1196 Lancers Lane, Redding, CA 96003
New Listing
$649,000
Property Type:
Residential Income
Status:
Active
Current Price:
$649,000
List Date:
7/11/2026
Last Modified:
7/12/2026
Listing Details MLS# 26-3349
Address Information
- Street Number
- 1196
- Street Name
- Lancers
- Cross Street
- Churn Creek
- Street Suffix
- Lane
- State/Province
- CA
- Postal Code
- 96003
- County
- Shasta
Property Description
- Area
- 02 - NE Redding
- Subdivision
- N/A
- Parcel Number
- 071-034-031
- Lot Dim or Acres
- 12930 sq ft
- GP Zone
- RED 03.5-06 u/a - 03.5-06 dwelling units per acre
- Zoning
- RED - R-4 - Multiple Family Res Dist
- Stories
- Yes
- Year Built
- 1990
- Year Built Desc
- 30+
- Garage Spaces
- 4
- Garage Attached YN
- Yes
- Garage YN
- Yes
- HOA/Association YN
- No
Remarks
- Public Remarks
- Prime Investment Opportunity: Turnkey, Low-Maintenance Fourplex Centrally located with exceptional access to premier shopping, dining, and local amenities, this well-maintained fourplex offers an outstanding addition to any investment portfolio. Each of the four expansive, 1,200-square-foot units features a highly desirable 2-bedroom, 1.5-bathroom layout designed for comfortable modern living. Attached garages provide tenants with highly sought-after privacy, security, and additional storage. The property is engineered for low-overhead management, boasting a durable stucco exterior, a recently replaced roof, and a low-maintenance yard that minimizes ongoing upkeep costs. Enjoy immediate, reliable cash flow with strong tenant history: the building is fully occupied, featuring a stable mix of two long-term residents and two recently executed newer leases. Generating $63,000 in annual gross rental income, this asset represents a secure, high-performing investment in a high-demand rental market.
- Directions
- Churn Creek to Lancers east to property.
Contract Information
- Listing Contract Date
- 2026-07-10
How to Show
- SH Sntrilck Bluetooth
- No
- LBX Notice in Doc's
- No
Parking
- # Attached Garage
- 4
- Total Spaces
- 4
- Off Street
- Yes
- Shared Driveway
- Yes
- # Detached Garage
- 0
- # Attached Carport
- 0
- # Detached Carport
- 0
More Information
Kitchen
- Fuel Source
- Natural Gas
- Dishwasher
- Yes
- Range/Oven
- Yes
Heating
- Gas
- Natural
- Forced Air
- Yes
Unit 1
- Unit #
- Yes
- # Bedrooms
- 2
- # Baths
- 1.5
- Rent
- 1525
- Deposit
- 1525
- SqFt
- 1200
Unit 2
- Unit #
- 2
- # Bedrooms
- 2
- # Baths
- 1.5
- Rent
- 1525
- Deposit
- 1525
- SqFt
- 1200
Unit 3
- Unit #
- 3
- # Bedrooms
- 2
- # Baths
- 1.5
- Rent
- 1100
- Deposit
- 1125
- SqFt
- 1200
- Remarks
- tenant since 2018
Unit 4
- Unit #
- 4
- # Bedrooms
- 2
- # Baths
- 1.5
- Rent
- 1100
- Deposit
- 1675
- SqFt
- 1200
- Remarks
- tenant since 2019
Unit Type
- Four Plex
- Yes
Exterior
- Stucco
- Yes
Unit Description
- 2 Bedroom
- Yes
Miscellaneous
- Smoke Detectors
- Yes
All Units Include
- Air Conditioner
- Yes
Some Units Include
- Balcony/Deck
- Yes
Ownership
- Seller
- Yes
Cooling
- Central
- Yes
Available Terms
- All Cash to Seller
- Yes
- Cash
- Yes
- Cash to New Loan
- Yes
Possession
- Close of Escrow
- Yes
Financial Info
- 1st Balance Amount
- 0
Tenant Expenses
- Cable
- Yes
- Electric
- Yes
- Garbage
- Yes
- Gas
- Yes
- Water
- Yes
Property Features
Unit Type:
Four Plex
Exterior:
Stucco
Parking:
Off Street; Shared Driveway
Unit Description:
2 Bedroom
Kitchen:
Dishwasher; Range/Oven
All Units Include:
Air Conditioner
Some Units Include:
Balcony/Deck
Heating:
Forced Air
Cooling:
Central
Miscellaneous:
Smoke Detectors
Ownership:
Seller
Tenant Expenses:
Cable; Electric; Garbage; Gas; Water
Available Terms:
All Cash to Seller; Cash; Cash to New Loan
Possession:
Close of Escrow
IDX
Listing Office:
Kirkland Real Estate Partners
Last Updated: July - 12 - 2026
Information deemed reliable but not guaranteed.