2230 El Reno Lane, Redding, CA 96001
Local realty services provided by:CENTURY 21 Epic
2230 El Reno Lane,Redding, CA 96001
$1,050,000
- - Beds
- - Baths
- - sq. ft.
- Multi-family
- Active
Listed by: nick kerley, kimberly a moore
Office: realty 110, inc.
MLS#:26-854
Source:CA_SAR
Price summary
- Price:$1,050,000
About this home
Excellent opportunity to acquire a high-performing residential income property featuring 8 detached homes on one parcel. The El Reno Cottages are currently fully occupied and generating over $99,000 in gross annual income, providing a 7.06% CAP rate with strong, consistent cash flow.
The property has undergone extensive recent improvements, making it a desirable low-maintenance investment. Updates include newer roofs, updated siding on several units, fresh exterior paint, upgraded interiors, and dual-pane windows. The homes are well maintained and designed for long-term durability while helping keep operating expenses manageable.
Each unit offers tenants the privacy and appeal of separate homes rather than traditional apartment units, which has helped support stable occupancy and tenant retention. The property also features low-maintenance landscaping, further reducing ongoing landlord responsibilities.
Located in a convenient area with quick access to shopping, schools, parks, and transportation, the property continues to attract steady rental demand.
Opportunities to own multiple standalone homes producing strong income on a single parcel are rare, making this a compelling option for investors seeking stable returns and long-term rental demand.
Contact an agent
Home facts
- Year built:1945
- Listing ID #:26-854
- Added:1 day(s) ago
- Updated:March 05, 2026 at 02:47 AM
Heating and cooling
- Cooling:Evaporative, Heat Pump, Window
Structure and exterior
- Year built:1945
Finances and disclosures
- Price:$1,050,000
New listings near 2230 El Reno Lane
- New
$415,000Active3 beds 2 baths1,400 sq. ft.8003 Narrows Way, Redding, CA 96001
MLS# 26-855Listed by: SHASTA LIVING REAL ESTATE - New
$389,000Active4 beds 3 baths2,050 sq. ft.2340 Wilsey Drive, Redding, CA 96001
MLS# 26-853Listed by: TREG INC - THE REAL ESTATE GROUP - New
$429,000Active3 beds 2 baths1,720 sq. ft.20340 Gibson Court, Redding, CA 96002
MLS# 26-850Listed by: LPT REALTY, INC. - New
$160,000Active2.11 Acres10049 Tilton Mine Road, Redding, CA 96001
MLS# 26-847Listed by: WATERMAN REAL ESTATE - Open Sat, 11am to 2pmNew
$599,990Active4 beds 3 baths2,694 sq. ft.19767 Paso Robles Avenue, Redding, CA 96003
MLS# 26-845Listed by: NORTHSTATE REAL ESTATE PROFESSIONALS - New
$199,000Active3 beds 2 baths1,170 sq. ft.852 Lake Boulevard, Redding, CA 96003
MLS# 26-844Listed by: BANNER REAL ESTATE - New
$609,900Active4 beds 3 baths2,659 sq. ft.751 Woodacre Drive, Redding, CA 96002
MLS# 26-841Listed by: REALTY ONE GROUP COMPLETE - New
$479,900Active4 beds 2 baths2,208 sq. ft.4065 Meander Drive, Redding, CA 96001
MLS# 26-830Listed by: NORTH STATE REALTORS, INC. - New
$245,000Active3 beds 2 baths1,287 sq. ft.1400 Riviera Drive, Redding, CA 96001
MLS# 26-832Listed by: EXP REALTY OF CALIFORNIA, INC.