Pending Multi-Family MLS# 26-2817

3320 Magnums Way

Redding, CA 96003

$585,000

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About 3320 Magnums Way

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.

Property details

Property

Type
Residential Income
MLS type
Multi Family Home
Status
Pending
Year built
1986
Original price
$629,000
MLS #
26-2817

Exterior & lot

Lot
114-070-021-000
Parking
Assigned, Off Street, On Street

Schools

District
Gateway Unified School District

Financial

Financial
Shasta Association of REALTORS®
Parcel
114-070-021-000

Location

Area
01 - NW Redding
County
Shasta
Neighborhood
Buckeye
Directions
Head West on Lake Blvd, Turn Right onto Magnums Way, Property is the Third on your Left
Subdivision
N/A

Ask about this property

Questions on 3320 Magnums Way, Redding, CA 96003, or want to see it in person?

Listed by Nick Kerley, Realty 110, Inc.

Listing information is provided by the participating MLS / IDX program and is deemed reliable but not guaranteed. All information should be independently verified. Equal Housing Opportunity.