A rare and exceptional opportunity awaits investors seeking the gold standard of multi-family properties in Redding. Ideally situated within a newer neighborhood featuring wide sidewalks, scenic greenbelts, and a community park, this property offers both strong tenant appeal and long-term value.Each unit is thoughtfully designed with generous living spaces, vaulted ceilings, and an open-concept layout that seamlessly connects the kitchen, dining, and living areas. A convenient half-bath is located on the main floor, and every unit includes a private two-car attached garage.Three of the units are approximately 1,083 square feet and feature two spacious bedrooms--each with its own private bathroom--along with large closets and ample storage. The end unit offers approximately 1,153 square feet, with three bedrooms, including a primary suite with a private bath and two additional bedrooms connected by a Jack-and-Jill bathroom.All units are fully occupied, presenting a stable income stream with excellent upside potential through future rent increases.
For sale
Price cut: $2.5K (8/3)
$992,500
1299 Heavenly Oak Ln, Redding, CA 96002
--beds
--baths
--sqft
Multi Family
Built in 2007
-- sqft lot
$960,700 Zestimate®
$--/sqft
$185/mo HOA
What's special
Newer neighborhoodWide sidewalksJack-and-jill bathroomOpen-concept layoutPrivate two-car attached garageGenerous living spacesCommunity park
- 155 days
- 207
- 11
Zillow last checked:
Listing updated:
Listed by:
Will F Ramsdell 530-524-3921,
Realty 110, Inc.
Source: SMLS,MLS#: 26-2309
Facts & features
Interior
Features
- Has basement: No
Property
Features
- Stories: 1
Details
- Parcel number: 068730034000
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Condition
- Year built: 2007
Community & HOA
HOA
- Has HOA: Yes
- HOA fee: $185 monthly
Location
- Region: Redding
Financial & listing details
- Tax assessed value: $517,482
- Date on market: 5/15/2026
Estimated market value
$960,700
$913,000 - $1.01M
$1,994/mo
Price history
| Date | Event | Price |
|---|---|---|
| 8/3/2026 | Price change | $992,500-0.3% |
Source: | ||
| 5/15/2026 | Listed for sale | $995,000+141.5% |
Source: | ||
| 4/10/2013 | Sold | $412,000 |
Source: | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2026 | -- | $517,482 +2% |
| 2025 | $5,618 +1.5% | $507,336 +2% |
| 2024 | $5,533 +1.4% | $497,389 +2% |
| 2023 | $5,456 +2.9% | $487,638 +2% |
| 2022 | $5,302 +3.5% | $478,077 +2% |
| 2021 | $5,122 +0.4% | $468,703 +1% |
| 2020 | $5,100 +0.8% | $463,898 +2% |
| 2019 | $5,059 +1.2% | $454,802 +2% |
| 2018 | $5,001 -1.7% | $445,886 +2% |
| 2017 | $5,090 +6.9% | $437,144 +2% |
| 2016 | $4,761 +1.2% | $428,573 +1.5% |
| 2015 | $4,705 | $422,137 |
Find assessor info on the county website
Monthly payment
Est. payment







