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1129 Magnolia Ave Redding, CA $ 439,000
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$ 439,000 Get more info
1129 Magnolia Ave
$ 439,000
Back to search
Share Save

1129 Magnolia Ave

Redding, CA, 96001
$ 439,000
Baths0.0

Monthly Estimate*

$ 3,067

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Studio

Multi-Family Home for sale in Redding, CA

for $439,000. This home was built in 1925.

Property has been upgraded and updated. Seller is ready to negotiate and is offering an additional $4,000 BUYER CREDIT towards any further improvements. The property consist of 3 income streams from 3 separate units providing a Savvy Investor with nearly an 8.5% CAP RATE! Upgrades & improvements include 7 new dual pane windows, Exterior siding repaired/replaced and painted. All new insulation in attic, Roof weatherproofing, New Gutter, New facial boards, flashing, new trims around windows. New concrete patio with drainage, Electrical work, new cables, switches, New Mini-Split AC, outlets and fixtures. Gross Annual Income Exceeds $46,000! Units are 100% Occupied. Walk Into Instant Cash Flow.

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Multi-Family Active

Price

$ 439,000

Bedrooms

Studio

Property Type

Multi-Family

Taxes

$ 0

Style

Residential Income

Year Built

1925

Town/City

Redding

County/Region

Shasta

MLS | Web ID

24914
Features
Exterior
Parking Features Off Street On Street
Lot Size Area 0.0
Spa N
Lot Dimensions 5 227
Lot Size Acres 0.0
Crops Included Y/N N
Open Parking Y/N N
Horse Y/N N
Irrigation Water Rights Y/N N
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General
Year Built 1925
Stories 2
Property SubType Residential Income
County Shasta
Property Type Residential Income
Subdivision Name N/A
Garage Y/N N
Status Active
Directions Eureka Way to Magnolia.
City Redding
View Y/N N
Zoning Description NOT AVAILABLE
Total Units 0
MLS Area 04 - SW Redding
Lot Size Square Feet 0.0
Carport Y/N N
Street Name Magnolia Ave
Lease Renewal Y/N N
MLS Area Minor 04 - SW Redding
Additional Parcels Y/N N
Lease Considered Y/N N
Rent Control Y/N N
Days on Market 75
Standard Status Active
Senior Community None
New Construction None
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Interior
Basement (Y/N) N
Electric On Property Y/N N
Total Baths 0
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Internal Only
Street Number 1 1129
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* Excluded Features
List By
Nick R Kerley

Listing Agent

Realty 110, Inc.

Broker

Affordability Calculator

$3,067
Per Month
100%
0%
0%
Monthly Principal & Interest
$3,067
Monthly Property Taxes
--
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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The time to sell is now
THE TIME TO SELL IS NOW!
Nearby
633023 Elementary School
632821 Middle School
Unknown High School High School
See complete school information
Pricing History
DatePricePrice ChangeDescription
5/9/2024$439,000 -1.57% Price Down
3/7/2024$445,988 Listed Price

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1129 Magnolia Ave, Redding, CA, 96001 is a Multi-Family Home for sale at $439,000. 1129 Magnolia Ave is a studio with 0.0 baths and was built in 1925. The property's zip code is 96001 which is in Redding, CA

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