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For sale
    • $385,000

    1129 Magnolia Ave, Redding, CA 96001

    --beds
    --baths
    --sqft
    : 
    $2,637/mo
    Get pre-qualified
    Multi Family
    Built in 1925
    -- sqft lot
    $378,200 Zestimate®
    $--/sqft
    $-- HOA

    What's special

    Welcome to an exceptional investment opportunity that checks every box: prime location, strong performance, and outstanding long-term potential. This charming, 6 bedrooms, 3 bathrooms, fully rented triplex is ideally situated in a highly desirable Magnolia district, just a short walk from award-winning schools, including University Preparatory and Shasta High, and vibrant downtown, offering unmatched convenience to top-rated restaurants, popular shopping destinations, 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, making it a true standout in today's market. 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 highly desirable location.
    19 days
    534
    31

    Zillow last checked:

    Listing updated:

    Listed by:

    Liudmila D Kovalchuk 530-806-6855,

    Coldwell Banker Select Real Estate - Redding

    Source: SMLS,MLS#: 26-5447MLS Logo

      Facts & features

      Interior

      Heating
      • Electric
      Features
      • Has basement: No

      Property

      Parking
      • Parking features: Off Street, On Street
      • Has uncovered spaces: Yes
      Features
      • Stories: 2
      Lot
      • Size: 5,227 Square Feet
      • Dimensions: 5,227
      Details
      • Parcel number: 105280009000

      Construction

      Type & style
      • Home type: MultiFamily
      • Property subtype: Multi Family
      Condition
      • Year built: 1925

      Community & HOA

      HOA
      • Has HOA: No
      Location
      • Region: Redding

      Financial & listing details

      • Tax assessed value: $363,239
      • Date on market: 9/30/2026
      • Ownership: Seller

        Estimated market value

        $378,200

        $359,000 - $397,000

        $1,449/mo

        Price history

        DateEventPrice
        9/30/2026Listed for sale$385,000-9.4%
        Source: SMLS #26-5447 Report a problem
        9/27/2026Listing removed$425,000
        Source: SMLS #26-1298 Report a problem
        3/26/2026Listed for sale$425,000+7.6%
        Source: SMLS #26-1298 Report a problem
        6/1/2025Listing removed$395,000
        Source: SMLS #24-4887 Report a problem
        3/19/2025Price change$395,000-5.7%
        Source: SMLS #24-4887 Report a problem
        3/5/2025Listed for sale$419,000
        Source: SMLS #24-4887 Report a problem
        2/18/2025Pending sale$419,000
        Source: SMLS #24-4887 Report a problem
        11/17/2024Listed for sale$419,000-1.4%
        Source: SMLS #24-4887 Report a problem
        8/9/2024Listing removed--
        Source: SMLS #24-914 Report a problem
        6/6/2024Price change$425,000-3.2%
        Source: SMLS #24-914 Report a problem
        5/9/2024Listed for sale$439,000-1.6%
        Source: SMLS #24-914 Report a problem
        3/28/2024Listing removed--
        Source: SMLS #24-914 Report a problem
        3/7/2024Listed for sale$445,988
        Source: SMLS #24-914 Report a problem
        3/3/2024Listing removed$445,988
        Source: SMLS #23-3136 Report a problem
        2/14/2024Price change$445,988+0%
        Source: SMLS #23-3136 Report a problem
        1/28/2024Listed for sale$445,888-4.7%
        Source: SMLS #23-3136 Report a problem
        12/14/2023Listing removed--
        Source: SMLS #23-3136 Report a problem
        10/26/2023Listed for sale$468,000
        Source: SMLS #23-3136 Report a problem
        10/12/2023Listing removed--
        Source: SMLS #23-3136 Report a problem
        9/25/2023Listed for sale$468,000-2.3%
        Source: SMLS #23-3136 Report a problem
        9/13/2023Listing removed--
        Source: SMLS #23-3136 Report a problem
        8/5/2023Listed for sale$479,000+45.6%
        Source: SMLS #23-3136 Report a problem
        6/11/2021Sold$329,000+9.8%
        Source: SMLS #21-2294 Report a problem
        5/17/2021Listed for sale$299,500+171.7%
        Source: SMLS #21-2294 Report a problem
        3/24/2014Sold$110,250-29.6%
        Source: SMLS #14-892 Report a problem
        12/16/2013Sold$156,504-39.8%
        Source: Public Record Report a problem
        8/25/2005Sold$260,000+40.9%
        Source: Public Record Report a problem
        7/22/2004Sold$184,500+101.6%
        Source: Public Record Report a problem
        3/26/1999Sold$91,500
        Source: Public Record Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2026-- $363,239 +2%
        2025$3,749 +1.4%$356,118 +2%
        2024$3,696 +1.5%$349,136 +2%
        2023$3,641 +1.7%$342,291 +2%
        2022$3,580 +158.7%$335,580 +168.8%
        2021$1,384 -1.3%$124,851 +1%
        2020$1,402 +5.2%$123,572 +2%
        2019$1,332 -0.8%$121,150 +2%
        2018$1,343 +0.5%$118,776 +2%
        2017$1,336 +3.2%$116,448 +2%
        2016$1,294 +1.3%$114,166 +1.5%
        2015$1,278 $112,452
        Find assessor info on the county website

        Monthly payment

        Est. payment

        Payment breakdown

        Explore the cost of this home by adjusting the details. Changes won't be saved.
        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
        See how much you could borrow to make a competitive offer.
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        Climate risks

        Neighborhood: 96001

        Getting around

        72 / 100
        Very Walkable
        31 / 100
        Some Transit
        66 / 100
        Bikeable

        Nearby schools

        GreatSchools rating

        A local agent can set up tours, give advice and negotiate with sellers.

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