1801 Parallel St

4
Baths
Sq. Ft.
/ Sq. Ft.
Sq. Ft.
per Sq. Ft.

Description

Great investment opportunity in Shasta Lake City! This single-story fourplex features three 1-bedroom/1-bath units and one 2-bedroom/1-bath unit. The 2/1 unit has been recently updated and offers a larger private yard and additional storage area. Units 1-3 have central heat, while unit 4 has an energy-efficient mini split system. Tenants pay their own electric, keeping operating expenses lower for the owner. Each unit includes a small private backyard area, adding to tenant appeal. The property has...Great investment opportunity in Shasta Lake City! This single-story fourplex features three 1-bedroom/1-bath units and one 2-bedroom/1-bath unit. The 2/1 unit has been recently updated and offers a larger private yard and additional storage area. Units 1-3 have central heat, while unit 4 has an energy-efficient mini split system. Tenants pay their own electric, keeping operating expenses lower for the owner. Each unit includes a small private backyard area, adding to tenant appeal. The property has a strong history of stable, long-term tenants and features a brand new composition roof installed in 2024, a major recent capital improvement. Interiors are clean and well maintained, providing a solid rental base with opportunity for future cosmetic updates. Street parking available. No pets per current rental terms. Solid income property with upside potential and opportunity for future rent growth in a convenient Shasta Lake City location.
  1. Listed by Shelby Murtha • DRE #02193783 • Brokerage DRE #01331844 • Coldwell Banker Select Real Estate - Redding
    C: (530)-515-2520 shelby.murtha@cbselectre.com

Property Details for 1801 Parallel Street

Subdivision Name
N/A
LISTING UPDATED: 03/15/2026 11:50 AM

Property Details for 1801 Parallel Street

StatusActive
MLS #26-852
Days on Compass25
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income / Residential Income
Year Built1979
Lot Size-
CountyShasta County

Location

Listing Courtesy of Coldwell Banker Select Real Estate - Redding, Shelby Murtha, DRE #02193783
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Building Information for 1801 Parallel Street

Stories1Residences4Year Built1979Building Size-Lot Size-

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OriginPoint Mortgage or Rocket Mortgage1

$2,029 per month

30 year fixed, 6.11% Interest

Principal and Interest

$1,839

Property Taxes

$190

HOA Dues

$0

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Property Information for 1801 Parallel Street

Summary
Location and General Information
  • Cross Street: Second Street
  • M L SArea Major: 31 - Shasta Lake City
  • Remarks : Directions: From Redding, take the I-5 north, exit Shasta Dam Blvd, left on Cascade, left on Second.
  • Address Info : City: Shasta Lake
  • State Or Province: CA
  • Postal Code: 96019
  • County Or Parish: Shasta
  • Latitude: 40.678141
  • Longitude: -122.35022
  • Property Description : Zoning: NOT AVAILABLE
  • Address Information : Cross Street2: Second Street
Parking
  • Parking : # Spaces Carport: 0
  • Parking : # Spaces Garage: 0
  • Parking Features: On Street
Taxes and HOA Information
  • Association Fee: $.00
  • Parcel Number: 007-260-002-000
Property
Property and Assessments
  • Approval Status: Yes
  • Expense Data Source : Owner2: Yes
  • Ownership: Seller
  • Property Description : Type: Residential Income
  • Property Description : Year Built Desc: 30+
Interior and Exterior Features
Exterior Features
  • Cooling : Central2: Yes
  • Miscellaneous : Smoke Detectors: Yes
Interior Features
  • Cooling: Central
  • 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 : Forced Air: Yes
  • Heating : Electric4: Yes
Multi Family
Multi Family Information
  • Number Of Units Total: 4
  • Unit Description : 1 Bedroom: Yes
  • Unit Description : 2 Bedroom: Yes
  • Unit Type : Four Plex: Yes
Unit Information
  • Unit 1 : # Baths6: 1
  • Unit 1 : # Bedrooms: 1.0
  • Unit 1 : Rent: $637.00
  • Unit 2 : # Baths5: 1
  • Unit 2 : # Bedrooms2: 1.0
  • Unit 2 : Rent2: $675.00
  • Unit 3 : # Baths4: 1
  • Unit 3 : # Bedrooms3: 1.0
  • Unit 3 : Rent3: $675.00
  • Unit 4 : # Baths3: 1
  • Unit 4 : # Bedrooms4: 2.0
  • Unit 4 : Rent4: $975.00
Unit 1
  • Total Beds: 1
  • Total Baths: 1
  • Actual Rent: 637.00
Unit 2
  • Total Beds: 1
  • Total Baths: 1
  • Actual Rent: 675.00
Unit 3
  • Total Beds: 1
  • Total Baths: 1
  • Actual Rent: 675.00
Unit 4
  • Total Beds: 2
  • Total Baths: 1
  • Actual Rent: 975.00
Income and Expenses
  • Owner Expenses : Garbage2: Yes
Rental
Rental Information
  • Ownership : Seller2: Yes
  • Owner Expenses : Sewer3: Yes
  • Tenant Expenses : Electric8: Yes
  • Existing Rntl Terms : Month to Month: Yes

Property History for 1801 Parallel Street

DateEvent & SourcePriceAppreciation
Mar 4, 2026

Listed (Active)

Shasta Association of REALTORS #26-852

$379,000
Jul 9, 2001

Sold (Public Record)

Public Record #74715848

$130,000
Jul 9, 2001

Sold

Shasta Association of REALTORS #00-87744

$129,500
May 24, 2001

Pending

Shasta Association of REALTORS #00-87744

Dec 29, 2000

Listed (Active)

Shasta Association of REALTORS #00-87744

$129,500
DateEvent & SourcePrice
03/04/2026

Listed (Active)

Shasta Association of REALTORS #26-852

$379,000
07/09/2001

Sold (Public Record)

Public Record #74715848

$130,000
07/09/2001

Sold

Shasta Association of REALTORS #00-87744

$129,500
05/24/2001

Pending

Shasta Association of REALTORS #00-87744

12/29/2000

Listed (Active)

Shasta Association of REALTORS #00-87744

$129,500

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

Public Records for 1801 Parallel Street

Taxable ValueLand$36,921Additions$155,103Total$192,024
Tax Record2025$2,276 ($190 / month)
Home Facts
Baths1Total Finished SqFt2,292 SqFtAbove Grade Finished SqFt2,292 SqFtStories1Lot Size7,405 SqFtStyleDuplexYear Built1979CountySHASTAAPN007-260-002-000

Schools near 1801 Parallel Street

This home is within Gateway Unified School District.
Rating
School
Type
Grades
Distance
Public - K to 5
Public - K to 8
Public - 9 to 12
Public - 7 to 12
Rating
School
Distance
Grand Oaks Elementary School
PublicK to 5

Shasta Lake
PublicK to 8

Central Valley High School
Public9 to 12

Gateway Community Day School
Public7 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

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1801 Parallel Street is a multi-family home for sale in Shasta Lake, CA 96019. This property was listed for sale on March 4, 2026 by Coldwell Banker Select Real Estate - Redding, it's currently listed at $379,000. It has been on the market for a total of 25 days and was last sold on July 9, 2001. This listing's school district is Gateway Unified School District. Nearby schools include Grand Oaks Elementary School, Shasta Lake and Central Valley High School. 1801 Parallel Street is a 5-bed, 4-bath, multi-family home built in 1979.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass, Inc., its subsidiaries, affiliates and their agents and associated third parties expressly disclaims 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 discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Coldwell Banker Select Real Estate - Redding, Shelby Murtha, DRE #02193783

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.