property is $199,000.
What are key features of this property?
This property features: 1‑bedroom, 1‑bath home with open kitchen and living room; Luxury vinyl flooring and carpet - full throughout; Includes a 2‑bedroom, 2‑bath mobile home
