3320 Magnums WAY, Redding, CA 96003
3320 Magnums WAY, Redding, CA 96003
3320 Magnums WAY, Redding, CA 96003
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Listed by Nick Kerley • Realty 110, Inc.
$585,000
Est. payment /mo
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Price Dropped by $44K

3320 Magnums WAY Redding, CA 96003

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Key Details

Property Type Single Family Home

Listing Status Active

Purchase Type For Sale

MLS Listing ID 26-2817

Year Built 1986

Source Shasta Association of REALTORS®

Property Description

Rare 3-Bedroom Fourplex FIXER-UPPER Opportunity off Lake Boulevard

A truly unique multi-family investment opportunity, fourplex offers a unit mix that is extremely difficult to find in today's market. Located off Lake Boulevard, the property consists of four spacious 3-bedroom, 2-bathroom units, each featuring indoor laundry, central heating and air, a detached one-car garage, and an additional off-street parking space.

Owned by the same owner for decades, the property has meaningful long-term upside. The rare 3-bedroom layout provides strong tenant appeal, broader renter demand, and the potential to command premium rents compared to the more common 1- and 2-bedroom apartment inventory in the area.

The property features ample paved parking, detached garages, low-maintenance grounds, and a functional layout that supports long-term tenant retention. This is an excellent fit for investors looking for a well-located fourplex with both current stability and future income growth.

Location

State CA

County Shasta

Direction Head West on Lake Blvd, Turn Right onto Magnums Way, Property is the Third on your Left

Interior

Heating Forced Air

Cooling Central

Heat Source Forced Air

Exterior

Parking Features Assigned, Off Street, On Street

Building

Building Description Stucco, Stucco

Story 1

Level or Stories 1.0

Structure Type Stucco

Others

Senior Community No

Tax ID 114-070-021-000

Acceptable Financing All Cash to Seller, Cash to New Loan

Listing Terms All Cash to Seller, Cash to New Loan


Nearby Locations

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Carolyn Battles

Carolyn Battles

Agent License ID: 01494151

+1(530) 604-9349

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3320 Magnums WAY