1553 Riverside Dr

8
Baths
Sq. Ft.
/ Sq. Ft.
Sq. Ft.
per Sq. Ft.

Description

Incredible multi-family investment opportunity in the heart of Redding! Located directly across from the scenic Sacramento River, 1553 Riverside Drive is an 8-unit multi-family community boasting an exceptional rental history and an unbeatable location. Tenants enjoy effortless access to the Sacramento River Trail system, Caldwell Park, and the vibrant, revitalized Downtown Redding district for shopping and dining. The property features a highly rentable mix of units, on-site laundry facilities,...Incredible multi-family investment opportunity in the heart of Redding! Located directly across from the scenic Sacramento River, 1553 Riverside Drive is an 8-unit multi-family community boasting an exceptional rental history and an unbeatable location. Tenants enjoy effortless access to the Sacramento River Trail system, Caldwell Park, and the vibrant, revitalized Downtown Redding district for shopping and dining. The property features a highly rentable mix of units, on-site laundry facilities, and off-street parking. With strong historical occupancy, low maintenance demands, and clear upside potential in a high-demand rental market, this asset is a powerhouse addition to any real estate portfolio. Do not miss this rare chance to own a prominent multi-family community in a premier location!
  1. Listed by Eric R Huber • DRE #01523116 • Brokerage DRE #01888599 • Property Upsurge, Inc.
    C: (925)-852-9740 eric@propertyupsurge.com

Property Details for 1553 Riverside Drive

Subdivision Name
N/A
LISTING UPDATED: 06/17/2026 09:09 AM

Property Details for 1553 Riverside Drive

StatusActive
MLS #26-2927
Days on Compass2
Taxes-
HOA Fees-
Condo/Co-op Fees-
Property TypeMulti Family
MLS TypeResidential Income
Year Built1963
Lot Size-
CountyShasta County

Location

Listing Courtesy of Property Upsurge, Inc., Eric R Huber, DRE #01523116
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Building Information for 1553 Riverside Drive

Stories1Residences8Year Built1963Building Size-Lot Size-

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Property Information for 1553 Riverside Drive

Summary
Location and General Information
  • Cross Street: S. Market St.
  • M L SArea Major: 01 - NW Redding
  • Remarks : Directions: South Market St to Riverside Drive.
  • Address Info : City: Redding
  • State Or Province: CA
  • Postal Code: 96001
  • County Or Parish: Shasta
  • Latitude: 40.5901
  • Longitude: -122.395946
  • Property Description : Zoning: NOT AVAILABLE
  • Address Information : Cross Street2: S. Market St.
Parking
  • Parking : # Spaces Carport: 3
  • Parking : # Spaces Garage: 0
Taxes and HOA Information
  • Association Fee: $.00
  • Parcel Number: 101-510-017-000
Virtual Tour
Property
Property and Assessments
  • Approval Status: Yes
  • Ownership: Seller
  • Property Description : Year Built Desc: 01-05 Years
Interior and Exterior Features
Exterior Features
  • Exterior : Wood3: Yes
  • Construction Materials: Wood
Interior Features
  • Cooling: Window
  • Stories: 1
  • Total Bathrooms Source: MLS
  • Bathrooms Total Integer: 0
  • Bathrooms Total Decimal: 0.0
  • Bathrooms Total Notational: 0.0
  • Cooling: Yes
  • Property Description : Stories2: 1
  • Heating : Furnace Wall: Yes
  • Cooling : Window: Yes
  • Some Units Include : Balcony Deck2: Yes
  • Miscellaneous : Laundry in Complex2: Yes
Multi Family
Multi Family Information
  • Number Of Units Total: 8
  • Unit Description : 1 Bedroom: Yes
  • Unit Description : 2 Bedroom: Yes
  • Unit Type : 5 or More: Yes
Unit Information
  • Unit 1 : Furnished6: Unfurnished
  • Unit 2 : Furnished5: Unfurnished
  • Unit 3 : Furnished4: Unfurnished
  • Unit 4 : Furnished3: Unfurnished
  • Unit 5 : Furnished2: Unfurnished
  • Unit 7 : Furnished8: Unfurnished
  • Unit 8 : Furnished7: Unfurnished
Unit 1
  • Total Beds: 2
  • Total Baths: 1
  • Actual Rent: 1195.00
  • SQFT: 680
  • Lease: Mon To Mon
  • Furnished: Unfurnished
  • Stories: 1
Unit 2
  • Total Beds: 1
  • Total Baths: 1
  • Actual Rent: 1095.00
  • SQFT: 570
  • Lease: Mon To Mon
  • Stories: 1
Unit 3
  • Total Beds: 2
  • Total Baths: 1
  • Actual Rent: 1245.00
  • SQFT: 651
  • Lease: Mon To Mon
  • Stories: 1
Unit 4
  • Total Beds: 1
  • Total Baths: 1
  • Actual Rent: 1095.00
  • Lease: Mon To Mon
  • Stories: 1
Unit 5
  • Total Beds: 2
  • Total Baths: 1.0
  • Actual Rent: 1195.00
  • SQFT: 686
  • Lease: 1 Year
  • Stories: 1
Unit 6
  • Total Beds: 1
  • Total Baths: 1.0
  • Actual Rent: 1095.00
  • SQFT: 500
  • Lease: Mon To Mon
  • Stories: 1
Unit 7
  • Total Beds: 2
  • Total Baths: 1
  • Actual Rent: 1295.00
  • SQFT: 989
  • Lease: Mon To Mon
  • Stories: 1
Unit 8
  • Total Beds: 1
  • Total Baths: 1
  • Actual Rent: 1071.00
  • Lease: Mon To Mon
  • Stories: 1
Rental
Rental Information
  • Ownership : Seller2: Yes
  • Existing Rntl Terms : Lease2: 1
  • Existing Rntl Terms : Month to Month: Yes

