
Auburn, CA 95602
This property represents a High-Potential Investment Opportunity, listed at $215,000—positioned slightly above the $207,787 Fair Market Value. Despite the premium, the asset delivers a strong 10.3% gross rental yield with an established tenant history. Featuring a Good Condition Rating following a 2017 renovation, the unit includes modern appliances, updated flooring, and two parking spaces. With proximity to Colfax High School (9/10) and local amenities, this stable, low-maintenance property is an ideal acquisition for Buy-and-Hold Investors or first-time buyers seeking immediate rental income.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 3521 Town Ct #3 Subject 2 bd · 1 ba · 922 sqft · $221 | $210,000* List Price | 2 | 1 | 922 | $221 | - |
A 3511 Town Court 4 Sold 2 bd · 1 ba · 840 sqft · $202 · 0.0 mi | $170,000 | 2 | 1 | 840 | $202 | 0.0 mi |
B 3675 Sapphire Drive 2 Sold 2 bd · 1 ba · 922 sqft · $240 · 0.2 mi | $221,500 | 2 | 1 | 922 | $240 | 0.2 mi |
C 11680 Garnet Way 4 Sold 2 bd · 1 ba · 840 sqft · $226 · 0.1 mi | $190,000 | 2 | 1 | 840 | $226 | 0.1 mi |
D 3763 Park Drive 4 Sold 2 bd · 1 ba · 840 sqft · $219 · 0.3 mi | $184,000 | 2 | 1 | 840 | $219 | 0.3 mi |
E 11493 Quartz Drive 1 Sold 2 bd · 1 ba · 803 sqft · $237 · 0.3 mi | $190,000 | 2 | 1 | 803 | $237 | 0.3 mi |
F 3521 Town Court 3 Active 2 bd · 1 ba · 922 sqft · $244 · 0.0 mi | $225,000 List Price | 2 | 1 | 922 | $244 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
The property underwent a comprehensive renovation in 2017 (approximately 7-8 years ago), which includes an updated kitchen with modern cabinetry, countertops, and appliances, along with new flooring and windows. While the structure dates to 1971, the refreshed electrical and plumbing fixtures and the overall move-in ready condition align with the 5-15 year renovation criteria for a Good rating.
Sale price $215,000. Current rent $1,850/MO. Financing available for eligible buyers. This 2 bedroom condo generates approximately $22,200 in annual rental income. An amazing opportunity for investors, first-time buyers, or anyone seeking affordable Auburn living. IMPORTANT COMMUNITY DISTINCTION: Auburn Greens consists of two separately operated HOAs. This property is located in Auburn Greens HOA #1, with current dues of approximately $297/month. Most Auburn Greens properties currently offered for sale are in separate HOA #2. The associations have separate dues, financials, assessment history, and governing documents. Buyers are encouraged to compare HOA information specific to each property. The HOA1 is responsible for walls out maintenance. PROPERTY HIGHLIGHTS: Updated in 2017 with new windows, modern flooring, fresh paint, updated cabinetry and countertops, new interior doors and appliances, plus refreshed electrical and plumbing fixtures. Enjoy two assigned parking spaces-one covered/enclosed with a garage door and one uncovered-plus three private storage closets. PRIME LOCATION: Minutes from Target, Home Depot, restaurants, the hospital, and public transit, and approximately 10 minutes from historic Downtown Auburn. Nearby Auburn Regional Park offers disc golf, pickle ball, ball fields, basketball courts, BBQ areas, and playgrounds. Auburn Greens offers accessible housing, consistent rental demand, and an appealing low-maintenance option for investors and owner-occupants alike. Ready to explore the opportunity? Schedule your viewing today and see how this established Auburn property may fit your goals!.
No exterior & parking available.
Grades 9-12 • 3.8 mi
Grades 9-12 • 13.4 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 2.0 | 2.1 |
| Baths | 1.0 | 1.2 |
| Square foot | 922 | 948.667 |
| Lot Size | - | 5,797.667 |
| Price | $210.0K | $230.3K |
| Price per sq ft | $228 | $240 |
| Built year | 1971 | 1977 |
| HOA | $297 | $373 |
| Days on market | 95 | 90 |
Oct 15, 2026
$210,000
$215,000
-2% Price Drop
Initial Listing
Sep 3, 2026
$215,000
Initial Listing
Sep 24, 2015
$74,000
Public Record
Apr 29, 2005
$155,000
Public Record
Jul 18, 1997
$30,000
Public Record