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Fully Occupied Triplex
New
For Sale
$385,000

1129 Magnolia Avenue Redding CA 96001, Redding, CA 96001

The Redding property is fully leased and sits near downtown, schools, restaurants, shopping, and medical services.

Property SizeContact for details
Days on Market5

Property Features for 1129 Magnolia Avenue Redding CA 96001

General Information

Standard status Active
Property subtype Residential Income
Occupancy 100%

Additional Details

Multifamily Units 3

Building Details

Year Built 1925
Buildings 1
Listing Agency: Coldwell Banker Select Real Estate - Redding
Listed By: Liudmila D Kovalchuk · License #01898948
Source: Search.realty110
Added: Sep 30 Changed: Oct 1 Last Checked: Oct 4 at 6:35AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Coldwell Banker Select Real Estate - Redding

Investment Insights

Based on property information with market context.

Built in 1925, this three-unit residential property is fully rented. It is located in Redding’s Magnolia district, within walking distance of University Preparatory, Shasta High School, and downtown. Restaurants, shopping destinations, hospitals, and medical offices are also nearby, placing a range of local services within reach.

Key Highlights

  • Three‑unit residential property built in 1925
  • All three units are currently rented
  • Within walking distance of University Preparatory, Shasta High School, and downtown

Property Analytics

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Current Use

Triplexes

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store Grocery & Convenience Store Food Market Plumbing Service Butcher Tanning Salon

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

3
Residential units
100%
Occupancy

Location Intelligence

Trade Area within ½ mile

1,793
Businesses Nearby

Demographics for 96001, CA

33,914
Population
14,370
Households
2.4
Avg Household Size
42
Median Age
28%
College-Educated
93%
High-School Grad
72.4 sq mi
ZIP Area
468
Density / Sq Mi
$70,594
Median Household Income
$42,316
Median Earnings
$1,238
Median Rent
$385,900
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Multifamily in West region

7% 2022
7.8% 2023
8.6% 2024
8.6% 2025
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Frequently Asked Questions

What type of property is this?
Triplex - The Redding property is fully leased and sits near downtown, schools, restaurants, shopping, and medical services.
Where is this triplex located?
The property is located at 1129 Magnolia Avenue Redding CA 96001 Redding, CA.
What is the asking price?
The asking price for this property is $385,000.
What are key features of this property?
This property features: Three‑unit residential property built in 1925; All three units are currently rented; Within walking distance of University Preparatory, Shasta High School, and downtown
More about this property
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