For sale

$1,000,000

Est. $6,405/mo —

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•

— ba

•

—

sq ft

1553 Riverside Dr, Redding, CA 96001

About this home

Incredible multi-family investment opportunity in the heart of Redding! Located directly across from the scenic Sacramento River, 1553 Riverside Drive is an 8-unit multi-family community boasting an exceptional rental history and an unbeatable location. Tenants enjoy effortless access to the Sacramento River Trail system, Caldwell Park, and the vibrant, revitalized Downtown Redding district for shopping and dining. The property features a highly rentable mix of units, on-site laundry facilities, and off-street parking. With strong historical occupancy, low maintenance demands, and clear upside potential in a high-demand rental market, this asset is a powerhouse addition to any real estate portfolio. Do not miss this rare chance to own a prominent multi-family community in a premier location!

Multi-familyProperty Type

1963Year Built

Listed by Eric Huber •DRE #01523116 • Property Upsurge, Inc.

Listing updated: Jul 11, 2026 at 02:21pm

Redfin checked: 3 minutes ago

•Source:SAOR #26-2927

Payment calculator

$6,405 per month

Principal and interest$5,255

Property taxes

$925

HOA dues

Home insurance

$225

Utilities

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Open houses

No upcoming open houses.

Nearby open houses (10)

OPEN TODAY, 4PM TO 6PM3D WALKTHROUGH
$575,000
4 beds3 baths2,328 sq ft
650 Mill Valley Pkwy, Redding, CA 96003
OPEN TODAY, 5PM TO 7PM
$579,900
3 beds2 baths1,826 sq ft
3140 Copper Creek Dr, Redding, CA 96002
OPEN SAT, 10AM TO 3PM
$499,500
4 beds3.5 baths2,335 sq ft
3235 Stratford Ave, Redding, CA 96001
OPEN SAT, 10AM TO 12PM
$699,000
4 beds2.5 baths2,599 sq ft
2440 Crescent Moon Ct, Redding, CA 96001
OPEN SAT, 11AM TO 1PM
$599,900
3 beds2.5 baths2,208 sq ft
3577 Laver St, Redding, CA 96002
OPEN SAT, 11AM TO 1PM
$365,000
3 beds2 baths1,308 sq ft
2225 Shenandoah Dr, Anderson, CA 96007
OPEN SAT, 11AM TO 1PM
$675,000
4 beds2.5 baths2,631 sq ft
20369 Greenview Dr, Redding, CA 96002
OPEN SAT, 11AM TO 1PM
$319,000
3 beds2 baths1,032 sq ft
2115 Phobos Ct, Redding, CA 96002
OPEN SAT, 12PM TO 2PM
$649,900
3 beds2.5 baths2,288 sq ft
22355 Golftime Dr, Palo Cedro, CA 96073
OPEN SAT, 12PM TO 3PM
$669,000
4 beds2 baths2,136 sq ft
2248 Drexel Way, Redding, CA 96001

Around this home

Schools

K - 12
Preschool & daycare

Sequoia Middle School

Public 4-8 • Assigned • 0.9mi

5/10

Shasta High School

Public 9-12 • Assigned • 0.8mi

9/10

Provided by GreatSchools

About Downtown

Redding

Downtown Redding, located between the Sacramento River and Cypress Avenue, is a historic and civic Redding neighborhood with a walkable grid and riverfront views. The neighborhood’s character concentrates around Market Street at California Street, where brick storefronts, patios, and late-day foot traffic cluster near galleries, coffee counters, and small bars. The Cascade Theatre and the Redding Civic Auditorium anchor the cultural calendar, while the Redding Farmers Market brings seasonal color to the streetscape. Early-20th-century commercial blocks mix with midcentury civic buildings and newer infill. The Sacramento River Trail and Turtle Bay’s grounds shape an outdoors-forward routine. Sundial Bridge frames the skyline with a clean, modern line.

