Garnet Way #4
Auburn, CA 95602
2
Bed
1
Bath
840Sqft
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
Property Details
Map
Map
Features
-
Bedroom Information
Total beds: 2 Window Feature: Dual Pane FullBathroom Information
Total Baths: 1 Full Baths: 1 Primary Bedroom Features: ClosetWater/Sewer
Sewer: Public SewerRoom Information
Total Bedroom: 2 Window Feature: Dual Pane Full -
Flooring Information
Carpet, Linoleum, Tile -
Roofing Information
Composition -
Interior Features
Roof: Composition Appliances: Dishwasher, Microwave Laundry Features: See Remarks -
Heating & Cooling
Heating: Central Cooling: Ceiling Fan(s), Central WaterSource: Public -
Energy
Green Energy: Appliances -
Fireplace
Number of Fireplaces: 0 Fireplace Features: 0
-
Building Information
Year Built: 1971 Construction Materials: Stucco, Frame Roof: Composition Foundation Details: Slab -
Exterior Features
BalconyFoundation Details: SlabPorch: Front Porch -
Pool Information
Private Pool: YesCommon Facility -
Road Types
Asphalt -
Pool Features
Common FacilityLaundry Features
See RemarksPatio And Porch
Front Porch
-
Lot Information
Lot Description: Court, Curb(s), Landscape Back, Landscape Front Stories: 1 Main Square Feet: 840Property Information
Property Type: Residential Sub Type: Condominium SQ ft (Living Area): 840 Construction Materials: Stucco,Frame Property Age: 55 Cross Street: Quartz Drive Source Neighborhood: 12301 Postal Code Plus 4: 2450 Area: Auburn S: 95602 Zoning: CONDO, SINGLE FAM RES Living Area Source: Assessor Auto-Fill Structure Type: AttachedFarm Info
Irrigation Source: None
-
Listing Price Information
Listing Id: 225123201 List Price: $189,499 List Price Tot SqFt: $226
-
Tax Information
Parcel Number: 051-250-039-540
-
Parking Information
Attached, Covered, Uncovered Parking Spaces 2+Homeowners Association InformationAssociation YN: Yes Included Fees: MaintenanceExterior, MaintenanceGrounds, Pool Included Amenities: Barbeque,Playground,Pool,Dog Park,Recreation Facilities,Greenbelt,Laundry Coin Calculated Total Monthly Association Fees: $$294.00 Association Fee Frequency: Monthly
-
Elementary School District: Auburn UnionJunior High School District: Auburn UnionSenior High School District: Placer Union High
-
Utility Information
Electric Electric: See Remarks -
Location Information
Direction: 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.
How much is this property worth?
Curious about this home's true market value? Use our free Home Evaluation Tool to instantly get a personalized Comparative Market Analysis (CMA) report. Make smarter, data-driven decisions before you buy.
Nearby Home Value
| Address | Estimate | Bed | Bath | Sq. Ft | Lot Size |
|---|---|---|---|---|---|
| Galena Drive #2, Auburn, CA, 95602 | $219,000 | 2 | 1 | 922 | -- |
| Quartz Drive #3, Auburn, CA, 95602 | $195,000 | 2 | 1 | 922 | -- |
| Cramer Road, Auburn, CA, 95602 | $1,275,000 | 3 | 3 | 2,076 | -- |
| Joeger Road, Auburn, CA, 95602 | $605,000 | 3 | 2 | 1,488 | -- |
| Town Court #3, Auburn, CA, 95602 | $225,000 | 2 | 1 | 922 | -- |
| Galena Drive #4, Auburn, CA, 95602 | $189,999 | 2 | 1 | 844 | -- |
| Garnet Way #3, Auburn, CA, 95602 | $210,000 | 2 | 1 | 922 | -- |
| Quartz Drive #3, Auburn, CA, 95602 | $219,000 | 2 | 1 | 922 | -- |
| Galena Drive #4, Auburn, CA, 95602 | $199,000 | 2 | 1 | 844 | -- |
| Park Drive #3, Auburn, CA, 95602 | $219,500 | 2 | 1 | 922 | -- |
Similar Condos To Garnet Way #4
Nearby For Sale
ByOwner last updated this listing 09/03/2026 @ 09:26
More Cities with for Sale by Owner Homes
- Auburn Homes For Sale By Owner
- Meadow Vista Homes For Sale By Owner
- Applegate Homes For Sale By Owner
- Newcastle Homes For Sale By Owner
- Penryn Homes For Sale By Owner
- Weimar Homes For Sale By Owner
- Grass Valley Homes For Sale By Owner
- Lincoln Homes For Sale By Owner
- Cool Homes For Sale By Owner
- Colfax Homes For Sale By Owner
- Loomis Homes For Sale By Owner
- Pilot Hill Homes For Sale By Owner
- Sheridan Homes For Sale By Owner
- Greenwood Homes For Sale By Owner
- Lotus Homes For Sale By Owner
- Foresthill Homes For Sale By Owner
- Rocklin Homes For Sale By Owner
- Smartsville Homes For Sale By Owner
- Wheatland Homes For Sale By Owner
- Penn Valley Homes For Sale By Owner
Homes around $189,499
Verify Your Email
Please enter the 6-digit verification code
sent to your email address.
Verify Your Phone Number
Please enter the 6-digit verification code
sent to your mobile phone.