Mixed-Use Property with Mobile
For Sale
$199,000
2339 North Drive, Redding, CA 96001
COMMERCIAL - Redding, CA
Property Size552 SF
Lot Size0.40 Acres
Price / SF$360.51
Days on Market456
Property Features for 2339 North Drive
General Information
Property type
Commercial Sale
Property subtype
Other
Zoning description
Non Conforming
Parking features
On Street, Off Street
Directions
South Bonnyview to Eastside Rd; Left on North Dr. Property is on the right.
Subdivision
04 - SW Redding
Standard status
Active
APN
050-310-003-000
Size
552 SF
Lot size
0.40 Acres
Building Details
Year built
1943
Flooring type
Carpet - Full
Building materials
Wood Siding
Roof type
Composition
Listing Agency:
TREG INC - The Real Estate Group
(530) 222-5522
Listed By:
Tom Miceli · License #01105123
(530) 515-3250
Added: May 3, 2025
Changed: Jul 1
Last Checked: Aug 1 at 7:06AM
MLS# 25-1951
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.
This for-sale mixed-use property includes a nicely renovated 1-bedroom, 1-bath home with an open kitchen and living room, a dedicated laundry room, and luxury vinyl flooring. An older 2-bedroom, 2-bath mobile home is also on-site, creating two residential units under one ownership.
The property is located at 2339 North Drive in Redding, California, and sits on a 0.40-acre commercial lot. The listing indicates the combination of homes within this commercial-lot setting.
For buyers seeking an owner-occupied setup or an income-producing residential configuration, the layout provides a renovated smaller home and an additional mobile home unit on the same site. The presence of two separate residential spaces can support practical leasing or multi-generational use, subject to any applicable local requirements.
The property is located at 2339 North Drive in Redding, California, and sits on a 0.40-acre commercial lot. The listing indicates the combination of homes within this commercial-lot setting.
For buyers seeking an owner-occupied setup or an income-producing residential configuration, the layout provides a renovated smaller home and an additional mobile home unit on the same site. The presence of two separate residential spaces can support practical leasing or multi-generational use, subject to any applicable local requirements.
Key Highlights
- 1‑bedroom, 1‑bath home with open kitchen and living room
- Luxury vinyl flooring and carpet - full throughout
- Includes a 2‑bedroom, 2‑bath mobile home
Financial Insights For Mixed Use
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $10.5k | $19.08 |
| − Vacancy | −$621 | −$1.13 |
| EGI | $9.9k | $17.95 |
| − OpEx | −$3.7k | −$6.73 |
| NOI | $6.2k | $11.22 |
552 SF · lease $19.08/SF/yr · vacancy 5.90% · expense 37.50%
Alternative Uses
Best Use
Mixed Use
$88.5K
$77.4K – $103.2K
NOI $6,194 @ 7.0% cap · market cap 3.11%
Second Best
Apartment 5plus
$86.3K
$75.5K – $100.6K
NOI $6,038 @ 7.0% cap · market cap 3.03%
Theoretical Best
Specialty Retail
$122.9K
$107.5K – $143.4K
NOI $8,603 @ 7.0% cap · market cap 4.32%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
192
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
Properties on Market for Mixed-use properties in Shasta County
Vacancy Rate% for Multifamily in West region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Mixed-use property - Renovated 1-bed home plus an older 2-bed, 2-bath mobile home on a commercial lot.
Where is this mixed-use property located?
The property is located at 2339 North Drive Redding, CA.
What is the asking price?
The asking price for this property is $199,000.
What are key features of this property?
This property features: 1‑bedroom, 1‑bath home with open kitchen and living room; Luxury vinyl flooring and carpet - full throughout; Includes a 2‑bedroom, 2‑bath mobile home