Provided by Walk Score and Local Logic

Property details

Interior
Exterior
Finance

Interior features
Wall furnace heating
Has central cooling

Heating & cooling
Wall furnace
Cooling present

Sale and tax history for 1553 Riverside Dr

Sale History
Tax History

Date

Event

Price

SAOR #26-2927

Jun 17, 2026

Listed

$1,000,000

RENTALBEAST #7

Dec 15, 2025

Rental Removed

$1,250

Oct 21, 2025

Listed for Rent

$1,250

LEASESTAR #1

Jul 11, 2025

Rental Removed

$1,195

May 21, 2025

Price Changed

$1,195

Apr 24, 2025

Listed for Rent

$1,250

Mar 14, 2024

Rental Removed

$1,095

Mar 1, 2024

Listed for Rent

$1,095

Jan 4, 2024

Rental Removed

$1,095

Oct 18, 2023

Price Changed

$1,150

Oct 6, 2023

Price Changed

$1,195

Sep 20, 2023

Price Changed

$1,250

Aug 30, 2023

Listed for Rent

$1,295

Aug 22, 2023

Rental Removed

$1,295

Aug 20, 2023

Listed for Rent

$1,295

LEASESTAR #6

Mar 1, 2025

Rental Removed

$995

Feb 28, 2025

Listed for Rent

$995

LEASESTAR #5

Feb 11, 2025

Rental Removed

$1,295

Feb 11, 2025

Listed for Rent

$1,295

RENTALBEAST #4

Dec 17, 2024

Rental Removed

$1,095

Dec 12, 2024

Listed for Rent

$1,095

LEASESTAR #3

Dec 11, 2024

Rental Removed

$1,095

Dec 11, 2024

Listed for Rent

$1,095

LEASESTAR #2

Aug 17, 2024

Rental Removed

$1,095

Aug 1, 2024

Listed for Rent

$1,095

Jan 4, 2024

Rental Removed

$1,095

Jan 4, 2024

Listed for Rent

$1,095

SAOR #19-6436

Jan 3, 2020

Sold

$675,000

Jan 2, 2020

Listed

$675,000

Public record

Public record
Zoning

Beds

—

Baths

—

Stories

—

Lot width

—

Lot depth

—

Lot size

—

Year renovated

—

Finished Sq. Ft.

—

Unfinished Sq. Ft.

—

Total Sq. Ft.

—

Year built

—

Style

Multi-Family (2-4 Unit)

County

Shasta County

APN

101-510-017-000

Parking Spaces

—

Basement

—

Accessible

—

HOA Dues

—

Garage

—

Features

—

Last updated by owner on May 26, 2023.

RM 20

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

Climate risks

1/10 Flood Factor

Minimal risk of a flood reaching the building in the next 30 years

4/10 Fire Factor

3% chance of being in a wildfire in next 30 years

8/10 Heat Factor

7 days above 105° expected this year, 17 days in 30 years

1/10 Wind Factor

Minimal risk of severe winds over next 30 years

10/10 Air Factor

37 unhealthy days expected this year, 40 days in 30 years

Provided by First Street

Historical weather

Redding, CA • 96001

Average low and high temperatures (°F)

100

Jan

Feb

Mar

Apr

May

Jun

Jul

Aug

Sep

Oct

Nov

Dec

Sun exposure

92/ 100

Exceptional sunlight

Sunscore

There appears to be minimal shading by surrounding buildings, terrain, and vegetation.

11 hrs

6 hrs

JuneDecember

Provided by Shadowmap

Redfin Estimate for 1553 Riverside Dr

There isn’t enough information to generate an accurate estimate at this time. Learn More

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Details provided by SAOR and may not match the public record. Learn more.

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GreatSchools Ratings provided by GreatSchools.org.

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About this home

Payment calculator

Mortgage resources

See this home in person

Nearby open houses (10)

Around this home

Schools

Property details

Sale and tax history for 1553 Riverside Dr

Public record

Climate risks

Historical weather

Sun exposure

Redfin Estimate for 1553 Riverside Dr

Early Access listings

Nearby similar homes

New listings for sale in 96001

More real estate resources