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Town Court #3

Auburn, CA 95602
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Bed 2

Bed

Bath 1

Bath

SqFt922

Sqft

$215,000 CURRENT RENT $1,850/MO. 10.3% GROSS RENTAL YIELD APPROVED FOR FINANCING FOR ELIGIBLE BUYERS. Established rental income in Auburn! Priced at $215,000 with a tenant paying $1,850/month and a seven-year established tenant history, this condo generates approximately $22,200 in annual rental income and offers a 10.3% gross rental yield based on the asking price. An appealing opportunity for investors, first-time buyers, or anyone seeking affordable Auburn living with rental income. IMPORTANT COMMUNITY DISTINCTION: Auburn Greens consists of two separately operated HOAs. This property is located in Auburn Greens HOA #1, with current dues of approximately $297/month. Most Auburn Greens properties currently offered for sale are in separate HOA #2. The associations may differ in dues, fi nancials, assessment history, and governing documents. Buyers are encouraged to compare HOA information specific to each property. INVESTMENT SNAPSHOT: Current rent $1,850/month Gross annual rent $22,200 HOA dues $297/month Current property taxes approx. $1,032/year Estimated taxes at purchase approx. $2,500/year* Insurance approx. $1,200/year Estimated cap rate approx. 7%, based on estimated taxes at purchase and before vacancy, maintenance, and repairs. HOA is responsible for walls out maintenance. PROPERTY HIGHLIGHTS: Updated in 2017 with new windows, modern flooring, fresh paint, updated cabinetry and countertops, new interior doors and appliances, plus refreshed electrical and plumbing fixtures. Enjoy two assigned parking spaces-one covered/enclosed with a garage door and one uncovered-plus three private storage closets. PRIME LOCATION: Minutes from Target, Home Depot, restaurants, the hospital, and public transit, and approximately 10 minutes from historic Downtown Auburn. Nearby Auburn Regional Park offers disc golf, pickleball, ball fields, basketball courts, BBQ areas, and playgrounds. Auburn Greens offers accessible housing, consistent rental demand, and an appealing low-maintenance option for investors and owner-occupants alike. Ready to explore the opportunity? Schedule your viewing today and see how this established Auburn property may fit your goals! *Property taxes are subject to reassessment upon change of ownership. Rental and financial information provided by seller. Buyer to independently verify rental income, lease, expenses, HOA information, taxes, insurance, financing eligibility, projections, and all other property information.

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Detail Ic Property Details

Property Type : Residential

Price : $215,000

AD Id : 90993569

MLS Id : 226094244

Beds : 2

Living Area Size : 922

Year Built : 1971

County : Placer

  • Map Map

Map

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Map Nearby Areas

Feature Features

  • Bedroom Information

    Total beds: 2 Window Feature: Dual Pane Full,Window Coverings

    Bathroom Information

    Total Baths: 1 Full Baths: 1

    Water/Sewer

    Sewer: Public Sewer

    Room Information

    Total Bedroom: 2 Window Feature: Dual Pane Full, Window Coverings
  • Flooring Information

    Carpet, Simulated Wood, Laminate, Wood
  • Roofing Information

    Composition
  • Interior Features

    Roof: Composition Appliances: Free Standing Gas Range, Free Standing Refrigerator, Hood Over Range, Dishwasher, Disposal, Microwave Laundry Features: Hookups Only, See Remarks
  • Heating & Cooling

    Heating: Central, Natural Gas Cooling: Ceiling Fan(s), Central WaterSource: Public, See Remarks
  • Energy

    Green Energy: Thermostat
  • Fireplace

    Number of Fireplaces: 0 Fireplace Features: 0

  • Building Information

    Year Built: 1971 Construction Materials: Stucco, Frame, Wood Roof: Composition Foundation Details: Slab
  • Exterior Features

    Foundation Details: Slab
    Porch: Front Porch
  • Pool Information

    Private Pool: Yes
    Built-In, Common Facility, Fenced, Gunite Construction
  • Road Types

    Paved
  • Pool Features

    Built-In, Common Facility, Fenced, Gunite Construction

    Laundry Features

    Hookups Only, See Remarks

    Patio And Porch

    Front Porch

  • Lot Information

    Lot Description: Street Lights, Landscape Front Stories: 2 Main Square Feet: 922 Topography: Level

    Property Information

    Property Type: Residential Sub Type: Condominium Style: Traditional SQ ft (Living Area): 922 Construction Materials: Stucco,Frame,Wood Property Age: 55 Cross Street: Quartz Drive Source Neighborhood: 12301 Area: Auburn S: 95602 Zoning: RM-B-8-DC Living Area Source: Assessor Auto-Fill Structure Type: Attached

    Farm Info

    Irrigation Source: None

  • Listing Price Information

    Listing Id: 226094244 List Price: $215,000 List Price Tot SqFt: $233

  • Tax Information

    Parcel Number: 051-250-030-530

  • Parking Information

    # of Garage Spaces: 1 Attached, Garage Door Opener, Garage Facing Rear
    Homeowners Association Information
    Association YN: Yes Included Fees: MaintenanceExterior, MaintenanceGrounds, Trash, Pool Included Amenities: Pool,Laundry Free Calculated Total Monthly Association Fees: $$297.00 Association Fee Frequency: Monthly

  • Elementary School District: Auburn Union
    Junior High School District: Auburn Union
    Senior High School District: Placer Union High
  • Utility Information

    Public, Electric, Sewer In & Connected, Internet Available, Natural Gas Connected Electric: Other
  • Location Information

    Direction: Take HWY 49 North past Bell Road to Left on Quartz, Left on Town Ct to address on right. Unit 3 is on right side of building.
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Nearby Home Value

Address Estimate Bed Bath Sq. Ft Lot Size
Quartz Drive #3, Auburn, CA, 95602 $219,000 2 1 922 --
Quartz Drive #3, Auburn, CA, 95602 $195,000 2 1 922 --
Garnet Way #4, Auburn, CA, 95602 $189,499 2 1 840 --
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 --
Galena Drive #4, Auburn, CA, 95602 $199,000 2 1 844 --
Park Drive #3, Auburn, CA, 95602 $219,500 2 1 922 --

ByOwner last updated this listing 09/04/2026 @ 09:45

MLS: 226094244 LISTED BY: Tammy Garza, eXp Realty of California Inc SOURCE: MLS Metrolist

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