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12-Unit Apartment Property with Carwash
For Sale
$997,500

1933 Eureka Way, Redding, CA 96001

Mixed unit layouts, updated interiors, laundry facilities, and separate metering support efficient property operations.

Property SizeContact for details
Days on Market108

Property Features for 1933 Eureka Way

General Information

Standard status Active
Property subtype Residential Income

Units

Unit Mix 1 x 3BR, 2 x 2BR, 5 x 1BR, 4 x studio
Multifamily Units 12

Additional Details

Public Transit Yes
Car Wash Bays 2

Amenities

laundry room

Building Details

Tenancy Multi
Listing Agency: Northstate Real Estate Professionals
Listed By: Kenneth A Marshall
Source: Exprealty
Added: May 16 Changed: Aug 31 Last Checked: Aug 31 at 1:59AM

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 Northstate Real Estate Professionals

Investment Insights

Based on property information with market context.

This multifamily property comprises four adjoining parcels with 12 rental units and a two-bay, coin-operated self-service carwash. The residential mix includes one three-bedroom unit, two two-bedroom units, five one-bedroom units, and four studios. Several apartments have been renovated, and the complex includes a dedicated laundry room. Each unit is separately metered, supporting straightforward utility administration and tenant convenience.

The property is located at 1933 Eureka Way in Redding’s Magnolia District, within walking distance of Downtown Redding Market, the RABA Depot, the YMCA, Shasta High School, and County Courthouse and Offices. The site combines residential units with an on-property automotive service component in an established central Redding setting.

Key Highlights

  • 12 rental units across 4 adjoining parcels
  • Unit mix includes 1 three‑bedroom, 2 two‑bedroom, 5 one‑bedroom, and 4 studio apartments
  • 2‑bay coin‑operated self‑service carwash on the property

Property Analytics

Current Use

Self service car ...

Suggested Use

Top Pick Furniture & Home Goods (Bike/Boat/Book/etc) Store Storage Facility Grocery & Convenience Store Florist Food Market

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

12
Residential units
Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

2,261
Businesses Nearby

Demographics for 96001, CA

33,914
Population
14,370
Households
2.4
Avg Household Size
42
Median Age
28%
College-Educated
93%
High-School Grad
72.4 sq mi
ZIP Area
468
Density / Sq Mi
$70,594
Median Household Income
$42,316
Median Earnings
$1,238
Median Rent
$385,900
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 - Mixed unit layouts, updated interiors, laundry facilities, and separate metering support efficient property operations.
Where is this apartment building located?
The property is located at 1933 Eureka Way Redding, CA.
What is the asking price?
The asking price for this property is $997,500.
What are key features of this property?
This property features: 12 rental units across 4 adjoining parcels; Unit mix includes 1 three‑bedroom, 2 two‑bedroom, 5 one‑bedroom, and 4 studio apartments; 2‑bay coin‑operated self‑service carwash on the property
More about this property
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