1801 Parallel St
Shasta Lake, CA 96019
5 Beds
4 Baths
5 Beds
4 Baths
Local Information
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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 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.
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.
Home Highlights
Parking
Open Parking
Outdoor
No Info
A/C
Has Cooling
HOA
None
Price/Sqft
No Info
Listed
62 days ago
Home Details for 1801 Parallel St
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Beds & Baths Number of Bedrooms: 5Number of Bathrooms: 4 |
Heating & Cooling Has Cooling |
Gas & Electric No Electric on Property |
Levels, Entrance, & Accessibility Stories: 1 |
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Parking & Garage Has Open ParkingParking: On Street |
Frontage Not on Waterfront |
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Days on Market: 62 |
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Year Built Year Built: 1979 |
Property Type / Style Property Type: Residential IncomeProperty Subtype: Multi Family |
Property Information Parcel Number: 007260002000 |
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Price List Price: $379,000 |
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MLS Status: Active |
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Direction & Address City: Shasta Lake |
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Listing Agent Listing ID: 26-852 |
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Listing Terms: Cash |
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Business Information Ownership: Seller |
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Mls Number: 26-852 |
Last check for updates: about 2 hours ago
Listing courtesy of Shelby Murtha, (530) 515-2520
Coldwell Banker Select Real Estate - Redding
Source: SMLS, MLS#26-852
Price History for 1801 Parallel St
| Date | Price | Event | Source |
|---|---|---|---|
| 03/15/2026 | $379,000 | PendingToActive | SMLS #26-852 |
| 03/09/2026 | $379,000 | Pending | SMLS #26-852 |
| 03/05/2026 | $379,000 | Listed For Sale | SMLS #26-852 |
| 07/09/2001 | $130,000 | Sold | SMLS #00-87744 |
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Property Tax and Assessment
| Year | 2025 |
|---|---|
| Tax | $2,276 |
| Assessment | $192,024 |
Home facts updated by county records
Comparable Sales for 1801 Parallel St
Address | Distance | Property Type | Sold Price | Sold Date | Bed | Bath | Sqft |
|---|---|---|---|---|---|---|---|
0.16 | Multi-Family Home | $375,000 | 08/29/25 | 6 | 3 | - | |
1.07 | Multi-Family Home | $189,000 | 04/20/26 | 5 | 3 | 1,200 | |
2.90 | Multi-Family Home | $380,000 | 06/23/25 | 9 | 3 | - | |
4.37 | Multi-Family Home | $515,000 | 12/15/25 | 6 | 4 | - | |
4.23 | Multi-Family Home | $660,000 | 08/21/25 | 8 | 5 | - | |
4.44 | Multi-Family Home | $514,000 | 01/30/26 | 6 | 6 | - |
Assigned Schools
These are the assigned schools for 1801 Parallel St.
- Central Valley High School
- 9-12
- Public
- 583 Students
9/10GreatSchools RatingParent Rating AverageMy daughter attended CV in 2014-2018. She was a high academic student. She took all Honor's classes as well as classes at the college in the summer, which CV highly supported! She graduated Valedictorian of her class with a 4.65GPA. We kept her at CV because we knew the reputation of caring teachers and high rigor in a small atmosphere was essential for her to succeed. That was exactly was CV was for her! CV over the last decade has had a top notch culinary program, with one of the top Robotics programs in Shasta County. Recently in 2022-2023 CV was the top academic achieving school in the county (state testing scores). My son currently attends CV and it definitely fits his needs as he is a more of an athlete. The sport teams at CV are very competitive across the board in all sports. The Boys Basketball and Cross Country teams visited U of Oregon this year (while competing in an athletic events) showing that CV is also fostering the idea of college and beyond as a real option. The caring nature of CV is very evident for their student body and the Administration are very supportive of not only the students, but growing a stronger community for our kids.Parent Review1y ago - Shasta Lake
- K-8
- Public
- 602 Students
5/10GreatSchools RatingParent Rating AverageBoth my children have attended SLS since kindergarten. They have had wonderful experiences such as sports, K-Kids, Builder’s Club, Umbuntu, and student leadership. The teachers care about the students and offer the education that has made them reach the exceeds started on the ELA and math state tests. Great school.Parent Review5y ago 
Check out schools near 1801 Parallel St.
What Locals Say about Shasta Lake
At least 51 Trulia users voted on each feature.
89 % Say car is needed
89 % Say parking is easy
79 % Say yards are well-kept
73 % Say there's holiday spirit
67 % Say it's walkable to grocery stores
65 % Say there's wildlife
64 % Say it's dog friendly
62 % Say it's quiet
54 % Say neighbors are friendly
54 % Say kids play outside
46 % Say it's walkable to restaurants
45 % Say people would walk alone at night
41 % Say they plan to stay for at least 5 years
36 % Say there are sidewalks
31 % Say streets are well-lit
31 % Say there are community events
Learn more about our methodology.
LGBTQ Local Legal Protections
LGBTQ Local Legal Protections
Shelby Murtha, Coldwell Banker Select Real Estate - Redding
Agent Phone: (530) 515-2520
Copyright Shasta Association of Realtors. All rights reserved. Information is deemed reliable but not guaranteed.
1801 Parallel St, Shasta Lake, CA 96019 is a 5 bedroom, 4 bathroom multi-family built in 1979. This property is currently available for sale and was listed by SMLS on Mar 5, 2026. The MLS # for this home is MLS# 26-852.