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 (16 Days)
$425,000 (USD)
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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 Apr 11 2026 at 6:32 AM GMT+0000
Bathroom Details
Subdivision
  • N/A
Parking
  • On Street
  • Off Street
Stories
  • 2
Location
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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 4/10/26 23:32
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Broker does not guarantee the accuracy of room dimensions, square footage, lot size, or other information regarding the conditions of features of the property provided by the seller or obtained from public records or other sources.  Buyer is advised to verify that information through personal inspection with the appropriate professional.  Equal Housing Opportunity.

 

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