12365 Reba Road, Auburn, CA 95603, Auburn, 95603 - 5 bed, 4 bath
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Auburn, CA 95603
This Versatile Residential Income Triplex is a High-Potential Investment Opportunity, listed at $797,000—positioned below the $809,871 Fair Market Value by 1%. This valuation gap provides $12,871 in Instant Equity. Generating a robust $5,950 monthly gross income, the property features a 3-bedroom main home and a recently updated duplex on a secluded half-acre lot with forested views. Maintaining a Condition Rating of 3, the asset includes a rare 3-car garage and dedicated RV parking. This is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking a high-yield house-hack.
Property is move-in ready.
The property is move-in ready and appears well-maintained across all units. While the main residence, built in 1966, features a kitchen and bathroom with somewhat dated styles—such as the blue and white checkered tile countertops and older white appliances—everything is functional and clean. The duplex units provide a significant boost to the overall quality, having been recently updated with modern features including hardwood flooring, butcher block and concrete countertops, and contemporary lighting fixtures. The exterior, decking, and large 3-car garage also show signs of regular upkeep.
The property generates a robust gross monthly rental income of $5,950, providing an excellent opportunity for investors seeking strong cash flow in the Auburn market.
The unique setup of a detached 3-bedroom main home plus a separate updated duplex on over half an acre offers maximum flexibility for owner-occupants or multi-generational living.
The property features a rare 3-car garage, dedicated RV/trailer parking, and a massive 1,240 sqft basement, catering perfectly to tenants or owners with multiple vehicles and storage needs.
Living area discrepancy between mls listing and other public or private record. mls listing living area = 2490, other record living area = 2452. Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 5, other record bedroom count = 2.
The main three-bedroom residence only offers 1.5 bathrooms, which may be viewed as a drawback for modern families or high-end rental demand.
Built in 1966, the property may require more intensive long-term maintenance of major systems compared to newer builds, despite the recent cosmetic updates to the duplex units.
A rare find in Auburn! 2415 Short Lane is a gorgeous 3 bedroom, 1.5 bathroom, one story, 1,250 sqft home with a 3 car garage on a large secluded lot...but...BUT it comes with a charming duplex on the other side of the property off of Reba Lane!! The main home on Short Lane has beautiful vaulted ceilings in the family room, large windows overlooking lush trees and landscaping, with peaceful decks and porches for relaxing. The home's cute kitchen has white cabinets and appliances with stylish tile countertops and backsplash. The large driveway with 3 car garage can hold many cars and trucks. Plus, there is an additional parking area for trailers, RV's, etc. This is the perfect Auburn home conveniently located close to everything with a long private driveway for quiet and seclusion. The duplex at 12365 Reba Lane is the perfect compliment to this already ideal property. Both of the units have 1 large bedroom, 1 bathroom, comfortable living spaces and have been updated throughout. Gorgeous hardwood flooring, butcher block wood and concrete countertops, modern lighting, fresh paint, new faucets and fixtures, and full height tile backsplashes. Plus each unit has their own parking and side yard areas for outdoor living, BBQ's, relaxing, a garden, etc. An additional 1,240 sqft of basement under the duplex allows room for storage and also houses the shared laundry area. Over a half acre of property means plenty of elbow room and plenty of options. This property is a true piece of gold in the heart of Auburn's Gold Country - at current lease rates monthly gross rental income is $5,950 per month ($71,400 annually).
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 5.0 | 4.0 | 60% |
| Baths | 4.0 | 3.0 | 60% |
| Square foot | 2,490 | 2,084 | 80% |
| Lot Size | 24,990 | 17,781 | 80% |
| Price | $797.0K | $610.0K | 80% |
| Price per sq ft | $320 | $278 | 60% |
| Built year | 1966 | 1958 | 60% |
| HOA | $0 | $0 | 50% |
| Days on market | 41 | 208 | 20% |
Mar 12, 2026
$797,000
Initial Listing
Jan 17, 2020
$590,000
Public Record
Mar 31, 2011
$310,000
Public Record
Feb 14, 2006
$614,409
Public Record