* * Investment Opportunity in Red Bluff, CA! * * Welcome to 1144 Franzel Road, where opportunity knocks for savvy investors! This charming Four-Plex boasts four units, each offering 824 square feet of comfortable living space. With 2 bedrooms and 1 bathroom per unit, it's an ideal setup for tenants seeking cozy accommodations. Situated in Red Bluff, CA, this property enjoys a prime location, offering convenience and accessibility to local amenities and attractions. Whether you're a seasoned investor looking to expand your portfolio or a newcomer eager to step into the real estate market, this property presents a promising opportunity. Currently, all units are fully rented, ensuring immediate returns on your investment. Don't miss your chance to capitalize on this excellent income-generating asset in a thriving rental market. Schedule a viewing today and unlock the potential of 1144 Franzel Road!
Multi-familyProperty Type
1972Year Built
7,405 sq ftLot Size
4 spacesParking
Listed by Mike Gonzalez•DRE #01466329• Coldwell Banker C & C Properties - Red Bluff
Bought with OUT OF AREA NON MEMBER• Out Of Area Office
Welcome to 1144-1155 Franzel Road in Red Bluff. Situated within a cul-de-sac, within an established subdivision, this Four Plex offers an opportunity for a savvy investor or owner occupant. Each unit offers 2/1 bath with a large family room and dining area. The units will require some renovation, but will likely be worth the investment. Centrally located, the building has a long history of successful rental income. A must see. Eligible for Freddie Mac's First Look. See www. homesteps.com for details or contact the Listing Agent.
Year
Property tax
Land + Additions
Assessment*
2025
$4,107 (+139.2%)
$61,200 + $341,700
$402,900
2024
$1,717 (+1.7%)
$60,000 + $335,000
$395,000
2023
$1,688 (+0.7%)
$41,235 + $123,716
$164,951
2022
$1,677 (+4.2%)
$40,427 + $121,291
$161,718
2021
$1,610 (−2.0%)
$39,635 + $118,913
$158,548
2020
$1,643 (−0.6%)
$38,858 + $116,582
$155,440
2019
$1,653 (+8.1%)
$38,460 + $115,387
$153,847
2018
$1,529 (−0.9%)
$37,706 + $113,125
$150,831
2017
$1,543 (+7.1%)
$36,243 + $108,733
$144,976
2016
$1,441 (+1.6%)
$36,243 + $108,733
$144,976
2015
$1,419 (−5.8%)
$35,533 + $106,601
$142,134
2014
$1,507
$35,000 + $113,000
$148,000
Tax history for 1144 Franzel Rd
Year
Property tax
Land + Additions
Assessment*
2025
$4,107 (+139.2%)
$61,200 + $341,700
$402,900
2024
$1,717 (+1.7%)
$60,000 + $335,000
$395,000
2023
$1,688 (+0.7%)
$41,235 + $123,716
$164,951
2022
$1,677 (+4.2%)
$40,427 + $121,291
$161,718
2021
$1,610 (−2.0%)
$39,635 + $118,913
$158,548
2020
$1,643 (−0.6%)
$38,858 + $116,582
$155,440
2019
$1,653 (+8.1%)
$38,460 + $115,387
$153,847
2018
$1,529 (−0.9%)
$37,706 + $113,125
$150,831
2017
$1,543 (+7.1%)
$36,243 + $108,733
$144,976
2016
$1,441 (+1.6%)
$36,243 + $108,733
$144,976
2015
$1,419 (−5.8%)
$35,533 + $106,601
$142,134
2014
$1,507
$35,000 + $113,000
$148,000
*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
8
Baths
4
Stories
2
Lot width
—
Lot depth
—
Lot size
7,405 Sq. Ft.
Year renovated
1972
Sq. Ft.
3,298
Year built
1972
Style
Multi-Family (2-4 Unit)
County
Tehama County
APN
031175030000
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
Oct 21, 2019 • Final
B
Install a roof overlay 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.
Property details
Parking
Parking/Garage Information
# of Open Parking Spaces: 4
Parking Features: See Remarks
Interior
Heating & Cooling
Has Cooling
Cooling: Central Air
Interior Features
Appliances: Dishwasher, Disposal
Fireplace Features: See Remarks
Room Information
Basement Details: None
Unit Type 1 Information
# of Bedrooms: 2
# of Bathrooms: 1
Sq.Ft. Total: 824
Actual Rent: $850
Unit Type 2 Information
# of Bedrooms: 2
# of Bathrooms: 1
Sq.Ft. Total: 824
Actual Rent: $850
Unit Type 3 Information
# of Bedrooms: 2
# of Bathrooms: 1
Sq.Ft. Total: 824
Actual Rent: $850
Exterior
Exterior Features
Exterior Features: None
Fencing: See Remarks
Roof: Composition
Building Information
Construction Materials: See Remarks
Foundation Details: See Remarks
Property Information
Property Type: Residential Income
Property Sub Type: Quadruplex
Raw Mls Property Sub Type: Quadruplex
Lot Information
Lot Features: Cul-De-Sac
Lot Size Acres: 0.17
Zoning Description: R-3
Utilities
Utility Information
Utilities: See Remarks
Sewer: Public Sewer
Location
Location Information
Cross Street: Luther
Public facts
Beds: 8
Baths: 4.0
Sq. Ft.: 3,298
Stories: 2.0
Lot Size: 7,405 square feet
Style: Multi-Family (2-4 Unit)
Year Built: 1972
Year Renovated: 1972
County: Tehama County
APN: 031175030000
Home facts updated by county records on Aug 10, 2026
Around this home
Schools
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
5 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
$474,000 – $573,000
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