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Two-Story Six-Unit Apartment Building
For Sale
$899,000

1285 Lancers Lane Redding CA 96003, Redding, CA 96003

Income property with all-electric residences and a dedicated coin-operated laundry room serving the building.

Property SizeContact for details
Days on Market61

Property Features for 1285 Lancers Lane Redding CA 96003

General Information

Standard status Active
Property subtype Residential Income

Units

Unit Mix 6 x 2BR/2BA
Multifamily Units 6

Amenities

coin-op laundry room

Building Details

Year Built 1986
Buildings 1
Stories 2
Tenancy Multi
Listing Agency: House of Realty
Listed By: Rob Middleton · License #00549124
Source: Search.realty110
Added: Jul 4 Changed: Aug 29 Last Checked: Sep 1 at 2:53PM

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 House of Realty

Investment Insights

Based on property information with market context.

Built in 1986, this two-story apartment property contains six all-electric residences, each offering 1,060 square feet with two bedrooms and two bathrooms. A separate coin-operated laundry room serves the entire six-unit building. All apartments are currently occupied under month-to-month tenancies.

The property is located across from Home Depot in Redding, California, providing a recognizable commercial reference point for the asset. The unit configuration and on-site laundry facility establish a straightforward multifamily layout with consistent two-bedroom, two-bath floor plans.

Key Highlights

  • Six‑unit, two‑story apartment building constructed in 1986
  • Six all‑electric units, each measuring 1,060 square feet
  • Every residence includes 2 bedrooms and 2 bathrooms

Property Analytics

Current Use

Apartment buildings

Suggested Use

Top Pick Parking Lot & Garage Electrical Service Garden Center (Bike/Boat/Book/etc) Store Locksmith Storage Facility

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

6
Residential units
Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

1,034
Businesses Nearby

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

7% 2022
7.8% 2023
8.6% 2024
8.6% 2025
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Frequently Asked Questions

What type of property is this?
Apartment building - Income property with all-electric residences and a dedicated coin-operated laundry room serving the building.
Where is this apartment building located?
The property is located at 1285 Lancers Lane Redding CA 96003 Redding, CA.
What is the asking price?
The asking price for this property is $899,000.
What are key features of this property?
This property features: Six‑unit, two‑story apartment building constructed in 1986; Six all‑electric units, each measuring 1,060 square feet; Every residence includes 2 bedrooms and 2 bathrooms
More about this property
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