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Jenn Smart

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3320 Magnums Way , Redding, CA 96003
$585,000
Est. Payment: $3,174.19/mo
Status: Pending | Days on site: 91
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sha.2109 - 8655,4111,4111
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House 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.

Highlights

Listed by Nick Kerley , 530-242-4114 and Kimberly A Moore , 530-355-2538 Realty 110, Inc. , 1 530-242-4114. Shasta Assoc of REALTORS

Property Type

Multi-Family

Year Built

1986

County

Shasta

Area

01 - NW Redding

Neighborhood

N/A

Listing ID

26-2817

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Interior Features

Air Cond:Central
Fireplaces:

Exterior Features

Parking Features:Assigned,Off Street,On Street
Principal Interest
$3,174
Taxes
$373

Home Price

$585,000

Loan Details

30 yrs
7.192%

Down Payment

20%
$117,000
All calculations are estimates and provided by Blueroof360. Today’s Rates provided by Blueroof360. Information and interactive calculators are made available to you only as self-help tools for your independent use and are not intended to provide investment or tax advice. We cannot and do not guarantee their applicability or accuracy in regards to your individual circumstances. All examples are hypothetical and are for illustrative purposes. We encourage you to seek personalized advice from qualified professionals regarding all personal finance issues.
Monthly Price:
$3,174.19

Principal

Taxes

Principal Taxes HOA Total
Monthly $3,174.19 $372.94 $0.00 $3,547.13
Yearly $38,090.34 $4,475.25 $0.00 $42,565.59
Total $1,142,710.09 $134,257.50 $0.00 $1,276,967.59
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So-Crates Johnson
Dust, Wind, Dude
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Market insight data is pulled from the same city as the listing being viewed (Redding, CA).

The schools listed are within a 2-mile radius of the property; however, attendance is not guaranteed. Please contact the local school district to confirm zoning and enrollment options.

Information provided by Shasta Assoc of REALTORS, and is deemed reliable but not guaranteed accurate.

IDX service by Blueroof 360

Data last updated: 2026-09-25T09:08:19.000Z

© 2026 Shasta Assoc of REALTORS