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1129 Magnolia Avenue

Redding, CA 96001
  • $425,000
  • STATUS: Active
  • ON SITE: 19 Days
  • ID#: 26-1298
UPDATED: 157 min ago
$425,000
  • 0
    BEDS
  • N/A
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
N/A
Type:
Multi-Family
Built:
1925
County:

School Ratings & Info

Description

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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IDX information © 2026 Shasta Association of Realtors MLS. Information provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. 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. Data last updated: 2026-04-14T23:58:13.953.

Licensed in the State of California.
www.searchshasta.com/homes/174490306
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1129 Magnolia Avenue Redding, CA 96001

  • Price: $425,000
  • Status: Active
  • On Site: 19 Days
  • Updated: 157 min ago
  • ID#: 26-1298
0
Beds
0
Baths
0
½ Baths
N/A
Acres
1925
Built
Neighborhood:
N/A
County:
Shasta
Area:
04 - SW Redding
Property Description
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.
Exterior Features

Parking Features Off StreetOn Street Stories 2 Unit1 Stories 1 Unit2 Stories 1 Unit3 Stories 1

Interior Features

All Units Include Air Conditioner Yes Cooling [] Unit1 No Baths 1 Unit1 No Bedrooms 2 Unit2 No Baths 1 Unit2 No Bedrooms 1 Unit3 No Baths 1 Unit3 No Bedrooms 3

Property Features

Construction Materials [] Listing Terms All Cash to SellerCash to New Loan Ownership Seller Property Sub Type Residential Income Special Listing Conditions [] Unit Type Triplex Yes

Listing provided courtesy of Liudmila Kovalchuk of Coldwell Banker Select Real Estate - Redding: 530-221-7550.


IDX information © 2026 Shasta Association of Realtors MLS. Information provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. 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. Data last updated: 2026-04-14T23:58:13.953.

Licensed in the State of California.
 
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Wise House Realty | United Realty Group
1823 Court St.
Redding CA, 96003