Investment opportunity in northeast Redding! This property features two fourplex buildings for a total of eight units. Seven units are currently occupied and one is vacant, offering the chance to tour a unit or potentially owner-occupy. Each 924 sq. ft. unit includes 2 bedrooms, 1 full bathroom upstairs, and a convenient half bath downstairs. Each unit also features its own fenced backyard. Additional amenities include a shared laundry facility and 13 on-site parking spaces. The property was remodeled a few years ago and features a newer roof. Add this well-established multifamily property to your portfolio today!
Multi-familyProperty Type
1978Year Built
Listed by Matt Metz•DRE #01907651• Josh Barker Real Estate
Sulphur Creek Hill, located between Downtown Redding and the Sacramento River corridor, is a hillside and residential Redding neighborhood with winding streets and canyon-edge views. The neighborhood’s character concentrates around the Parkview Ave and Buenaventura Blvd area, where everyday errands meet a steady flow of cyclists and walkers. Mid-century ranch homes and newer rebuilds share lots shaded by oaks, with pockets of steep driveways and terraced yards. Trail culture shows up in the background, with the Sacramento River Trail and nearby river crossings shaping weekend routines. The Sundial Bridge and Turtle Bay Exploration Park add a civic, design-forward note close by. Whiskeytown Lake and its trailheads sit just west, pulling the landscape into daily life.
Provided by Walk Score and Local Logic
Market insights
150 & 170 Masonic Ave · $1,425,000
SALE-TO-LIST
101.6%
Most homes are selling 2% above list price.
LIST PRICE
$1,425,000
Median list price in this area is $1,133,007. (20% lower than this home)
PRICE DROP
0 price drops
27% of homes in this area have had a price drop in the past month.
Directions: From central Redding take Hilltop Drive north. Turn left onto CA-299 W. Continue straight onto Lake Blvd. Turn left onto Masonic Ave. The property will be on the right.
Electricity and solar
View estimated energy costs and solar savings for this home
To maintain areas on arterial streets, near interchanges, and in existing commercial strips for commercial uses. Certain general commercial areas are identified for visitor and retail uses on the zoning map to assist in achieving the policies of the general plan.
Permitted uses
Include but are not limited to:
Religious facility
Day care facility
General retail
Restaurant
Lodging & hospitality
Office
Medical office
Research & development
Educational/school
Police station
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 106° expected this year, 16 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 • 96003
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Sun exposure
Try the sun simulator tool to see how light moves across the property at different times of day and year.
Provided by Shadowmap
Redfin Estimate for 150 & 170 Masonic Ave
$1,383,485
$42K under list price of $1.43M
Nearby comparable homes
The Redfin Estimate uses 6 recent nearby sales, priced between $370K to $635K.