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 high-performing asset in a prime location....
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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
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