* * Prime Investment: Tri-Plex in Red Bluff, CA! * * Discover the potential of 1134 Franzel Road, a fantastic Tri-Plex offering three spacious units, each spanning 816 square feet. Boasting 2 bedrooms, 1 bathroom, and convenient in-unit laundry facilities, these units are designed to cater to modern lifestyles. Nestled in Red Bluff, CA, this property enjoys a sought-after location, providing easy access to local amenities, schools, and recreational facilities. Whether you're looking to diversify your investment portfolio or secure a steady stream of rental income, this Tri-Plex presents a lucrative opportunity. Currently fully rented, this property ensures immediate returns on your investment, making it an attractive option for discerning investors. Don't miss out on the chance to capitalize on the thriving rental market in Red Bluff. Schedule a viewing today and seize the potential of 1134 Franzel Road!
Multi-familyProperty Type
1972Year Built
9,148 sq ftLot Size
3 spacesParking
Listed by Mike Gonzalez•DRE #01466329• Coldwell Banker C & C Properties - Red Bluff
Bought with Mike Gonzalez•DRE #01466329• Coldwell Banker C & C Properties - Red Bluff
Great income property. 3-2 bedroom 1 bath units with new carpet and paint in all units. Each unit has a carport space and storage closet. Hvac units and roof approximately 5 years old. There is also a detached 1 car garage which could be used for additional income.
TCAOR #201500996
Feb 9, 2016
Sold
$175,000
Aug 4, 2015
Listed
$179,000
+2
Great income property. 3-2 bedroom 1 bath units with new carpet and paint. Each unit has a carport space and storage closet. Hvac units and roof approximately 5 years old. There is also a detached 1 car garage which could be used for additional income.
Public Records
Apr 10, 2015
Sold
$120,000
Year
Property tax
Land + Additions
Assessment*
2025
$3,430 (−3.4%)
$66,300 + $270,300
$336,600
2024
$3,551 (+1.7%)
$65,000 + $265,000
$330,000
2023
$3,491 (+69.6%)
$66,300 + $276,420
$342,720
2022
$2,059 (+4.2%)
$65,000 + $271,000
$336,000
2021
$1,976 (−2.0%)
$44,618 + $150,593
$195,211
2020
$2,017 (−0.6%)
$43,744 + $147,641
$191,385
2019
$2,030 (+8.1%)
$43,296 + $146,128
$189,424
2018
$1,877 (−0.9%)
$42,448 + $143,263
$185,711
2017
$1,894 (+53.5%)
$40,800 + $137,700
$178,500
2016
$1,234 (−8.4%)
$40,800 + $137,700
$178,500
2015
$1,347 (+0.5%)
$30,457 + $91,372
$121,829
2014
$1,340
$27,857 + $110,858
$138,715
Tax history for 1134 Franzel Rd
Year
Property tax
Land + Additions
Assessment*
2025
$3,430 (−3.4%)
$66,300 + $270,300
$336,600
2024
$3,551 (+1.7%)
$65,000 + $265,000
$330,000
2023
$3,491 (+69.6%)
$66,300 + $276,420
$342,720
2022
$2,059 (+4.2%)
$65,000 + $271,000
$336,000
2021
$1,976 (−2.0%)
$44,618 + $150,593
$195,211
2020
$2,017 (−0.6%)
$43,744 + $147,641
$191,385
2019
$2,030 (+8.1%)
$43,296 + $146,128
$189,424
2018
$1,877 (−0.9%)
$42,448 + $143,263
$185,711
2017
$1,894 (+53.5%)
$40,800 + $137,700
$178,500
2016
$1,234 (−8.4%)
$40,800 + $137,700
$178,500
2015
$1,347 (+0.5%)
$30,457 + $91,372
$121,829
2014
$1,340
$27,857 + $110,858
$138,715
*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.
Public record
Public record
Zoning
Permits
Beds
6
Baths
3
Stories
1
Lot width
—
Lot depth
—
Lot size
9,148 Sq. Ft.
Year renovated
1972
Sq. Ft.
2,448
Year built
1972
Style
Multi-Family (2-4 Unit)
County
Tehama County
APN
031175032000
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
—
Last updated by owner on Aug 10, 2026.
R-3
Neighborhood Apartment District
It is intended that this district classification be applied in areas where single or multiple du within 1 or more buildings are appropriate, and that are designated R-M on the land use diagram of the city general plan; The specific use regulations set out beneath the column titled R-3 in the chart marked residential zones and permit requirements in 25.52 shall apply in all R-3 districts.
Permitted uses
Include but are not limited to:
Housing-Group
Housing-Single unit
Housing-Multiple units
Housing-Senior
Housing-Student
Housing-Other
Infrastructure
Lodging & hospitality
Bed & breakfast
Sep 29, 2006 • Final
Mep
Install a new heating and air conditioning system.
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.
Property details
Parking
Parking/Garage Information
# of Open Parking Spaces: 3
Interior
Room Information
Basement Details: None
Unit Type 1 Information
# of Bedrooms: 2
# of Bathrooms: 1
Sq.Ft. Total: 816
Actual Rent: $875
Unit Type 2 Information
# of Bedrooms: 2
# of Bathrooms: 1
Sq.Ft. Total: 816
Actual Rent: $875
Exterior
Property Information
Property Type: Residential Income
Property Sub Type: Triplex
Raw Mls Property Sub Type: Triplex
Lot Information
Lot Size Acres: 0.21
Zoning Description: R-3
Location
Location Information
Cross Street: Luther
Public facts
Beds: 6
Baths: 3.0
Sq. Ft.: 2,448
Stories: 1.0
Lot Size: 9,148 square feet
Style: Multi-Family (2-4 Unit)
Year Built: 1972
Year Renovated: 1972
County: Tehama County
APN: 031175032000
Home facts updated by county records on Aug 10, 2026
Around this home
Schools
Places
Transit
Jackson Heights Elementary School
Public K-5 • Assigned • 0.5mi
7/10
Vista Preparatory Academy
Public 6-8 • Assigned • 0.6mi
1/10
Red Bluff High School
Public 9-12 • Assigned • 0.9mi
6/10
Provided by GreatSchools
Lifestyle
Provided by Walk Score and Local Logic
Climate risks
1/10 Flood Factor
Minimal risk of a flood reaching the building in the next 30 years
7/10 Fire Factor
25% chance of being in a wildfire in next 30 years
8/10 Heat Factor
6 days above 105° expected this year, 12 days in 30 years
1/10 Wind Factor
Minimal risk of severe winds over next 30 years
10/10 Air Factor
32 unhealthy days expected this year, 34 days in 30 years
Provided by First Street
Historical weather
Red Bluff, CA • 96080
Average low and high temperatures (°F)
62
41
62
44
72
49
74
50
84
59
93
67
94
68
97
68
92
64
79
55
64
46
56
43
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Sun exposure
In this area, properties receive around 13.2 hours in
June and 4.8 hours in December, placing it above the
U.S. average for solar exposure.
13.2 hrs
4.8 hrs
JuneDecember
Provided by Shadowmap
Estimated sale price
$413,000 – $500,000
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