Three Separate Homes on Two Side-by-Side Parcels in Shasta Lake City. Excellent opportunity to own a residential income property located at 1821,1825 and 1829 Grand Coulee Boulevard in Shasta Lake, just minutes from Shasta Dam Boulevard, I-5 access, Shasta Lake, recreation, boating, fishing, and outdoor adventure. This unique property features three separate homes situated on two separate parcels located side by side, creating an attractive setup for investors, rental income, future flexibility, or multi-generational living. Each home offers 2 bedrooms and 1 bathroom, along with a functional floor plan, comfortable living space, wall furnace heating, window cooling, and off-street parking. The separate residences and two-parcel configuration provide added versatility and strong rental appeal for tenants seeking affordable housing near local amenities, transportation, and the outdoor lifestyle that makes Shasta Lake City desirable. Current gross scheduled monthly income is $3,050, with a gross scheduled annual income of $36,600, offering solid existing income with potential room for future improvement. A practical multi-unit opportunity with multiple income streams in a convenient Shasta Lake City location.
Income-Producing Triplex Near Shasta Lake. Excellent opportunity to own a multi-unit residential income property in Shasta Lake City, just minutes from Shasta Lake, recreation, boating, fishing, and outdoor adventure. Located at 4845 Front Street, this triplex offers three functional 1-bedroom, 1-bath units, each with a private entrance, comfortable living space, air conditioning, forced-air heating, and access to a shared carport with covered parking. The property includes three total units, all configured as 1 bedroom and 1 bathroom, making it an attractive rental option for tenants seeking affordable and convenient housing near local amenities, I-5 access, and the lake. Gross scheduled monthly income of $2,648 and a gross scheduled annual income of $31,776 with room to improve!
Income-Producing Fourplex in Shasta Lake City. Excellent opportunity to own a four-unit residential income property located at 1531 Mussel Shoals Avenue in Shasta Lake, just minutes from Shasta Dam Boulevard, I-5 access, Shasta Lake, recreation, boating, fishing, and outdoor adventure. This practical fourplex offers a strong mix of units, including three 2-bedroom, 1-bath units and one 1-bedroom, 1-bath unit, giving investors a desirable rental setup with multiple income streams. Each unit provides comfortable living space, functional floor plans, and air conditioning. The property also features coin-operated laundry for additional convenience and four covered carport spaces for tenant parking. Current gross scheduled monthly income is $3,580, with a gross scheduled annual income of $42,960, offering solid existing income with potential room for future improvement. Conveniently located near local amenities, transportation, and the outdoor lifestyle that makes Shasta Lake City attractive to tenants, this property is a strong addition to any income property portfolio.
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 amenities include an on-site laundry room, three garage spaces, and four covered carport parking spaces, providing convenience and value for tenants. Ideal for both investors and owner-occupants, this property offers the opportunity to live in one unit while rental income from the remaining units helps offset ownership costs. With long-term tenants, a solid rental history, low-maintenance improvements, and potential for future rent growth, this property presents an attractive combination of stability, income, and upside. Conveniently located in Shasta Lake City with easy access to Interstate 5, shopping, dining, and outdoor recreation. A rare opportunity to acquire a turn-key multi-family property with strong fundamentals, pride of ownership, and future income potential.
This multi-family residential complex is located in Shasta Lake, CA, featuring a total of 12 units situated on a large 1.98-acre lot. The property offers excellent access to freeway interstates and includes a mix of studio, 1-bedroom, and 2-bedroom units. * 12 Unit Turn-Key Multi-Family Property on 1.98 Acres Land * All Units Renovated with Laminate Flooring, Granite Counters, Stainless Steel Appliances, New Electrical Switches and Plugs, Freshly Painted Interiors * 100% Occupancy with stable rental history * Ample parking
Income-Producing Fourplex in Shasta Lake City. Excellent opportunity to own a four-unit residential income property located at 1531 Mussel Shoals Avenue in Shasta Lake, just minutes from Shasta Dam Boulevard, I-5 access, Shasta Lake, recreation, boating, fishing, and outdoor adventure. This practical fourplex offers a strong mix of units, including three 2-bedroom, 1-bath units and one 1-bedroom, 1-bath unit, giving investors a desirable rental setup with multiple income streams. Each unit provides comfortable living space, functional floor plans, and air conditioning. The property also features coin-operated laundry for additional convenience and four covered carport spaces for tenant parking. Current gross scheduled monthly income is $3,580, with a gross scheduled annual income of $42,960, offering solid existing income with potential room for future improvement. Conveniently located near local amenities, transportation, and the outdoor lifestyle that makes Shasta Lake City attractive to tenants, this property is a strong addition to any income property portfolio.
Three Separate Homes on Two Side-by-Side Parcels in Shasta Lake City. Excellent opportunity to own a residential income property located at 1821,1825 and 1829 Grand Coulee Boulevard in Shasta Lake, just minutes from Shasta Dam Boulevard, I-5 access, Shasta Lake, recreation, boating, fishing, and outdoor adventure. This unique property features three separate homes situated on two separate parcels located side by side, creating an attractive setup for investors, rental income, future flexibility, or multi-generational living. Each home offers 2 bedrooms and 1 bathroom, along with a functional floor plan, comfortable living space, wall furnace heating, window cooling, and off-street parking. The separate residences and two-parcel configuration provide added versatility and strong rental appeal for tenants seeking affordable housing near local amenities, transportation, and the outdoor lifestyle that makes Shasta Lake City desirable. Current gross scheduled monthly income is $3,050, with a gross scheduled annual income of $36,600, offering solid existing income with potential room for future improvement. A practical multi-unit opportunity with multiple income streams in a convenient Shasta Lake City location.
Income-Producing Triplex Near Shasta Lake. Excellent opportunity to own a multi-unit residential income property in Shasta Lake City, just minutes from Shasta Lake, recreation, boating, fishing, and outdoor adventure. Located at 4845 Front Street, this triplex offers three functional 1-bedroom, 1-bath units, each with a private entrance, comfortable living space, air conditioning, forced-air heating, and access to a shared carport with covered parking. The property includes three total units, all configured as 1 bedroom and 1 bathroom, making it an attractive rental option for tenants seeking affordable and convenient housing near local amenities, I-5 access, and the lake. Gross scheduled monthly income of $2,648 and a gross scheduled annual income of $31,776 with room to improve!
Shasta Lake is located in California. Shasta Lake, California has a population of 10,399. Shasta Lake is more family-centric than the surrounding county with 27.93% of the households containing married families with children. The county average for households married with children is 25.72%.
The median household income in Shasta Lake, California is $51,713. The median household income for the surrounding county is $61,937 compared to the national median of $69,021. The median age of people living in Shasta Lake is 40 years.
The average high temperature in July is 96.7 degrees, with an average low temperature in January of 38.1 degrees. The average rainfall is approximately 46.9 inches per year, with 1.5 inches of snow per year.