Excellent Investment Opportunity in East Redding! Built in 2006, this well-maintained fourplex offers an attractive combination of spacious units, convenient location, and low-maintenance construction. Each of the four units features a desirable 2-bedroom, 2-full-bathroom floor plan with a large living room, spacious kitchen, dedicated dining area, washer and dryer hookups, and central heating and air conditioning. Each unit also enjoys its own private backyard, providing valuable outdoor space and added tenant appeal. The property offers ample off-street parking and features slab foundations and stucco exteriors for easy, low-maintenance ownership. Conveniently located in East Redding, close to shopping, dining, and everyday amenities, this property is an excellent opportunity for investors seeking a quality multifamily asset in a desirable rental location.
Multi-familyProperty Type
2006Year Built
Listed by Broker/Owner Kerley•DRE #01332465• Realty 110, Inc.
Listed by Kimberly Moore•DRE #02059831• Realty 110, Inc.
Reservoir, located between Lake Redding Park and the Sacramento River, is a residential and outdoor-oriented Redding neighborhood with riverfront trails and a low-slung, mid-century street grid. The neighborhood’s character concentrates around the Sundial Bridge at Turtle Bay, where cyclists, walkers, and museum-goers stream past river views and sculptural steel. Housing leans ranch-style with mature trees and a calm, tucked-away feel near the water. Turtle Bay Exploration Park and the McConnell Arboretum & Botanical Gardens act as cultural anchors with exhibits, gardens, and seasonal programming. The Sacramento River Trail sets the daily rhythm with long, shaded stretches for running and rolling. Nearby parkland and open sky keep the atmosphere grounded in landscape.
Provided by Walk Score and Local Logic
Property details
Interior
Exterior
Finance
Kitchen
Bathroom
Bedroom
Living
Dining
Kitchen
Dishwasher
Heating & cooling
Central heating
Heating
Cooling
Home design
Residential income property
Parking
Off-street parking
Oversized parking
Construction
Stucco construction
Electricity and solar
View estimated energy costs and solar savings for this home
Rare Opportunity! Very clean and well maintained 4 plex in Redding. Built in 2006. EACH UNIT is approx. 1100 sqft. and has 2 Bedrooms, 2 Full Bathrooms, spacious single story layout with, Off-street Parking, indoor laundry, & private backyard. Very easy to rent when there is a vacancy. Tenants really like living here most are long term.
Public Records
Nov 29, 2006
Sold
$567,500
Public Records
Feb 25, 2005
Sold
$90,000
Public Records
Dec 17, 2002
Sold
$48,000
Year
Property tax
Land + Additions
Assessment*
2026
$7,230 (+1.9%)
$81,238 + $574,487
$655,725
2025
$7,094 (+1.5%)
$81,238 + $574,487
$655,725
2024
$6,987 (+1.4%)
$79,646 + $563,223
$642,869
2023
$6,890 (+2.9%)
$78,085 + $552,180
$630,265
2022
$6,696 (+3.5%)
$76,554 + $541,353
$617,907
2021
$6,468 (+0.4%)
$75,053 + $530,739
$605,792
2020
$6,441 (+0.8%)
$73,582 + $520,333
$593,915
2019
$6,389 (+1.2%)
$72,828 + $514,998
$587,826
2018
$6,316 (+46.2%)
$71,400 + $504,900
$576,300
2017
$4,320 (+10.7%)
$50,000 + $320,000
$370,000
2016
$3,902 (+5.7%)
$50,000 + $320,000
$370,000
2015
$3,690 (+8.5%)
$50,000 + $300,000
$350,000
2014
$3,402
$50,000 + $250,000
$300,000
Public record
Public record
Zoning
Permits
Beds
8
Baths
8
Stories
1
Lot width
—
Lot depth
—
Lot size
0.37 Acres
Year renovated
—
Finished Sq. Ft.
4,480
Unfinished Sq. Ft.
—
Total Sq. Ft.
4,480
Year built
2006
Style
Other
County
Shasta County
APN
067210073000
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
—
Last updated by owner on Oct 9, 2026.
RM 6
Residential Multiple-Family District
Provide areas for medium - to high-density multiple-family projects and other uses that are compatible with multiple-family development. Encourage housing that is located near downtown and has adequate access to public transportation and arterial streets.
Permitted uses
Include but are not limited to:
Day care facility
Housing-Single unit
Housing-Multiple units
Housing-Senior
Housing-Other
Infrastructure
Feb 2, 2026 • Final
Encroachment
Excavate a hole to cut off a gas service. Repair and replace asphalt and concrete surfaces. Implement traffic control according to approved plans.
Gas
Aug 29, 2022 • Final
Residential mechanical
HVAC
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
2/10 Fire Factor
0.00% chance of being in a wildfire in next 30 years
8/10 Heat Factor
7 days above 105° 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
41 unhealthy days expected this year, 48 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
74
51
62
44
56
42
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Sun exposure
Try the sun simulator tool to see how light moves across the property at different times of day and year.
Provided by Shadowmap
Redfin Estimate for 2550 Reservoir Ln
$625,089
$89 over list price of $625K
Nearby comparable homes
The Redfin Estimate uses 6 recent nearby sales, priced between $330K to $579K.