Unbelievable opportunity to buy 8 vintage cottages in ideal location just blocks from dining, shopping, and other area amenities. Each cottage features 2 bedrooms/1 bath, onsite laundry closets, assigned parking and private yard areas. Some units have new roofs, mini-splits, and upgraded electrical service. Situated in a single family home subdivision, tenants enjoy a quiet street, little through traffic, and lower density than most residential income properties. Very stable tenant base with little turnover makes this offering attractive to the investor seeking long-term returns with ease of management.
Multi-familyProperty Type
1943Year Built
Listed by Terence Davis•DRE #01247358• Terence Davis & Associates
Listed by Grace Anderson•DRE #02112009• Terence Davis & Associates
Mistletoe, located between Downtown Redding and the Sacramento River, is a residential and historic Redding neighborhood with tree-lined streets and classic mid-century homes. The neighborhood’s character concentrates around the Parkview Ave and Placer St corridor, where small storefronts, studios, and everyday services set a lived-in, walkable rhythm. Architectural cues lean toward ranch houses, modest bungalows, and low-slung apartments tucked behind mature shade trees. Riverfront paths and open lawns at Caldwell Park shape an outdoors-forward routine. The Sundial Bridge and Turtle Bay Exploration Park add a cultural counterpoint to the quiet blocks. Local coffee and craft beer scenes often orbit Theory Coffee Roasters and Final Draft Brewing Company.
Provided by Walk Score and Local Logic
Market insights
1064 Hawthorne Ave · $950,000
DAYS ON MARKET
50 days
The average home goes pending in 26 days.
SALE-TO-LIST
101.5%
Most homes are selling 2% above list price.
LIST PRICE
$950,000
Median list price in this area is $532,103. (44% lower than this home)
PRICE DROP
0 price drops
16% of homes in this area have had a price drop in the past month.
Property details
Interior
Exterior
Finance
Kitchen
Bathroom
Bedroom
Interior features
Refrigerator
Has cooling
Kitchen
Refrigerator
Heating & cooling
Has cooling
Exterior features
Directions: Mistletoe to Canby, right on Hawthorne
Cross street: Canby Rd.
Home design
Residential Income property
Electricity and solar
View estimated energy costs and solar savings for this home
Provide areas that accommodate a variety of housing types including attached or detached single-family or 2-family dwellings.
Permitted uses
Include but are not limited to:
Day care facility
Housing-Single unit
Housing-Senior
Housing-Other
Infrastructure
Jan 4, 1994 • Final
Residential remodel/repair
Tear off and replace the roof on a residential building.
Roofing
Permit history is from public records and may be incomplete or inaccurate. Redfin and its agents make no representations about the property condition or permit status. Buyers should independently verify all information.
Climate risks
1/10 Flood Factor
Minimal risk of a flood reaching the building in the next 30 years
4/10 Fire Factor
2% chance of being in a wildfire in next 30 years
8/10 Heat Factor
7 days above 106° expected this year, 16 days in 30 years
1/10 Wind Factor
Minimal risk of severe winds over next 30 years
10/10 Air Factor
37 unhealthy days expected this year, 40 days in 30 years
Provided by First Street
Historical weather
Redding, CA • 96002
Average low and high temperatures (°F)
62
40
60
41
71
46
73
48
84
57
94
66
98
66
99
67
89
63
78
53
62
44
56
42
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Sun exposure
87/ 100
Very good sunlight
Sunscore
There appears to be minimal shading by surrounding buildings, terrain, and vegetation.
9.2 hrs
6.5 hrs
JuneDecember
Provided by Shadowmap
Redfin Estimate for 1064 Hawthorne Ave
$897,234
$53K under list price of $950K
Nearby comparable homes
The Redfin Estimate uses 6 recent nearby sales, priced between $275K to $550K.