
Auburn, CA 95603
4 units, 2 duplex side by side. Excellent investment opportunity in the heart of Auburn. These units could be generating around $7,000k monthly. This property includes two side-by-side duplexes, offering a total of four well-maintained units each approximately 750 sq. ft. with two bedrooms, one bathroom, and indoor laundry. Two of the units have been thoughtfully remodeled in recent years and are currently vacant, while the other two are occupied, providing immediate rental income. Situated on a spacious lot, the setting is quiet and private, yet conveniently close to town, schools, parks, shopping, and freeway access. Whether you're looking to expand your portfolio or live in one unit while renting the others, this centrally located property offers versatility, comfort, and long-term potential in a desirable Auburn neighborhood.
Property is moderate renovation needed.
Built in 1964, this quadruplex features a mixed condition. While two units have been recently remodeled with updated kitchens (new cabinets, countertops, backsplash, appliances), modern flooring, and refreshed bathrooms, the other two units are functional but show signs of being outdated with older kitchen styles and flooring. All units appear to rely on wall heaters and window AC units, indicating older HVAC systems. The property is maintained, but the overall age and inconsistent updates across all units, particularly the outdated major systems, place it in the 'Fair' category, requiring further updates to bring all units to a consistent, modern standard.
This quadruplex offers significant rental income potential, estimated at $7,000 per month, making it an attractive investment for portfolio expansion.
Centrally located in Auburn, the property provides convenient access to schools, shopping, parks, and freeway access, appealing to a wide range of tenants.
Two units are currently occupied, providing immediate rental income, while two recently remodeled and vacant units offer flexibility for market-rate leasing or owner-occupancy.
Built in 1964, the property's age suggests potential for older systems and infrastructure, which may require significant capital expenditures in the un-remodeled units or common areas.
Only two of the four units have been remodeled, indicating a disparity in condition that may necessitate further investment to standardize or upgrade the remaining units.
The stated $7,000 monthly income is a projection, and actual market rents for all units, especially the un-remodeled ones, would need thorough verification to confirm the investment's financial viability.
No exterior & parking available.
No sensitive facilities data found.
Apr 9, 2025
$970,000
Initial Listing