Property History for 1553 Riverside Drive

DateEvent & SourcePriceAppreciation
Jun 16, 2026

Listed (Active)

Shasta Association of REALTORS #26-2927

$1,000,000
Jan 3, 2020

Sold

Shasta Association of REALTORS #19-6436

$675,000
Jan 3, 2020

Pending

Shasta Association of REALTORS #19-6436

DateEvent & SourcePrice
06/16/2026

Listed (Active)

Shasta Association of REALTORS #26-2927

$1,000,000
01/03/2020

Sold

Shasta Association of REALTORS #19-6436

$675,000
01/03/2020

Pending

Shasta Association of REALTORS #19-6436

For completeness, we often displays two records for one sale: the MLS record and the public record.

Schools near 1553 Riverside Drive

This home is within Redding Elementary School District.
Rating
School
Type
Grades
Distance
Public - K to 5
Public - 4 to 8
Public - 9 to 12
Charter - 6 to 12
Rating
School
Distance
Manzanita Elementary School
PublicK to 5

Sequoia Middle School
Public4 to 8

Shasta High School
Public9 to 12

University Preparatory School
Charter6 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Similar Homes

1553 Riverside Drive is a multi-family home for sale in Redding, CA 96001. This property was listed for sale on June 16, 2026 by Property Upsurge, Inc., it's currently listed at $1,000,000. It has been on the market for a total of 2 days and was last sold on January 3, 2020. This listing's school districts are Redding Elementary School District, Shasta Union High School District. Nearby schools include Manzanita Elementary School, Sequoia Middle School and Shasta High School. 1553 Riverside Drive is a 12-bed, 8-bath, multi-family home built in 1963.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of any information, descriptions or measurements (including square footage measurements and property condition), such should be independently verified through appropriate means, including, but not limited to, in person inspection and public records, and Compass International Holdings, its subsidiaries, affiliates and independently owned and operated franchisees, and their affiliated agents and associated third parties expressly disclaim any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the seller's discretion. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Property Upsurge, Inc., Eric R Huber, DRE #01523116

Based on information from one of the following Multiple Listing Services: San Francisco Association of Realtors, the MLSListings MLS, the BAREIS MLS, the EBRD MLS, Shasta Association of REALTORS® Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by San Francisco Association of Realtors, the MLSListings MLS, the BAREIS MLS, the EBRD MLS, Shasta Association of REALTORS® is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.