1310 Olive Street, Redding, CA 96001

+1 (530) 241-8300 info@realestate-redding.com

1310 Olive Street, Redding, CA 96001

$665,000

Property Type: Residential Income Status: Active

Current Price: $665,000 List Date: 6/24/2025 Last Modified: 7/07/2025

Description

Charming vintage character meets investment potential with this rare offering in the heart of downtown Redding. This multi-unit residential income property includes two homes on one lot—a 2 bed, 1 bath home with a 2-car garage and a separate 1 bed, 1 bath unit with a carport—plus an adjacent parcel with an additional 1 bed, 1 bath home included in the sale. All units are occupied with long-term tenants, providing immediate income. Enjoy the classic appeal of original architectural details, mature trees, and a walkable location close to dining, shops, and transportation. Ideal for investors seeking stable returns with future upside growth potential.

More Information MLS# 25-2901

Address Information

Street Suffix: Street Cross Street: Placer Street Number: 1310 Street Name: Olive State/Province: CA Postal Code: 96001 County: Shasta

Property Description

Type: Residential Income List Price: 665000 Parcel Number: 103-130-003 Addl. Parcel Number: 105-130-002 GP Zone: NOT AVAILABLE Zoning: NOT AVAILABLE Year Built Desc: 30+ Stories: 1 Current Price: $665,000 Area: 04 - SW Redding Subdivision: N/A Year Built: 1937

Remarks

Public Remarks: Charming vintage character meets investment potential with this rare offering in the heart of downtown Redding. This multi-unit residential income property includes two homes on one lot—a 2 bed, 1 bath home with a 2-car garage and a separate 1 bed, 1 bath unit with a carport—plus an adjacent parcel with an additional 1 bed, 1 bath home included in the sale. All units are occupied with long-term tenants, providing immediate income. Enjoy the classic appeal of original architectural details, mature trees, and a walkable location close to dining, shops, and transportation. Ideal for investors seeking stable returns with future upside growth potential. Directions: Take Placer West, right on Olive. Pink Home is on the left at the roundabout

Contract Information

Listing Contract Date: 2025-06-16 Status: Active List Date: 2025-06-24

How to Show

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

Unit Type

Triplex: 1

Exterior

Stucco: 1

Parking

Garage: 1 # Spaces Garage: 2 Off Street: 1 On Street: 1

Unit Description

1 Bedroom: 1 2 Bedroom: 1

Some Units Include

Air Conditioner: 1

Ownership

Seller: 1

Heating

Furnace Wall: 1

Cooling

Evaporative: 1 Window: 1

Available Terms

All Cash to Seller: 1 Cash: 1 Cash to New Loan: 1

Possession

Arrange: 1

Financial Info

1st Balance Amount: 150000

Unit 1

Unit #: 1310 Olive # Bedrooms: 2 # Baths: 1 Rent: 1075 SqFt: 1063 Parking: 2 car garage

Unit 2

Unit #: 2431 Shasta Street # Bedrooms: 1 # Baths: 1 Rent: 895 Parking: 1 car covered Stories: 1

Unit 3

Unit #: 2441 Shasta Street # Bedrooms: 1 Rent: 1150 SqFt: 800

Property Features

Unit Type: Triplex Exterior: Stucco Parking: Garage; Off Street; On Street Unit Description: 1 Bedroom; 2 Bedroom Some Units Include: Air Conditioner Heating: Furnace Wall Cooling: Evaporative; Window Ownership: Seller Available Terms: All Cash to Seller; Cash; Cash to New Loan Possession: Arrange