1129 Magnolia Avenue Redding, CA $ 425,000
1129 Magnolia Avenue
$ 425,000
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1129 Magnolia Avenue

Redding, CA, 96001
$ 425,000
Baths0.0

Monthly Estimate*

$ 2,617

1129 Magnolia Avenue, Redding, CA 96001 - Image 1
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Studio

Multi-Family Home for sale in Redding, CA

for $425,000. This home was built in 1925.

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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Multi-Family Active

Price

$ 425,000

Bedrooms

Studio

Property Type

Multi-Family

Taxes

$ 0

Style

Residential Income

Year Built

1925

Town/City

Redding

County/Region

Shasta

MLS | Web ID

261298

Features
General
Possession Close of Escrow
Year Built 1925
Stories Count 2
Property Subtype Residential Income
Ownership Seller
County Shasta
Property Type Residential Income
Subdivision Name N/A
Garage Y/N N
Status Active
Directions Eureka way left on Magnolia
City Redding
Zoning Description NOT AVAILABLE
Number Of Units Total 0
MLS Area 04 - SW Redding
Carport Y/N N
Lease Renewal Y/N N
MLS Area Minor 04 - SW Redding
Additional Parcels Y/N N
Lease Considered Y/N N
Rent Control Y/N N
Standard Status Active
Senior Community None
New Construction None
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Exterior
Parking Features Off Street On Street
Spa N
Lot Dimensions 5 227
Crops Included Y/N N
Horse Y/N N
Irrigation Water Rights Y/N N
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Interior
Basement (Y/N) N
Total Baths 0
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Internal Only
Street Number 1 1129
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* Excluded Features
List By
Liudmila D Kovalchuk

Listing Agent

Coldwell Banker Select Real Estate - Redding

Broker

ludasells4u@gmail.com

Email

Affordability Calculator

$2,617
Per Month
100%
0%
0%
Monthly Principal & Interest
$2,617
Monthly Property Taxes
--
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
633023 Elementary School
632821 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
3/26/2026$425,000 Listed Price

Map


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1129 Magnolia Avenue, Redding, CA, 96001 is a Multi-Family Home for sale at $425,000. 1129 Magnolia Avenue is a studio with 0.0 baths and was built in 1925. The property's zip code is 96001 which is in Redding, CA