Zumper
modified
Updated 5+ Days Ago

Highlights

  • Off-street parking
  • Mix of carpet and luxury vinyl plank flooring throughout
  • Onsite coin-operated laundry

Location

1555 Olive Ave, Redding, CA 96001, USA|Magnolia
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Contact

Management

Real Property Management, Inc.

Leasing office

(530) 244-2444

Property Overview

1555 Olive Avenue offers strong value, standout amenities, and a highly convenient location, earning an overall expert rating of 8.8 out of 10 with especially high marks for price and amenities. Notable features include off-street parking, a mix of carpet and luxury vinyl plank flooring, and onsite coin-operated laundry, while nearby grocery and public transit options add to its practical appeal.

This summary uses Zumper’s proprietary data. “Zumper Expert Ratings” and “Things you’ll love” are based on our internal analyses of market trends and renter insights.

Zumper Expert Rating

8.8
Very Good
With a solid 8.8 out of 10 overall, 1555 Olive Avenue is a great option for renters. While some aspects, like Quality, might not be as distinguished as other properties nearby, 1555 Olive Avenue has a number of attractive features—namely its Price— so you can be assured your rent will come with a high standard of living.

Things you’ll love

  • Middle school nearby
  • Less expensive
  • More space

Floor plans

2BR/1.0BA2 bed1 bath900 sqft$1,199 /mo1 unit availableDiscover this upstairs 2-bedroom, 1-bath apartment in Redding, CA, featuring a mix of carpet and luxury vinyl plank flooring throughout. The kitchen offers oak cabinets and lots of cabinet space for storage. Climate comfort is provided by electric wall AC and electric baseboard heating, plus an additional wall heater. Onsite coin-operated laundry adds convenience, and off-street parking is available. Located near shopping and restaurants, this unit combines practical amenities with a convenient location. *New photos coming soon **Move in date it subject to change At Real Property Management, Inc. we strive to provide an experience that is cost-effective and convenient. That’s why we provide a Resident Benefits Package (RBP) to address common headaches for our residents. Our program handles insurance, pest control, air filter changes, utility set up, credit building (optional) and more at a rate of $50.45/month, added to every property as a required program. More details upon application. Total Monthly Payment (Rent + RBP) *If you provide your own insurance policy, the RBP cost will be reduced by the amount of the insurance premium billed by Second Nature Insurance Services (NPN No. 20224621).

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Amenities for 1555 Olive Avenue

Apartment Amenities

Air ConditioningCarpet
Electric Baseboard HeatLots of Cabinet Space
Luxury Vinyl Plank FlooringWall Heater

Appliances

DishwasherElectric Range
RangeRefrigerator

Building

Coin Op Laundry On-siteNon-Smoking Unit
Onsite Laundry

Grounds

Off-Street Parking

Services

Water & Garbage

Neighborhood

Near RestaurantNear Shopping
Units, floor plans, amenities, dimensions, details, availability, and prices may be approximate and subject to change. Please contact a community representative for more information.

Policies and fees

Applicants

Applicants

One-time.

Contact Property

REQUIRED FEES

Security Deposit

One-time. Refundable.

Contact Property
Building details

Property details

Units5
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About 1555 Olive Avenue

HomeApartments in ReddingMagnolia 1555 Olive Avenue

Discover this upstairs 2-bedroom, 1-bath apartment in Redding, CA, featuring a mix of carpet and luxury vinyl plank flooring throughout. The kitchen offers oak cabinets and lots of cabinet space for storage. Climate comfort is provided by electric wall AC and electric baseboard heating, plus an additional wall heater. Onsite coin-operated laundry adds convenience, and off-street parking is available. Located near shopping and restaurants, this unit combines practical amenities with a convenient location. *New photos coming soon **Move in date it subject to change At Real Property Management, Inc. we strive to provide an experience that is cost-effective and convenient. That’s why we provide a Resident Benefits Package (RBP) to address common headaches for our residents. Our program handles insurance, pest control, air filter changes, utility set up, credit building (optional) and more at a rate of $50.45/month, added to every property as a required program. More details upon application. Total Monthly Payment (Rent + RBP) *If you provide your own insurance policy, the RBP cost will be reduced by the amount of the insurance premium billed by Second Nature Insurance Services (NPN No. 20224621).


