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687-935 Magnolia Way, Susanville, CA, 96130

2beds
2baths
--sqft
$150,000
--price/sqft
$1,517/moest. monthly cost
$60,680/yrincome needed

About This Home

Nestled near beautiful Eagle Lake, this adorable 2 bed 2 bath duplex is packed with opportunity! Whether you're looking to expand your investment portfolio, generate rental income, or live in one unit while renting the other, this property checks all the boxes. Recent updates include a new roof, new flooring, a new well pump, and recent plumbing repairs. As well as a separate shed with extra storage space. The charming setting, functional layout, and income potential make this a rare find. Don't miss your chance to own a turn-key investment property close to outdoor recreation, fishing, and all that Eagle Lake has to offer!

Getting Around

0
WalkingCar-Dependent
0
TransitVery Limited Transit
33
BikeSomewhat Bikeable

Schools

6/10
6/10
4/10
Lassen High SchoolGrades 9-1217.6 mi

Construction

Condition

  • Year built: 1989

Materials

  • Foundation: Perimeter Wall
  • Roof: Composition
  • Construction materials: Wood Siding

Type & Style

  • Home type: MultiFamily
  • Property subType: Duplex,Multi Family

Interior

Appliances

  • Appliances included: Some Propane Appliances,Gas Oven,Gas Range,Refrigerator
  • Laundry features: Laundry Room

Basement

  • Basement: None

Bedrooms & Bathrooms

  • Bedrooms: 2
  • Bathrooms: 2

Features

  • Window features: Double Pane Windows,Metal
  • Flooring: Vinyl
  • Number of fireplaces: 2
  • Fireplace features: Two,Living Room,Wood Burning Stove
  • Fireplace: Yes

Heating & Cooling

  • Heating features: Wood,Wall Furnace
  • Cooling features: Central Air

Property

Details

  • Parcel number: 077216010000
  • Zoning description: Checking
  • Special condition: Standard

Features

  • Patio & porch: Covered,Deck,Patio
  • Exterior features: Shed
  • Fencing: None

Lot

  • Lot size: 0.34 Acres
  • Features: Flat

Parking

  • Parking features: None,Unpaved

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Wildfire
    WildfireRelatively High
  • Winter Weather
    Winter WeatherRelatively High
  • Earthquake
    EarthquakeModerate
  • Inland Flooding
    Inland FloodingModerate

How This Home’s Risks Compare

Wildfire
Winter Weather
Earthquake
Inland Flooding

FEMA Declared Disasters in Lassen County and California

Earthquake
Flood
Mud Landslide
Severe Storm
Tropical Storm
Winter Storm

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $758$9,096
Home Insurance *$134$1,608
Property Taxes $227$2,724
Electricity $398$4,786
Total$1,517$18,204
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$52,011/yr
40% on housing$45,510/yr
45% on housing$40,453/yr

California FAIR Plan Programs

California FAIR Plan Association

Covered
WildfireWildfire
Visit Website →
Current Policies
Residential: 417,310Commercial: 13,990
Total Premiums$1.42B
Total Exposure$429.84B

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 15.1%
15.1%
0%30.0%
Electricity Growth Rate10-year average: 4.3%
4.3%
0%15.0%
Property Taxes Growth Rate2-year average: -0.1%
-0.1%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

--This listing

vs Other Active Listings

Avg $/sqft

ZIP 96130$160
Lassen County$186

vs Homes Sold Last Month

Median $/sqft

ZIP 96130$172
Lassen County$148

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

Price History

DateEventPrice
2026-05-15Listed for sale$150,000
2025-05-19Sold$67,000
2004-04-28Sold$167,500

For Sale by Agent

AgentIsabella M Anderson
BrokerageSmith Properties

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