Investor Opportunity - Turnkey Cash Flow in Auburn Greens! Don't miss this fully leased 2-bed, 1-bath condo in desirable Auburn Greens. Freshly updated with new flooring, paint, and appliances at the last turnover and offering instant income from Day 1. Currently rented at $1, 640/month (base rent $1, 395 + $245 utility reimbursement), this property delivers a strong 7.6% cap rate at the $195, 000 list price with ultra-low expenses (only HOA + professional management). Net income of ~$14, 844/year with a dependable tenant in place through July 2026, making this an ideal set-it-and-forget-it rental or 1031 exchange replacement. Seller prefers to keep trusted Huber Property Management on board post-sale to ensure seamless continuity. Great location, great numbers, and hassle-free ownership. This is the investor's trifecta. Submit your offer today before it's gone!
Property Features
Bedrooms
- Bedrooms: 2
- Primary Bedroom Features: Closet
Bathrooms
- Total Bathrooms: 1
- Full Bathrooms: 1
Appliances
Heating and Cooling
- Cooling Features: Ceiling Fan(s), Central
- Heating Features: Central
Kitchen and Dining
- Dining Room Features: Dining/Family Combo
- Kitchen Features: Granite Counter, Stone Counter
Interior Features
- Flooring: Carpet, Linoleum, Tile
- Window Features: Dual Pane Full
Other Rooms
- Living Room Features: Deck Attached
Exterior and Lot Features
- Balcony
- Patio And Porch Features: Front Porch
- Road Surface Type: Asphalt
Pool and Spa
- Pool Features: Common Facility
- Pool Private: Yes
Garage and Parking
- Carport Spaces: 1
- Driveway: Paved Sidewalk, Shared Driveway, Maintenance Agreement, Sidewalk/Curb/Gutter
- Garage Description: Attached
- Open Parking Spaces: 1
- Parking Features: Attached, Covered, Uncovered Parking Spaces 2+
Land Info
- Lot Description: Court, Curb(s), Landscape Back, Landscape Front
- Lot Dimensions Source: SqFt
Amenities and Community Features
- Barbeque
- Playground
- Pool
- Dog Park
- Recreation Facilities
- Greenbelt
- Laundry Coin
Homeowners Association
- Association: Yes
- Association Fee: 294
- Association Fee Frequency: Monthly
- Association Fee Includes: Common Areas, Pool, Insurance on Structure, Maintenance Exterior, Maintenance Grounds
- Calculated Total Monthly Association Fees: 294
School Information
- Elementary School District: Auburn Union
- High School District: Placer Union High
- Middle or Junior School District: Auburn Union
Condo Info
- Unit Location: Top Floor, Unit Below, Upper Level
Other Property Info
- City Region: Auburn
- Source Listing Status: Active
- County: Placer
- Cross Street: Quartz Drive
- Directions: From I-80, take the Bell Road exit and head west. Turn left on Quartz Drive, then right on Garnet Way. Property is located at 11670 Garnet Way #4, Auburn Greens condo complex. Unit is in the rear building park in visitor spaces near building signage.
- Disclaimer: All data, photos, visualizations, and information regarding a property, including the property’s compliance with state and local legal requirements and all measurements and calculations of area, have been obtained from various sources, and may include such material that has been generated by use of artificial intelligence. Such information and material have not been and will not be verified for accuracy by the listing broker or the multiple listing service, and are not guaranteed as complete, ac
- Source Property Type: Residential
- Area: 12301
- Property Subtype: condo
- Source Neighborhood: 12301
- Parcel Number: 051-250-039-540
- Postal Code Plus 4: 2450
- Zoning: CONDO, SINGLE FAM RES
- Property Subtype: Condominium
- Source System Name: C2C
Building and Construction
- Total Square Feet Living: 840
- Year Built: 1971
- Construction Materials: Stucco, Frame
- Foundation Details: Slab
- Levels: One
- Living Area Source: Assessor Auto-Fill
- Property Age: 54
- Property Condition: Updated/Remodeled
- Roof: Composition
- Levels or Stories: 1
- Structure Type: Attached
- Year Built Source: Assessor Auto-Fill
Utilities
- Sewer: Public Sewer
- Electric
- Water Source: Public
Home Features
- Green Energy Efficient: Appliances
- Security Features: Carbon Mon Detector, Smoke Detector