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For sale
    • $425,000

    1129 Magnolia Ave, Redding, CA 96001

    --beds
    --baths
    --sqft
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    Multi Family
    Built in 1925
    -- sqft lot
    $-- 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, fully rented triplex is ideally situated in a highly desirable West Redding 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.
    108 days
    |
    295
    |
    21
    |

    Zillow last checked:

    Listing updated:

    Listed by:

    Liudmila D Kovalchuk 530-806-6855,

    Coldwell Banker Select Real Estate - Redding

    Source: SMLS,MLS#: 26-1298MLS Logo

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      Facts & features

      Interior

      Features
      • Has basement: No

      Property

      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

      Location
      • Region: Redding

      Financial & listing details

      • Tax assessed value: $356,118
      • Annual tax amount: $3,749
      • Date on market: 3/26/2026
      • Listing terms: Cash
      • Ownership: Seller

        Estimated market value

        Not available

        Estimated sales range

        Not available

        $1,446/mo

        Price history

        DateEventPrice
        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+46.2%
        Source: SMLS #21-2294 Report a problem
        11/1/2019Listing removed$204,900
        Source: HOUSE OF REALTY #19-912 Report a problem
        4/1/2019Listed for sale$204,900+85.9%
        Source: HOUSE OF REALTY #19-912 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
        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.
        Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
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        Climate risks

        Neighborhood: 96001

        Getting around

        73 / 100
        Very Walkable
        31 / 100
        Some Transit
        66 / 100
        Bikeable

        Nearby schools

        GreatSchools rating

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