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1849 Parallel, Shasta Lake, CA 96019
$499,900
1849 Parallel
Shasta Lake, CA 96019 $499,900
1849 Parallel
Shasta Lake, CA 96019
Excellent investment opportunity with strong cash flow, significant recent upgrades, and upside potential. This well-maintained fourplex features a desirable unit mix of two 2-bedroom, 1-bath units and two 1-bedroom, 1-bath units, currently generating $3,725 per month in rental income. Current rents are believed to be below market, offering investors the opportunity to increase income over time while benefiting from an established tenant base that includes several long-term tenants.Major capital improvements help keep maintenance costs low, including a new roof installed in 2025, two new HVAC systems installed in 2025 and 2026, and one unit that was completely remodeled in 2023. Additional a... Read More
Price$499,900
Year Built1980 Listing TypeResidential Income
Area31 - Shasta Lake City
MLS Listing ID26-2773 Published Date6/9/2026 4:03:00 PM 13 days ago Listing Modified6/9/2026 4:03:00 PM 13 days ago
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