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6-Unit Apartment Building
For Sale
$899,000

1285 Lancers Lane, Redding, CA 96003

Residential Income, Redding, CA

Property SizeContact for details
Days on Market725

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 Bedroom 10, Bedroom 2, Bathroom 4, Bedroom 8, Bathroom 8, Bedroom 6, Bedroom 12, Bathroom 5, Bathroom 2, Bedroom 7, Bedroom 5, Bedroom 9, Bathroom 11, Bathroom 6, Bathroom 7, Bedroom 3, Bathroom 1, Bedroom 4, Bathroom 3, Bathroom 12, Bathroom 9, Bathroom 10, Bedroom 1, Bedroom 11
Parking features Off Street, Assigned, On Street
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

Heating system Electric (Heating), Forced Air
Cooling system Central Air

Amenities

coin-op laundry

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: Oct 14 Last Checked: Oct 17 at 3:06AM
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.

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Investment Insights

Based on property information with market context.

Built in 1986, this two-story apartment property contains six units, each measuring 1,060 square feet with two bedrooms and two bathrooms. The residences use electric heating and have central air conditioning. A separate coin-operated laundry room serves the building, and parking options include assigned, off-street, and on-street spaces.

The property is located in Redding opposite Home Depot. Tenancies are month to month in five units; unit 5 is the exception.

Key Highlights

  • Six apartments, each with 1,060 square feet, two bedrooms, and two bathrooms
  • Two‑story building constructed in 1986
  • Separate coin‑operated laundry room serves all six units

Property Analytics

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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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Vacancy Rate% for Multifamily in West region

7% 2022
7.8% 2023
8.6% 2024
8.6% 2025

Frequently Asked Questions

What type of property is this?
Apartment building - All six residences have two-bedroom, two-bath layouts and electric systems.
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: Six apartments, each with 1,060 square feet, two bedrooms, and two bathrooms; Two‑story building constructed in 1986; Separate coin‑operated laundry room serves all six units
More about this property
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