4-Unit Multifamily
For Sale
$440,000
1849 Parallel Street, Shasta Lake, CA 96019
Residential Income, Shasta Lake, CA
Property SizeContact for details
Days on Market142
Property Features for 1849 Parallel Street
General Information
Property type
Residential Multi Family
Property subtype
Other
Zoning description
NOT AVAILABLE
Bedrooms
6
Full bathrooms
2
Rooms
Bedroom 5, Bedroom 3, Bathroom 2, Bedroom 4, Bathroom 1, Bedroom 6, Bedroom 2, Bedroom 1
Directions
I-5, Shasta Dam Blvd Exit. Turn left on Cascade, Left on 3rd Street, and Left on Parallel.
Subdivision
31 - Shasta Lake City
Standard status
Active
APN
007-260-006-000
Additional Details
Tenant in Place
Yes
Utilities
Heating system
Forced Air
Cooling system
Central Air
Amenities
on-site laundry room
Building Details
Year built
1980
Floors in Building
1
Listing Agency:
Waterman Real Estate
(530) 691-4444
Listed By:
Justin W Jones · License #01469749
(530) 356-8100
Added: Jun 9
Changed: Oct 28
Last Checked: Oct 28 at 2:06AM
MLS# 26-2773
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 1980, this four-unit property includes two 2-bedroom, 1-bath apartments and two 1-bedroom, 1-bath apartments. One unit received a full remodel in 2023. Building systems include forced-air heating and central air conditioning; recent work includes a roof installed in 2025 and two HVAC systems installed in 2025 and 2026. Residents have access to an on-site laundry room, three garage spaces, and four covered carport spaces.
The property is in Shasta Lake, with access to Interstate 5. Several tenants have occupied the building long term.
The property is in Shasta Lake, with access to Interstate 5. Several tenants have occupied the building long term.
Key Highlights
- Four units: two 2‑bedroom, 1‑bath units and two 1‑bedroom, 1‑bath units
- Roof installed in 2025; two HVAC systems installed in 2025 and 2026
- One apartment fully remodeled in 2023
Property Analytics
Who owns this building?
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Lease Details
4
Residential units
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
125
Businesses Nearby
Explore this area
Business Placement
Demographics for 96019, CA
10,491
Population
4,277
Households
2.5
Avg Household Size
42
Median Age
14%
College-Educated
91%
High-School Grad
19.3 sq mi
ZIP Area
544
Density / Sq Mi
$60,972
Median Household Income
$35,683
Median Earnings
$1,264
Median Rent
$271,600
Median Home Value
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Market
Vacancy Rate% for Multifamily in West region
Frequently Asked Questions
What type of property is this?
Quadplex - The unit mix combines two two-bedroom apartments with two one-bedroom apartments.
Where is this quadplex located?
The property is located at 1849 Parallel Street Shasta Lake, CA.
What is the asking price?
The asking price for this property is $440,000.
What are key features of this property?
This property features: Four units: two 2‑bedroom, 1‑bath units and two 1‑bedroom, 1‑bath units; Roof installed in 2025; two HVAC systems installed in 2025 and 2026; One apartment fully remodeled in 2023
