381 Foresthill Avenue, Auburn, CA 95603, Auburn, 95603 - 0 bed, 0 bath
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Auburn, CA 95603
Analysis of 381 Foresthill Avenue, Auburn, CA 95603 is currently available with a list price of $485,000. The property maintains a Good Condition Rating (78/100), reflecting solid structural condition with well-maintained systems. The property presents an attractive opportunity for buyers seeking a move-in ready home. Located in a high-demand neighborhood within the Auburn Unified School District, this asset is categorized as a low-risk, high-reward acquisition suitable for both Buy-and-Hold Investors and Owner-Occupants willing to undertake light renovation work.
Property is move-in ready.
The property, built in 1945, has undergone substantial renovations within the last eight years, making both cottages move-in ready. Interiors feature updated LVP/laminate flooring, fresh paint, and modern mini-split AC units. While the galley kitchens and bathrooms are clean and fully functional, their styles (e.g., oak-style cabinets, laminate countertops, older tile patterns) appear somewhat dated rather than newly built or extensively modernized, preventing an 'Excellent' rating. However, all major systems are well-maintained, and no immediate renovations are required, aligning with a 'Good' condition.
High School: Colfax High School (9/10).
The property features two cottages with reliable long-term tenants already in place, offering immediate and stable rental income for investors.
Situated in Auburn's sought-after Aeolia area, known for its charming vintage homes, tree-lined streets, and a highly desirable living environment.
Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =3524, other record lot size in square feet = 3396. Living area discrepancy between mls listing and other public or private record. mls listing living area = 650, other record living area = 1241.
Built in 1945, the property's older foundational elements and systems, despite recent renovations, may still require ongoing maintenance or future upgrades compared to newer builds.
Each cottage is approximately 645 sq. ft., which could be a limiting factor for tenants or buyers seeking more spacious living areas, potentially narrowing the market appeal.
Discover two charming cottages on one lot in one of Auburn's most desirable and historic neighborhoods. The Aeolia area is known for its vintage homes, tree-lined streets, and easy access to canyon trails, creating a highly sought-after living environment. The first home offers 1 bedroom, 1 bathroom, a spacious galley kitchen, a large partially covered front deck, a private backyard, and a detached laundry and storage building for laundry area. The second home features 2 bedrooms, 1 bathroom, its own laundry room, a full galley kitchen, a covered private rear patio, and a welcoming front porch. Both cottages are approximately 645 sq. ft. each (per appraiser) and have received substantial renovations over the past eight years. Currently occupied by reliable long-term tenants with leases in place, this property provides immediate income potential in one of Auburn's most established neighborhoods.
No exterior & parking available.
Grades 9-12 • 1.0 mi
Grades 9-12 • 14.8 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 0.0 | 4.0 | 40% |
| Baths | 0.0 | 2.0 | 40% |
| Square foot | 650 | 650 | 50% |
| Lot Size | 3,524 | 15,420 | 40% |
| Price | $450.0K | $555.0K | 40% |
| Price per sq ft | $692 | $278 | 60% |
| Built year | 1945 | 1949 | 40% |
| HOA | $0 | $0 | 50% |
| Days on market | 208 | 208 | 60% |
Nov 26, 2025
$450,000
Public Record
Apr 12, 2018
$247,500
Public Record