1259 1261 Magnolia AVE Active Save Request In-Person Tour Request Virtual Tour
Redding,CA 96001
Key Details
Property Type Single Family Home
Sub Type Single Family Residence
Listing Status Active
Purchase Type For Sale
Square Footage 1,806 sqft
Price per Sqft $229
MLS Listing ID 25-4352
Style Traditional
Bedrooms 4
Full Baths 2
Year Built 1937
Lot Size 9,147 Sqft
Acres 0.21
Lot Dimensions 9,147
Property Sub-Type Single Family Residence
Source Shasta Association of REALTORS®
Property Description
Discover a unique opportunity with this delightful downtown Redding property featuring TWO homes on one lot, perfect for Investor or Owner-Occupant! Each home has 2 beds, 1 bath, with approx. ~924 sf (#1259) and ~882sf (1261). Enjoy the vintage allure of the 1930s design, each complete with beautiful hardwood floors, coved ceilings, and lovely rounded architectural details.
Rent out both OR live comfortably in one of the homes and rent the other! 1259 Magnolia features a mini-split A/C/Heat upgrade with multizone control (2017), while 1261 Magnolia has a recent HVAC system (2021). 1259 has all and 1261 has nearly all low-e windows for max efficiency, along with individual REU power and water meters. Each has its own cozy backyard with plenty of gardening opportunity, along a small garage, perfect for storage and a compact car. Nestled in the desirable Magnolia area, you'll be within walking distance to downtown amenities, parks, and local charm. This is a rare chance to enjoy the best of both worlds: a home of your own plus a built-in income stream.
Location
State CA
County Shasta
Direction 299W/Eureka Way, South on Magnolia Ave, Property left.
Interior
Interior Features Storage Room
Heating Forced Air,Other
Cooling Central,Mini-Split
Flooring Hardwood,Vinyl
Window Features Double Pane Windows
Heat Source Forced Air,Other
Exterior
Parking Features Off Street,On Street
View None
Roof Type Composition
Building
Lot Description 2 on a Lot,Level,City Lot,Other
Building Description Wood Siding, Wood Siding
Foundation Raised
Sewer Public Sewer
Water Public
Architectural Style Traditional
Structure Type Wood Siding
Others
Senior Community No
Tax ID 105-300-026-000
Ownership Seller
Security Features Smoke Detector(s),Carbon Monoxide Detector(s)
Acceptable Financing Conventional Loan,Cash
Listing Terms Conventional Loan,Cash