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Property profile & analytics
OFF-MARKET
Investment properties

1401 California St Redding, CA 96001

0.15 ac lot Built 2023
Individually Owned 1-yr Hold Absentee Owner Free & Clear
Property ID
US09-4974005
Property summary
AI-generated overview

This exceptional Class A property, California Place - Building 1, offers 3,000 square feet of prime commercial space in downtown Redding, CA. Located at 1401 California St, this six-story building, completed in 2023, features multiple tenancy options with a minimum divisible space of 1,000 square feet and a maximum contiguous space of 3,000 square feet. The property boasts abundant natural light and high visibility thanks to expansive floor-to-ceiling retail windows. Suites are customizable to meet diverse business needs, including retail, restaurant, and executive office spaces. Outdoor seating areas are available for select units. Building amenities include elevators and convenient access to a nearby 5-story parking structure with 400 spaces, ensuring ample parking for tenants and customers. The 0.17-acre lot is zoned DCD-SP-BH (Downtown Core District - Specific Plan - Building Height Overlay) in Shasta County (APN: 101-790-073-100). This vibrant location benefits from significant recent investment in the downtown area, exceeding $500 million in the past five years, and is surrounded by a thriving community including 337 apartments, providing a built-in customer base. A unique opportunity also exists for a 750 square foot rooftop bar. This is an unparalleled chance to establish your business in a dynamic and rapidly growing downtown Redding location.

Property profile
Verified
Property type Investment properties
Use group OFFICE/RESIDENTIAL (MIXED USE)
Year built 2023
Lot 0.15 ac (6,534 SF)
APN 101-790-073-520
UPID US09-4974005
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • Shasta College Community Leadership Center College
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
by Request
Owner & transaction history
Shasta Tehama Trinity Joint Cmnty C · 1 yrs held
Shasta Tehama Trinity Joint Cmnty C
since 2024
1 recorded transaction
2024
Price N/A
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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