Eight-Home Multifamily
For Sale
$1,050,000
2230 El Reno Lane Redding CA 96001, Redding, CA 96001
Detached rental homes with recent improvements, dual-pane windows, and low-maintenance landscaping on one parcel.
Property SizeContact for details
Days on Market60
Property Features for 2230 El Reno Lane Redding CA 96001
General Information
Standard status
Active
Property subtype
Residential Income
Occupancy
100%
Financials
Cap Rate
7.06%
Gross Income
$99,000
Additional Details
Multifamily Units
8
Building Details
Year Built
1945
Buildings
8
Listing Agency:
Realty 110, Inc.
(530) 242-4114
Listed By:
Nick Kerley · License #01332465
(530) 242-4114
Source:
Search.realty110
Added: Jul 4
Changed: Aug 31
Last Checked: Sep 1 at 2:54PM
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 Realty 110, Inc.
Investment Insights
Based on property information with market context.
This multifamily property comprises 8 detached rental homes situated on a single parcel. The residences were built in 1945 and have received a range of updates, including newer roofs, refreshed siding on several homes, exterior painting, interior improvements, and dual-pane windows. Separate-home layouts provide each residence with its own private setting, while low-maintenance landscaping supports streamlined upkeep.
The property is fully occupied and carries a 7.06% CAP rate. Located at 2230 El Reno Lane in Redding, the site offers access to shopping, schools, parks, and transportation. The combination of individual detached residences, recent physical improvements, and centralized ownership creates a distinct multifamily configuration.
The property is fully occupied and carries a 7.06% CAP rate. Located at 2230 El Reno Lane in Redding, the site offers access to shopping, schools, parks, and transportation. The combination of individual detached residences, recent physical improvements, and centralized ownership creates a distinct multifamily configuration.
Key Highlights
- 8 detached homes on one parcel
- Fully occupied residential income property
- 7.06% CAP rate
Property Analytics
Property Profile
Current Use
Lease Details
8
Residential units
100%
Occupancy
Location Intelligence
Trade Area within ½ mile
304
Businesses Nearby
Explore this area
Business Placement
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
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Multifamily property - Detached rental homes with recent improvements, dual-pane windows, and low-maintenance landscaping on one parcel.
Where is this multifamily property located?
The property is located at 2230 El Reno Lane Redding CA 96001 Redding, CA.
What is the asking price?
The asking price for this property is $1,050,000.
What are key features of this property?
This property features: 8 detached homes on one parcel; Fully occupied residential income property; 7.06% CAP rate
