Four-Unit Quadplex with Attached
For Sale
$659,000
Pending
1196 Lancers Ln, Redding, CA 96003
Fully occupied rental property with four two-bedroom units, attached garages, and a stucco exterior.
Property SizeContact for details
Days on Market43
Property Features for 1196 Lancers Ln
General Information
Standard status
Pending
Property subtype
Residential Income
Occupancy
100%
Units
Unit Mix
4 x 2BR/1.5BA
Multifamily Units
4
Additional Details
Gross Income
$63,000
Building Details
Buildings
1
Construction
stucco
Tenancy
Multi
Listing Agency:
Kirkland Real Estate Partners
(530) 510-9988
Listed By:
Cherrel Kirkland · License #01011716
(530) 510-9988
Source:
Exprealty
Added: Jul 11
Changed: Aug 22
Last Checked: Aug 22 at 2:10AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Kirkland Real Estate Partners
Investment Insights
Based on property information with market context.
This quadplex at 1196 Lancers Ln in Redding, CA contains four 1,200-square-foot units, each configured with two bedrooms and 1.5 bathrooms. Attached garages provide dedicated tenant parking and storage. The property has a stucco exterior, a recently replaced roof, and a low-maintenance yard. Two new 2.5 ton HVAC units are scheduled for installation in August 2026.
The building is fully occupied, with two long-term residents and two newer leases in place. Its location offers access to shopping, dining, and local amenities, supporting its residential rental use. The four-unit configuration provides a compact multifamily asset with consistent occupancy across the property.
The building is fully occupied, with two long-term residents and two newer leases in place. Its location offers access to shopping, dining, and local amenities, supporting its residential rental use. The four-unit configuration provides a compact multifamily asset with consistent occupancy across the property.
Key Highlights
- Four 1,200‑square‑foot units, each with 2 bedrooms and 1.5 bathrooms
- Attached garages serve the individual units
- Fully occupied with two long‑term residents and two newer leases
Property Analytics
Current Use
Lease Details
4
Residential units
100%
Occupancy
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
952
Businesses Nearby
Explore this area
Business Placement
Demographics for 96003, CA
45,185
Population
19,873
Households
2.3
Avg Household Size
42
Median Age
27%
College-Educated
94%
High-School Grad
111.2 sq mi
ZIP Area
406
Density / Sq Mi
$71,801
Median Household Income
$39,295
Median Earnings
$1,402
Median Rent
$370,500
Median Home Value
Market
Vacancy Rate% for Multifamily in West region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Quadplex - Fully occupied rental property with four two-bedroom units, attached garages, and a stucco exterior.
Where is this quadplex located?
The property is located at 1196 Lancers Ln Redding, CA.
What is the asking price?
The asking price for this property is $659,000.
What are key features of this property?
This property features: Four 1,200‑square‑foot units, each with 2 bedrooms and 1.5 bathrooms; Attached garages serve the individual units; Fully occupied with two long‑term residents and two newer leases
