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3320 Magnums Way

Redding, CA 96003
  • $585,000
  • STATUS: Pending
  • ON SITE: 94 Days
  • ID#: 26-2817
Pending
UPDATED: 59 min ago
$585,000
  • 0
    BEDS
  • N/A
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
N/A
Type:
Multi-Family
Built:
1986
County:

School Ratings & Info

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.

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IDX information © 2026 Shasta Association of Realtors MLS. Information provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Data last updated: 2026-09-14T12:58:17.827.

Licensed in the State of California.
www.search530.com/homes/177620054
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3320 Magnums Way Redding, CA 96003

  • Price: $585,000
  • Status: Pending
  • On Site: 94 Days
  • Updated: 59 min ago
  • ID#: 26-2817
0
Beds
0
Baths
0
½ Baths
N/A
Acres
1986
Built
Neighborhood:
N/A
County:
Shasta
Area:
01 - NW Redding
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.
Exterior Features

Parking Features AssignedOff StreetOn Street Stories 1

Interior Features

All Units Include Air Conditioner Yes All Units Include Storage Yes All Units Include Washer Dryer Hookups Yes Cooling Central Heating Forced Air Unit1 No Baths 2 Unit1 No Bedrooms 3 Unit1 Sq Ft 1200 Unit2 No Baths 2 Unit2 No Bedrooms 3 Unit2 Sq Ft 1200 Unit3 No Baths 2 Unit3 No Bedrooms 3 Unit3 Sq Ft 1200 Unit4 No Baths 2 Unit4 No Bedrooms 3 Unit4 Sq Ft 1200

Property Features

Association YN No Attached Garage YN No Construction Materials Stucco Listing Terms All Cash to SellerCash to New Loan Special Listing Conditions [] Unit Type Four Plex Yes

Listing provided courtesy of Nick Kerley of Realty 110, Inc.: 530-242-4114.


IDX information © 2026 Shasta Association of Realtors MLS. Information provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Data last updated: 2026-09-14T12:58:17.827.

Licensed in the State of California.
 
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Waterman Real Estate
1760 Churn Creek Rd.
Redding CA, 96002