Off Market

11670 Garnet Way, #4, Auburn, CA 95602

11670 Garnet Way, #4, Auburn, Placer, CA, 95602
3 months ago
Views: 10

$189,499(Negotiable)

Overview

3474043

Type

Condominium

Parking

Beds

Baths

Sqft

840

Build Year

1971

Purpose

For Sale

About This Listing

Investor Opportunity with Immediate Cash Flow – This is a clean two bed one bath condo in Auburn Greens that already has a solid tenant in place paying $1,640 per month. You earn income from day one. The unit was updated at the last turnover with new flooring, paint, and appliances so you’re not stepping into a rehab project. At the $189,499 list price the property performs at about a 7.6 percent cap rate with very low operating costs since the HOA covers exterior maintenance and the property is professionally managed. Net income is roughly $14,844 per year. The tenant is locked in through July 2026 which gives you stability and predictable cash flow. This works well as a simple long term hold or as a 1031 replacement for someone who wants a straightforward rental without headaches. Seller is keeping Huber Property Management on board to make the transition easy. Strong numbers. Low risk. Easy ownership. This is a clean investment play in a tight Auburn market. Submit your offer.

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MetroList CA data Last Updated: January 5, 2026, 4:04 pm

Data Source: SACM