Sold
296 California Street
Auburn CA, 95603
$1,550,000
$35.58 per sqft
Sold
9 Beds
43,560 sqft
Multi-family
Built in 1915
Here's the long term, cash-flowing, well maintained investment you've been waiting for. This one of a kind 6 unit property is brimming with opportunity. The units include, a gorgeous victorian, 3 stand alone homes with private yards and a duplex, all within a block of the downtown Auburn shops and within a block of Placer High School. Live in the victorian and rent out the other units, or rent them all for a gross income of $9,000/month. All units have been thoughtfully remodeled and/or upgraded with premium materials and in keeping the charming character of each unit. Each unit has been landscaped to provide private outside living. Additionally, the complex provides a small orchard and raised garden beds in the common area. Units have been historically very easy to rent. Rents are currently below market value for tenant retention. All tenants intend to stay long term. See video for overview of this rare find!
20074731
MLSⓇ ID
March 9, 2024
Updated
Interior Features
Total Stories
2
Bedrooms
9
Full Bathrooms
6
Fireplace
No
Cooling
Yes
Cooling Description
Central Air, Window Unit(s)
Heating
Yes
Heating Description
Central, Fireplace Insert
Exterior/Building Features
Lot Size
1 Acre
Architectural Style
Victorian
Roof
Composition
Sewer
Public Sewer
School Information
School District
Auburn Union
Other Property Details
Area Name
12301
Garage
No
View
No
County
Placer
Pool
No
Zoning
Apartment
Courtesy of Allison James Estates & Homes, April Noessel,
Listing Contact:
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