Back 3320 Magnums Way
Off Market

3320 Magnums Way

Redding CA 96003

Other
Last sold for $550,000
Nick KerleyNick Kerley, last sold this property on 14 October 2026 after 442 days on market.

Overview

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.

Features

Other

Estimated Value

Based on this property and similar other properties sold in Redding over the last 12 months, the estimated median property value of 3320 Magnums Way is $129k.

Median value
$129k
Estimated value range
$12k - $950k
Median days on market
82
Estimated value trend
-8%
decrease over the last 12 months
Average days on market is based on recent, comparable sales in Redding. It is only an indication of the time a property is actively listed and should not be relied upon as an accurate representation of how soon a property will be sold.

Property history for 3320 Magnums Way

2026
Sold
$550,000
14 Oct 2026 by Nick Kerley, of Realty 110, Inc.

Happy sellers in Redding

92%
92% of sellers in Redding reported that their sale price either exceeded or met their price expectations.

Redding stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.

This is based on voluntary sentiment collected from 7 reviews in Redding over the last 12 months.

Local market activity for other properties in Redding

In the last 12 months, 126 other properties similar to 3320 Magnums Way, have been sold.

This represents a 18% increase in other properties sales when compared to the previous 12 months.

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