1365 Magnolia Ave | Redding, CA 96001
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- LoopNet Team
1365 Magnolia Ave
Redding, CA 96001
Magnolia Terrace Apartments · Multifamily Property For Sale
·
40 Units
INVESTMENT HIGHLIGHTS
- Dual pane windows throughout
- Large lot with covered parking
- Stabilized asset with upside potential
- Sparkling pool on-site
- Pitched roofs
- Studio, one- and two-bedroom units
PROPERTY FACTS
| No. Units | 40 | Building Size | 23,964 SF |
| Property Type | Multifamily | Average Occupancy | 95% |
| Property Subtype | Apartment | No. Stories | 2 |
| Apartment Style | Low-Rise | Year Built | 1962 |
| Building Class | C | Parking Ratio | 1.03/1,000 SF |
| Lot Size | 1.02 AC | ||
| Zoning | RM-18 | ||
| No. Units | 40 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 1.02 AC |
| Building Size | 23,964 SF |
| Average Occupancy | 95% |
| No. Stories | 2 |
| Year Built | 1962 |
| Parking Ratio | 1.03/1,000 SF |
| Zoning | RM-18 |
AMENITIES
UNIT AMENITIES
- Air Conditioning
- Heating
- Kitchen
- Oven
- Range
- Tub/Shower
- Double Pane Windows
- Freezer
- Smoke Free
SITE AMENITIES
- 24 Hour Access
- Laundry Facilities
- Pool
- Property Manager on Site
- Tenant Controlled HVAC
- Online Services
- Public Transportation
- Smoke Detector
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| Studios | 12 | - | 468 |
| 1+1 | 24 | - | 636 |
| 2+1 | 4 | - | 908 |
PROPERTY TAXES
| Parcel Number | 105-310-018-000 | Improvements Assessment | $3,775,387 |
| Land Assessment | $795,906 | Total Assessment | $4,571,293 |
PROPERTY TAXES
Parcel Number
105-310-018-000
Land Assessment
$795,906
Improvements Assessment
$3,775,387
Total Assessment
$4,571,293
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