Backup offers
#25-3083, Daniel Miller, Listing office: Upward Realty
Property details
About 1535 E Cypress Ave
Homes with Expansion Potential This unique residential income property presents a fantastic opportunity for investors! Situated in a prime location near shopping, transportation, and essential amenities, this offering includes three separate homes and a spacious lot that may allow for future expansion. The main home features three bedrooms, 1.5 baths, a fenced yard, a carport, and additional storage, making it an ideal rental or owner-occupied residence. The two additional homes each offer two bedrooms and one bath, providing comfortable living spaces for tenants. All three homes were updated four years ago with new roofs, flooring, and fresh paint, ensuring a modern and well-maintained living environment for tenants. With multiple rental units already in place and the potential for further development, this property is a rare find in today's market. Don't miss this chance to own a versatile investment with excellent income potential!
Highlights
Home typeResidential
StatusAccepting Backup Offers
(UActive Under Contract)
(UActive Under Contract)
CoolingEvaporative Cooling
ParkingAssigned, Off Street
MLS #25-594
Summary
- Parking: Assigned, Off Street
- Cooling: Evaporative Cooling
- List Price: $500,000
- Annual Tax Amount: $5,732
- Tax Year: 2024
- Directions: South side of Cypress between Oxford & Heather Lane.
- Stories: 1
- MLS Number: 25-594
- Office Name: Coldwell Banker Select Real Estate - Redding
- Office Phone: (530) 221-7550
- Office Email: inforcbrd@cbselectre.com
- Listing Agent: Kimberly Pedersen
The listings on this site are displayed courtesy of the IDX program of Shasta Association of REALTORS and may not be the listings of the site owner. All information is deemed reliable but not guaranteed. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 7/17/2025, 12:50:33 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Price information
Property sales
| Date | Event | Price |
|---|---|---|
| Dec 30, 2021 | Home Sold | $525,000 |
| May 27, 2020 | Home Sold | $199,000 |
Tax history
| Year | Assessment | Property Tax |
|---|---|---|
| 2024 | $516,038 | $5,732 |
| 2023 | $505,920 | $5,652 |
| 2022 | $153,553 | $1,757 |
| 2021 | $150,543 | $1,698 |
| 2020 | $169,855 | $1,900 |
| 2019 | $166,526 | $1,878 |
| 2018 | $163,262 | $1,910 |
| 2017 | $160,061 | $1,910 |
History based on county public records data.
Nearby schools
3
Shasta Meadows Elementary School
Public District KG-5
0.5 mi
•2825 Yana Ave
3
Rother Elementary School
Public District KG-5
0.9 mi
•795 Hartnell Ave
6
Alta Mesa Elementary School
Public District KG-5
1.3 mi
•2301 Saturn Skwy
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $40,938. The most common annual income of people living in Redding, CA is between $35k-100k. Most families are single, no kids. Most residents in this area have post secondary degree education.
How much money do the neighbors make?
42%
<35k
55%
35k-100k
2%
100k-200k
1%
200k+
What level of education do the neighbors have?
High School Diploma
Post Secondary Degree
Masters Degree
Doctorate
What types of families live nearby?
46%
Single, No Kids
19%
Single, with Kids
19%
Married, No Kids
16%
Married, with Kids
Are the neighbors home owners or renters?
Home Owners
Renters
How old are people in this area?
18%
<11 yrs old
7%
12-17 yrs old
32%
18-34 yrs old
33%
35-64 yrs old
10%
65+ yrs old
What do the neighbors do for fun?
Pro Boxing- UFC
Extreme Sports
Where do the neighbors shop?
Burlington
Family Dollar
Sam's Club
Where do the neighbors go to eat?
Popeyes
Burger King
White Castle
What do the neighbors drive?
Dodge
Buick
Oldsmobile
What do the neighbors listen to?
Urban Contemporary
Rock
News
All data provided by Home Junction and Claritas
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Frequently asked questions
About 1535 E Cypress Ave
The listing price of 1535 E Cypress Ave property is $500,000.
The property 1535 E Cypress Ave is a house located in Redding, California, 96002.
Accepting Backup Offers: 1535 E Cypress Ave is Accepting Backup Offers (Active Under Contract), there is still a chance to have your real estate agent submit an offer.
The nearby schools for 1535 E Cypress Ave are: Shasta Meadows Elementary School (GreatSchools Rating 3/10), Rother Elementary School (GreatSchools Rating 3/10), Alta Mesa Elementary School (GreatSchools Rating 6/10), Mistletoe Elementary School (GreatSchools Rating 6/10), Parsons Junior High School (GreatSchools Rating 6/10), Boulder Creek Elementary School (GreatSchools Rating 7/10), Redding Collegiate Academy (GreatSchools Rating 5/10), Enterprise High School (GreatSchools Rating 8/10), Redding School of the Arts (GreatSchools Rating 6/10).
According to the records, the last property tax for 2024 is $5,732 (source: MLS/based on county public records data).
The last sale was on December 30, 2021 for $525,000 (source: MLS/tax record).
The property at 1535 E Cypress Ave has 0 bathroom.
This home is located at 1535 E Cypress Ave in Redding, CA and zip code 96002 in the East Redding neighborhood. Features: 0 bathroom. It has been listed on Rocket Homes since February 14, 2025 and is currently priced at $500,000.
Redding, CA housing market in June 2025 saw over 24 listings sold above listed price, more than 25 sold at listed price and over 52 sold below. Between May and June 2025, Redding, CA real estate market has seen increase in the number of listings by 1.9%. The median list price of listings available in June 2025 was $395,000, while the average time on the real estate market was 68 days.
From Rocket Homes Real Estate and based on county public records data.