Zumper Expert Rating

Our expert rating is based on a weighted average score of property attributes that renters care about most: price, amenities, location, quality, and trust.
8.8
/10
Very Good
With a solid 8.8 out of 10 overall, 1555 Olive Avenue is a great option for renters. While some aspects, like Quality, might not be as distinguished as other properties nearby, 1555 Olive Avenue has a number of attractive features—namely its Price— so you can be assured your rent will come with a high standard of living.
How we rated 1555 Olive Avenue
Price·10A score that weighs the cost and location of the property, which we calculate by comparing rent prices of recent units to the median price of nearby rentals, adjusting for overall quality and features.
1555 Olive Avenue offers an excellent balance between price and value. It's priced competitively for its amenities, location, and other key features. Compared to the median price per bedroom in the area, this property is less than, or about the same as, nearby rentals, so residents can expect great value without too many compromises on their desired standard of living.
Amenities·10A score based on the amenities offered at this property compared to other rentals in the area. We consider the quantity, quality, and popularity of features both on site and within the units.
1555 Olive Avenue stands out as a premier property with an impressive array of amenities and an excellent standard of living. Residents here have access to many of the most popular and desired perks, making this one of the top choices for renters seeking unparalleled comfort and convenience.
Location·9A score based on proximity and ease of access to shops, restaurants, schools, and public transportation while considering the desirability of the area.
1555 Olive Avenue is exceptional when it comes to location and conveniences. Communication with management or leasing staff is usually quick and easy and they often use advanced scheduling and communication tools to streamline the process. The location of this property offers easy access to popular points of interest in the area and options for getting around.
Quality·6A score based on what makes the property stand out, such as luxury features, unique offerings, age of the building, and our ability to verify the accuracy of these details.
While 1555 Olive Avenue does not have many hallmark characteristics to highlight, it has some qualities and features that will resonate with a broad range of renters.
Trustworthiness·8A score based on the accuracy, completeness, recency, and usefulness of the information provided by this property, so you can trust that what you see is what you get.
The level of transparency this property provides distinguishes it as a great rental. With a high attention to detail and desirable features, renters can be sure they will get an accurate picture of their potential new home.

Property highlights

We compared every listing in the surrounding area to determine which amenities are most common. If a building lacks an amenity that most others in the area have, it is a con. If a building has an amenity most others in the area do not, it is a pro. Similarly, price, schools, and size are calculated relative to the size, price, and distance to schools of the other properties nearby.

How 1555 Olive Avenue compares to other nearby properties.

Positives

Middle school nearby
There is a middle school 0.1 mile away
Less expensive
The 2-bedrooms are cheaper than other similar listings nearby
More space
The 2-bedroom is 100 sqft larger than other listings nearby
Laundry available on site
Washers and dryers are available in-building or in-unit

Considerations

Lacks images
Fewer than 10 photos available for this location

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Rent trends in Magnolia

2-bedroom apartments at 1555 Olive Avenue cost about 7% less than the average rent price for 2-bedroom apartments in Magnolia.

Median rents as of Jul 18 2026.
Magnolia
Redding
A table of studio rental data trends in Redding
MonthMedian Rent
August 2024$850
September 2024$786
October 2024$799
November 2024$858
December 2024$885
January 2025$868
February 2025$881
March 2025$871
April 2025$868
May 2025$867
June 2025$938
July 2025$970
August 2025$909
September 2025$867
October 2025$812
November 2025$850
December 2025$850
January 2026$853
February 2026$917
March 2026$942
April 2026$979
May 2026$927
June 2026$946
July 2026$985
A table of studio rental data trends in Magnolia
MonthMedian Rent
October 2024$1,015
November 2024$1,347
July 2025$1,000
August 2025$995
September 2025$995
October 2025$890
November 2025$901
December 2025$953
January 2026$939

Affordability calculator

Can I afford to live at 1555 Olive Ave?

Bedrooms

2 bedrooms

Rent-to-income ratio

30%

Slide to adjust the percentage of your monthly income you are willing to spend on rent.
The general rule of thumb is to spend around 30% or less of your income on rent.
Recommended income

$47,960/yr

With your selected rent-to-income ratio, you'd ideally want to make $47,960 annually to afford this 2-bedrooms monthly rent price of $1,199.
For more information on rent affordability, visit our rent calculator.

Schools near 1555 Olive Avenue

Manzanita Elementary School

1240 manzanita hills ave

redding, CA, 96001

K-5Public
B+

Shasta County Special Education

3711 oasis rd

redding, CA, 96003

K-12Public

Shasta Elementary School

10446 red bluff rd

shasta, CA, 96087

K-8Public
B-

Grant Elementary School

8835 swasey dr

redding, CA, 96001

K-8Public
A

Igo-Ono Elementary School

6429 placer st

igo, CA, 96047

K-8Public
C-
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Internet available near 1555 Olive Avenue

Getting around Redding near 1555 Olive Ave

Walking

5/10
Some shops and stores are within a few minutes.

Driving

8/10
Commuting is easy with multiple accessible routes and plenty of parking.

Cycling

6/10
Peddling isn’t a problem with cyclist-friendly streets and bikeable destinations.

Transit

3/10
There are a few mass transit options within the area.

Points of interest for 1555 Olive Ave, Redding

Groceries

7/10
Wide variety of groceries within a short drive, including some within walking distance

Shopping

6/10
Variety of shops within a short drive

Cafes

6/10
Variety of cafés within a short drive

Restaurants

6/10
Wide variety of restaurants within a short drive, including some within walking distance

Primary schools

9/10
At least one elementary school within a 5-minute walk

High schools

7/10
At least one high school within a 15-minute walk

Nightlife

6/10
Variety of bars within a short drive

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