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    296 California Street

    Auburn, CA 95603
    • $1,749,000
    • STATUS: Active
    • ON SITE: 21 days
    • MLS #: 20074731
    UPDATED: 29 min ago
    $1,749,000
    • 0
      BEDS
    • 1
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1915
    County:
    Area:

    School Information

    Elementary School:
    Middle School:
    High School:
    School District:

    Description

    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. Seller financing is available with large down for qualified buyers. See video for overview of this rare find!

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    © 2021 MetroList® MLS. All rights reserved. All measurements and all calculations of area are approximate. Information provided by Seller/Other sources, not verified by Broker. All interested persons should independently verify accuracy of information. Provided properties may or may not be listed by the office/agent presenting the information. Data last updated 2021-01-22T16:39:05.45. MetroList® MLS Terms of Use. IDX provided by BoomTown.
    www.merlinohometeam.com/homes/112943799
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    296 California Street Auburn, CA 95603

    • Price: $1,749,000
    • Status: Active
    • Updated: 29 min ago
    • MLS #: 20074731
    0
    Beds
    0
    Baths
    0
    ½ Baths
    1
    Acres
    1915
    Built
    Neighborhood:
    Auburn
    County:
    Placer
    Area:
    Auburn
    Elementary School:
    Auburn Union
    Middle School:
    Auburn Union
    High School:
    Placer Union High
    School District:
    Placer
    Property Description
    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. Seller financing is available with large down for qualified buyers. See video for overview of this rare find!
    Exterior Features

    Architectural Style VictorianCottage/Bungalow Carport Spaces 0 Construction Materials FrameLap SidingShingle SidingStuccoWood Covered Spaces 0 Foundation RaisedSlab Independent Parking Spaces 0 Levels Multi/Split Num Of Floors 0 Num Of Guest Spaces 0 Open Parking Spaces 0 Parking Features CarportGarageStreet1+ Space Per Unit Patio And Porch Features Varies By Unit Roof Composition Tandem Parking Spaces 0 Total Parking Spaces 0

    Interior Features

    Appliances Varies By Unit Cooling CentralWindow Unit(S) Flooring Varies By Unit Heating CentralFireplace Insert Num Of Rooms 0 Num Of Studio Units 0 Num Of1 Bedroom Units 2 Num Of2 Bedroom Units 2 Num Of3 Bedroom Units 3 Num Of4 Bedroom Units 0 Unit1 Approx Sq Ft 0 Unit1 Bedrooms 3 Unit1 Full Baths 3 Unit1 Partial Baths 0 Unit1 Rent 2250 Unit1 Rooms 0 Unit2 Approx Sq Ft 0 Unit2 Bedrooms 3 Unit2 Full Baths 1 Unit2 Partial Baths 0 Unit2 Rent 1600 Unit2 Rooms 0 Unit3 Approx Sq Ft 0 Unit3 Bedrooms 2 Unit3 Full Baths 1 Unit3 Partial Baths 0 Unit3 Rent 1300 Unit3 Rooms 0 Unit4 Approx Sq Ft 0 Unit4 Bedrooms 1 Unit4 Full Baths 1 Unit4 Partial Baths 0 Unit4 Rent 1350 Unit4 Rooms 0 Units Furnished None

    Property Features

    1 Bedroom Annual Occupancy 0 2 Bedroom Annual Occupancy 0 3 Bedroom Annual Occupancy 0 4 Bedroom Annual Occupancy 0 Association Features Varies By Unit Association Fee 0 Association YN No Elevation 0 Income Includes Rent Only Lease Deposit 0 Num Of Commercial Units 0 Operating Expense Includes Utilities Other Equipment Varies By Unit Property Subtype 5 Or More Units Property Type Residential Income Sewer Public Sewer Special Listing Conditions None Studio Annual Occupancy 0 Tenant Pays Cable TvElectricityWater Water Source Meter On Site Zoning Apartment

    Listing provided courtesy of Allison James Estates & Homes. Listing information © 2021 MetroList Services, Inc.


    © 2021 MetroList® MLS. All rights reserved. All measurements and all calculations of area are approximate. Information provided by Seller/Other sources, not verified by Broker. All interested persons should independently verify accuracy of information. Provided properties may or may not be listed by the office/agent presenting the information. Data last updated 2021-01-22T16:39:05.45. MetroList® MLS Terms of Use. IDX provided by BoomTown.
     
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