This 5 unit property presents an excellent opportunity for investors looking to capitalize on a well-maintained asset with upside potential. This property features a mix of remodeled units and ready-to-improve units, offering immediate income and future rental growth potential. 3 units were remodeled in 2022/2023, the remaining units are primed for updates, allowing for rent increases and enhancing overall property value. No HOA. Tenants responsible for all utilities, ensuring simplified management and lower operational costs. Located near shopping, hospital, public transportation.
The median home value in Auburn, CA is $605,600. This is lower than the county median home value of $642,000. The national median home value is $338,100. The average price of homes sold in Auburn, CA is $605,600. Approximately 57% of Auburn homes are owned, compared to 36.62% rented, while 6.38% are vacant. Auburn real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you see a property you’re interested in, contact a Auburn real estate agent to arrange a tour today!
Auburn, California 95602 has a population of 13,738. Auburn 95602 is less family-centric than the surrounding county with 24.04% of the households containing married families with children. The county average for households married with children is 34.43%.
The median household income in Auburn, California 95602 is $72,409. The median household income for the surrounding county is $99,734 compared to the national median of $69,021. The median age of people living in Auburn 95602 is 48.2 years.
The average high temperature in July is 92.4 degrees, with an average low temperature in January of 36.4 degrees. The average rainfall is approximately 38.3 inches per year, with 1.1 inches of snow per year.