1129 Magnolia Avenue, Redding, CA 96001

Local realty services provided by:Better Homes and Gardens Real Estate Results
1129 Magnolia Avenue,Redding, CA 96001
$425,000
  • - Beds
  • - Baths
  • - sq. ft.
  • Multi-family
  • Active
Listed by: liudmila d kovalchuk
Office: coldwell banker select real estate - redding
MLS#:26-1298
Source:CA_SAR

Price summary

  • Price:$425,000

About this home

Welcome to an exceptional investment opportunity that checks every box--prime location, strong performance, and outstanding long-term potential. This charming, fully rented triplex is ideally situated in a highly desirable area just minutes from vibrant downtown, offering unmatched convenience to top-rated restaurants, popular shopping destinations, reputable schools, major hospitals, and medical offices. Designed to attract and retain quality tenants, the property benefits from a strong cash flow, consistently low vacancy rates, and an impressive cap rate exceeding 8%, making it a true standout in today's market. Each unit is well-maintained, providing immediate income and peace of mind for investors seeking a turnkey asset. Whether you're expanding your portfolio or securing your first multi-family investment, this property offers the perfect blend of location, performance, and future appreciation potential. Opportunities like this are rare--don't miss your chance to own a...

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Home facts

  • Year built:1925
  • Listing ID #:26-1298
  • Added:1 day(s) ago
  • Updated:March 27, 2026 at 03:41 PM

Structure and exterior

  • Year built:1925

Finances and disclosures

  • Price:$425,000

Parking

  • Parking description:Off Street, On Street
Shasta Association of REALTORS® (alternatively, from the SAOR MLS) for the period March 27, 2026. 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.