Rare RM-15 Infill Development Opportunity on 1.35 Acres! Bring your vision and unlock the incredible potential this unique property has to offer.
Situated in one of Redding's growth corridors, this RM-15 zoned parcel is surrounded by established, multi family developments and offers exceptional long-term investment possibilities.
The property features two existing improvements. The main residence was originally a 3 bedroom, 2 bath home of approximately 1,480 square feet and has been reconfigured into a spacious 2 bedroom layout by expanding the primary suite. The second structure was originally a 1 bedroom, 1 bath home with an attached two car garage. It has been taken down to the studs and is currently utilized as a large shop, offering excellent storage or workspace while future plans are developed.
Whether you choose to renovate the existing improvements for interim rental income, hold as an investment, or pursue future development, the possibilities are substantial. The true value lies in the land, location, and RM-15 zoning. Rare RM-15 Infill Development Opportunity on 1.35 Acres! Bring your vision and unlock the incredible potential this unique property has to offer. Situated in one of Redding's desirable growth corridors, this RM-15 zoned parcel is surrounded by established, high-quality multifamily developments and offers exceptional long-term investment possibilities.
The property features two existing improvements. The main residence was originally a 3 bedroom, 2 bath home of approximately 1,480 square feet and has been reconfigured into a spacious 2 bedroom layout by expanding the primary suite. Flooring remains incomplete, providing the opportunity to finish and customize to your needs. The second structure was originally a 1 bedroom, 1 bath home with an attached two car garage. It has been taken down to the studs and is currently utilized as a large shop, offering excellent storage or workspace while future plans are developed.
Whether you choose to renovate the existing improvements for interim rental income, hold as an investment, or pursue future development, the possibilities are substantial. The true value lies in the land, location, and RM-15 zoning. Buyer to verify permitted uses, allowable density, development potential, and all building requirements with the City of Redding.
Conveniently located just minutes from Highway 44, downtown Redding, sho
Conveniently located just minutes from Highway 44, downtown Redding, sho
For sale
$479,000
1664 Victor Ave, Redding, CA 96003
2beds
1,480sqft
Single Family Residence
Built in ----
1.35 Acres Lot
$463,200 Zestimate®
$324/sqft
$-- HOA
What's special
- 76 days
- 118
- 3
Zillow last checked:
Listing updated:
Listed by:
Bridgett R Lindsay 530-276-5058,
LPT Realty, Inc.
Source: SMLS,MLS#: 26-3529
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 2
- Bathrooms: 2
- Full bathrooms: 2
Heating
- Other
Cooling
- Mini-Split
Features
- Has basement: No
Interior area
- Total structure area: 1,480
- Total interior livable area: 1,480 sqft
Property
Parking
- Parking features: Off Street, Boat
- Has carport: Yes
Features
- Levels: One
- Pool features: None
- Has view: Yes
- View description: City
Lot
- Size: 1.35 Acres
- Features: 2 on a Lot, Level, City Lot
Details
- Parcel number: 071240022000
Construction
Type & style
- Home type: SingleFamily
- Property subtype: Single Family Residence
Materials
- Wood Siding
- Foundation: Slab
- Roof: Composition
Utilities & green energy
- Electric: Public
- Sewer: Sewer
- Water: Well
Community & HOA
HOA
- Has HOA: No
Location
- Region: Redding
Financial & listing details
- Price per square foot: $324/sqft
- Tax assessed value: $287,413
- Date on market: 7/24/2026
- Listing terms: Cash
- Electric utility on property: Yes
- Road surface type: Asphalt
Estimated market value
$463,200
$440,000 - $486,000
$2,036/mo
Price history
| Date | Event | Price |
|---|---|---|
| 7/24/2026 | Listed for sale | $479,000-4.2%$324/sqft |
Source: | ||
| 6/5/2026 | Listing removed | $500,000$338/sqft |
Source: eXp Realty #25-86 Report a problem | ||
| 2/9/2026 | Price change | $500,000-4.8%$338/sqft |
Source: eXp Realty #25-86 Report a problem | ||
| 12/24/2025 | Listed for sale | $525,000+275%$355/sqft |
Source: eXp Realty #25-86 Report a problem | ||
| 10/26/2000 | Sold | $140,000$95/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2026 | -- | $287,413 +1.9% |
| 2025 | $3,053 +1.6% | $281,998 +2% |
| 2024 | $3,005 +1.4% | $276,361 +2% |
| 2023 | $2,963 +3.2% | $271,073 +2.3% |
| 2022 | $2,870 +5.4% | $265,025 +3.8% |
| 2021 | $2,722 +0.5% | $255,241 +1% |
| 2020 | $2,710 +0.9% | $252,625 +2% |
| 2019 | $2,687 +1.2% | $247,673 +2% |
| 2018 | $2,655 -1.7% | $242,818 +2% |
| 2017 | $2,700 +6.9% | $238,058 +2% |
| 2016 | $2,525 +0.9% | $233,391 +1.5% |
| 2015 | $2,503 | $229,886 |
Find assessor info on the county website
Monthly payment
Est. payment





