1136 Burton Drive, Redding, CA 96003

$795,000
Property Type: Residential Income Status: Closed
Current Price: $795,000 List Date: 12/17/2024 Last Modified: 5/09/2025

Description

Rare Investment Opportunity - Stunning Fourplex in Prime Location! Nestled in one of the most desirable locations in town, this beautifully maintained fourplex offers convenience, comfort, and unmatched mountain views. Just minutes from shopping, dining, and essential services, this property is a true gem for investors and homeowners alike. Each of the four units feature a townhouse-style floor plan with thoughtful design and functionality. The first three units feature two spacious bedrooms and a full bathroom upstairs, while the downstairs area offers an open-concept layout with a kitchen that has ample storage, a large living room, a dining area, and a convenient half bathroom. The larger end unit stands out with its additional features. Upstairs, it includes a primary suite with an additional full bathroom and a second bedroom. Downstairs, the expansive kitchen flows into a dedicated dining room and a cozy living room complete with a fireplace. This unit also includes an attached two-car garage for added convenience. This property exudes pride of ownership, as it has been meticulously maintained by the original owners, with consistent upkeep and improvements over the years. The immaculate condition and attention to detail set this building apart. Properties like this rarely come to market, making it an exceptional opportunity to own a turnkey fourplex in a prime location with HUGE Upside on Rents and a proven track record of care and maintenance.

More Information MLS# 24-5167

Address Information

Street Number: 1136 Street Name: Burton Cross Street: Lancers Lane Street Suffix: Drive State/Province: CA Postal Code: 96003 County: Shasta

Property Description

Current Price: $795,000 Type: Residential Income Area: 02 - NE Redding List Price: 899000 Subdivision: N/A Parcel Number: 071-340-035-000 Lot Dim or Acres: 0.27 GP Zone: NOT AVAILABLE Zoning: NOT AVAILABLE Stories: 2 Year Built: 1992 Year Built Desc: 30+

Remarks

Public Remarks: Rare Investment Opportunity - Stunning Fourplex in Prime Location! Nestled in one of the most desirable locations in town, this beautifully maintained fourplex offers convenience, comfort, and unmatched mountain views. Just minutes from shopping, dining, and essential services, this property is a true gem for investors and homeowners alike. Each of the four units feature a townhouse-style floor plan with thoughtful design and functionality. The first three units feature two spacious bedrooms and a full bathroom upstairs, while the downstairs area offers an open-concept layout with a kitchen that has ample storage, a large living room, a dining area, and a convenient half bathroom. The larger end unit stands out with its additional features. Upstairs, it includes a primary suite with an additional full bathroom and a second bedroom. Downstairs, the expansive kitchen flows into a dedicated dining room and a cozy living room complete with a fireplace. This unit also includes an attached two-car garage for added convenience. This property exudes pride of ownership, as it has been meticulously maintained by the original owners, with consistent upkeep and improvements over the years. The immaculate condition and attention to detail set this building apart. Properties like this rarely come to market, making it an exceptional opportunity to own a turnkey fourplex in a prime location with HUGE Upside on Rents and a proven track record of care and maintenance. Directions: Churn Creek Road. Right onto Lancers Lane. Left onto Burton Drive. Property is on the left.

Contract Information

Listing Contract Date: 2024-12-16 Status: Closed List Date: 2024-12-16 Sold Date: 2025-02-07 Under Contract Date: 2025-01-15 Sold Price: $795,000

How to Show

SH Sntrilck Bluetooth: No LBX Notice in Doc's: Yes

Parking

# Spaces Garage: 5

Unit 1

Unit #: 1 # Bedrooms: 2 # Baths: 1.5 Rent: 1030 Deposit: 800 Parking: 1 CarAttached Garage Stories: 2 Remarks: Month to Month

Unit 2

Unit #: 2 # Bedrooms: 2 # Baths: 1.5 Rent: 1395 Deposit: 1395 Parking: 1 CarAttached Garage Stories: 2 Remarks: Month to Month

Unit 3

Unit #: 2 # Bedrooms: 2 # Baths: 1.5 Rent: 1395 Deposit: 1395 Parking: 1 CarAttached Garage Stories: 2 Remarks: Month to Month

Unit 4

Unit #: 4 # Bedrooms: 2 # Baths: 2.5 Rent: 1175 Deposit: 950500 Parking: 2 CarAttached Garage Stories: 2 Remarks: ''OWNER'S UNIT''

Property Features

Unit Type: Four Plex Parking: Assigned; Garage; Guest; Off Street; On Street Unit Description: 2 Bedroom All Units Include: Air Conditioner; Patio; View; Washer/Dryer Hookups Some Units Include: Fireplace Heating: Forced Air Cooling: Central Ownership: Seller Owner Expenses: Garbage; Water Tenant Expenses: Cable; Electric; Gas Existing Rntl Terms: Month to Month; Deposit Held Available Terms: All Cash to Seller; Cash to New Loan Possession: Arrange; Close of Escrow; Lease Selling Terms: Cash
Listing Office: Realty 110, Inc.
Co Office Name: Realty 110, Inc.
Co Listing Agent: Kimberly Moore
Last Updated: May - 09 - 2025
1136 Burton Drive, Redding, CA 96003- MLS# 24-5167
Information deemed reliable but not guaranteed.

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