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

1285 Lancers Lane, Redding, CA 96003

MULTI_FAMILY - Redding, CA

Property SizeContact for details
Days on Market679

Property Features for 1285 Lancers Lane

General Information

Property type Residential Multi Family
Property subtype Other
Zoning description Conforming
Bedrooms 12
Full bathrooms 12
Rooms Bathroom 4, Bedroom 1, Bedroom 10, Bedroom 2, Bedroom 4, Bedroom 3, Bedroom 5, Bathroom 11, Bedroom 8, Bathroom 6, Bedroom 7, Bedroom 11, Bedroom 6, Bedroom 9, Bedroom 12, Bathroom 10, Bathroom 8, Bathroom 12, Bathroom 5, Bathroom 9, Bathroom 7, Bathroom 1, Bathroom 3, Bathroom 2
Parking features Assigned
Directions Churn Creek Road to east on Lancers Lane (across from Home Depot). Property is on the right on the corner of Lancers and Bundy Ct.
Subdivision 02 - NE Redding
Standard status Active
APN 071-370-001-000

Utilities

Cooling system Central Air

Amenities

coin-op laundry room

Building Details

Year built 1986
Floors in Building 2
Building materials Stucco
Listing Agency: House of Realty
Listed By: Rob Middleton · License #00549124
Added: Oct 23, 2024 Changed: Aug 2 Last Checked: Sep 1 at 7:06PM
MLS# 24-4546

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.

Located at 1285 Lancers Lane in Redding, this two-story stucco six-plex was built in 1986 and is designed for straightforward, low-turnover operation. The property includes six all-electric 2 bedroom, 2 bath units, totaling 1,060 SF per unit, plus one separate coin-op laundry room servicing the building.

Each unit is on month-to-month tenancies, which can allow for flexible resident turnover compared to fixed-term leases. Central air is provided, and parking is offered with assigned spaces.

The property’s configuration supports a tenant-friendly, all-electric unit mix with on-site shared laundry, while the month-to-month structure may appeal to ownership strategies that prefer lease flexibility.

Key Highlights

  • Two‑story stucco six‑plex built in 1986
  • 6 all‑electric 2BR/2BA units, each 1,060 SF
  • Separate coin‑op laundry room serving the 6‑plex

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 - Two-story six-plex with 6 all-electric 2BR/2BA units and a separate coin-op laundry room.
Where is this apartment building located?
The property is located at 1285 Lancers Lane 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: Two‑story stucco six‑plex built in 1986; 6 all‑electric 2BR/2BA units, each 1,060 SF; Separate coin‑op laundry room serving the 6‑plex
More about this property
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