1664 Victor Avenue, Redding, CA 96002 - Melanie Wright Real Estate

$479,000

Rare RM-15 Infill Development Opportunity on 1.35 Acres! Bring your vision and unlock the incredible potential this unique property has to offer. Situated in one of Redding's growth corridors, this RM-15 zoned parcel is surrounded by established, multi family developments and offers exceptional long-term investment possibilities. The… Read More property features two existing improvements. The main residence was originally a 3 bedroom, 2 bath home of approximately 1,480 square feet and has been reconfigured into a spacious 2 bedroom layout by expanding the primary suite. The second structure was originally a 1 bedroom, 1 bath home with an attached two car garage. It has been taken down to the studs and is currently utilized as a large shop, offering excellent storage or workspace while future plans are developed. Whether you choose to renovate the existing improvements for interim rental income, hold as an investment, or pursue future development, the possibilities are substantial. The true value lies in the land, location, and RM-15 zoning. Rare RM-15 Infill Development Opportunity on 1.35 Acres! Bring your vision and unlock the incredible potential this unique property has to offer. Situated in one of Redding's desirable growth corridors, this RM-15 zoned parcel is surrounded by established, high-quality multifamily developments and offers exceptional long-term investment possibilities. The property features two existing improvements. The main residence was originally a 3 bedroom, 2 bath home of approximately 1,480 square feet and has been reconfigured into a spacious 2 bedroom layout by expanding the primary suite. Flooring remains incomplete, providing the opportunity to finish and customize to your needs. The second structure was originally a 1 bedroom, 1 bath home with an attached two car garage. It has been taken down to the studs and is currently utilized as a large shop, offering excellent storage or workspace while future plans are developed. Whether you choose to renovate the existing improvements for interim rental income, hold as an investment, or pursue future development, the possibilities are substantial. The true value lies in the land, location, and RM-15 zoning. Buyer to verify permitted uses, allowable density, development potential, and all building requirements with the City of Redding. Conveniently located just minutes from Highway 44, downtown Redding, sho Conveniently located just minutes from Highway 44, downtown Redding, sho Read Less

Courtesy of Bridgett R Lindsay, LPT Realty, Inc..

Listing Snapshot

Days Online

Last Updated

Jul 24, 2026

Property Type

Single Family Residence

Beds

Full Baths

Square Ft.

1,480

Lot Size

1.35 Acres

Year Built

9999

MLS Number

26-3529

30 Days Snapshot Of 96002

$445k

-5%

(avg) sold price

-49%

homes sold

113

+52%

(avg) days on market

Snapshot

Area Map

Additional Details

Property Access

Road surface type: Asphalt

Building

Built in 9999, Building area total: 1,480, Levels: One, Construction materials: Wood Siding

Cooling

Mini-Split

Lot

1.35 acres, 58,806 square feet, Size: 1, 2 on a Lot, Level, City Lot

Parking

Gated, Driveway, Attached Carport, Additional Parking, RV Access/Parking, Off Street, Boat

Pool

None

Property

View: City

Roof

Composition

Sewer

Utilities

Electricity: Public

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1664 Victor Avenue

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