1129 Magnolia Avenue Redding, CA 96001
Listing Courtesy of: Shasta MLS / Coldwell Banker Select Real Estate / Liudmila "Luda" Kovalchuk

  1129 Magnolia Avenue Redding, CA 96001

Active (4 Days)
$425,000 (USD)

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.

MLS #:
26-1298
Type
Multifamily
Year Built
1925
County
Shasta County
Community
N/a

Listed By

Liudmila "Luda" Kovalchuk, DRE #01898948 CA, Coldwell Banker Select Real Estate
Source
Shasta MLS
Last checked Mar 31 2026 at 6:00 AM PDT
Bathroom Details
Subdivision
  • N/A
Parking
  • On Street
  • Off Street
Stories
  • 2
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Disclaimer: Copyright 2026 Shasta MLS. All rights reserved. This information is deemed reliable, but not guaranteed. The information being 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. Data last updated 3/30/26 23:00