1664 Victor AVE Redding, CA 96002
2 Beds
2 Baths
1,480 SqFt
UPDATED:
Key Details
Property Type Single Family Home
Sub Type Single Family Residence
Listing Status Active
Purchase Type For Sale
Square Footage 1,480 sqft
Price per Sqft $323
MLS Listing ID 26-3529
Bedrooms 2
Full Baths 2
Lot Size 1.350 Acres
Acres 1.35
Property Sub-Type Single Family Residence
Source Shasta Association of REALTORS®
Property Description
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
Location
State CA
County Shasta
Area 1480.0
Direction Victor Ave just North of Hwy 44. Property is on the left hand side.
Interior
Heating Other
Cooling Mini-Split
Heat Source Other
Exterior
Parking Features Gated, Driveway, Attached Carport, Additional Parking, RV Access/Parking, Off Street, Boat
Pool None
View City
Roof Type Composition
Building
Lot Description 2 on a Lot, Level, City Lot
Building Description Wood Siding, Wood Siding
Foundation Slab
Sewer Sewer
Water Well
Structure Type Wood Siding
Others
Senior Community No
Tax ID 071-240-022-000
Acceptable Financing All Cash to Seller, Cash to New Loan
Listing Terms All Cash to Seller, Cash to New Loan