34-Unit Garden Apartment
For Sale
Contact for pricing
Pending
2727 Lanning Ave, Redding, CA 96001
Rehabbed garden-style apartment complex offering one-bedroom, two-bedroom, and studio floor plans.
Property SizeContact for details
Lot Size0.90 Acres
Days on Market144
Property Features for 2727 Lanning Ave
General Information
Standard status
Pending
Net Rentable
24,300 SF
Lot size
0.90 Acres
Property subtype
Multifamily
Units
Unit Mix
10 x 2BR/1BA, 22 x 1BR/1BA, 2 x studio
Multifamily Units
34
Building Details
Year Built
1995
Year Renovated
2020
Construction
garden-style
Listing Agency:
PR Advisors In
Listed By:
Tai Le · License #01840641
Source:
Crexi
Added: Apr 11
Changed: Aug 30
Last Checked: Sep 1 at 5:17AM
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 PR Advisors In
Investment Insights
Based on property information with market context.
This 34-unit garden-style apartment property includes 24,300 rentable square feet across two parcels totaling .90 AC. The unit mix consists of 10 two-bedroom/one-bath units, 22 one-bedroom/one-bath units, and two studios. Originally built in 1995, the complex underwent rehabilitation work from 2018 through 2020, with most units subsequently rehabbed or retenanted. Eight vacancies are currently reported.
The property is located at 2727 Lanning Ave in Redding, within 1–2 miles of Mercy Medical Center, Downtown Redding, Shasta Public Libraries, CAL FIRE, Redding City Hall, Benton Airpark, Shasta High School, Crown Motors Dealership, and Shasta County Administration. Sacramento River, Redding Recreation, and Tiger Field are also described as a few minutes away.
The property is located at 2727 Lanning Ave in Redding, within 1–2 miles of Mercy Medical Center, Downtown Redding, Shasta Public Libraries, CAL FIRE, Redding City Hall, Benton Airpark, Shasta High School, Crown Motors Dealership, and Shasta County Administration. Sacramento River, Redding Recreation, and Tiger Field are also described as a few minutes away.
Key Highlights
- 34‑unit apartment complex with 24,300 rentable square feet
- Unit mix includes 10 2 Bed/1Bath, 22 1 Bed/1Bath, and 2 Studios
- Rehabilitation completed from 2018‑2020; most units have been rehabbed or retenanted
Property Analytics
Property Profile
Current Use
Lease Details
34
Residential units
Location Intelligence
Trade Area within ½ mile
956
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?
Apartment building - Rehabbed garden-style apartment complex offering one-bedroom, two-bedroom, and studio floor plans.
Where is this apartment building located?
The property is located at 2727 Lanning Ave Redding, CA.
What are key features of this property?
This property features: 34‑unit apartment complex with 24,300 rentable square feet; Unit mix includes 10 2 Bed/1Bath, 22 1 Bed/1Bath, and 2 Studios; Rehabilitation completed from 2018‑2020; most units have been rehabbed or retenanted
