2139–2159 California Street is a 12-unit multifamily asset located in Redding, California. The property consists of six buildings totaling approximately 5,100 SF and is situated on a 0.28-acre parcel zoned RM-9. The asset is currently being marketed at an asking price of $1,780,760, reflecting a 5.0% cap rate on in-place income, and is 100% occupied with staggered lease expirations. The property benefits from long-term tenancy and historically low vacancy, largely driven by its proximity to Mercy Medical Center, which attracts nurses, doctors, and hospital staff. The offering provides investors with stable in-place cash flow and insulation from concentrated vacancy risk due to the unit mix and small-format layout.