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Luther Road

Auburn, CA 95603
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SqFt19,250

Sqft(Lot)

Acres

Acres (Lot)

--

Nestled in the scenic hills of Auburn, this rare investment opportunity features four buildings housing a total of 21 townhomes and 1 flat. The property includes 20 spacious two-bedroom units and 2 cozy one-bedroom units, making it a versatile asset for various tenant needs. Some units has been thoughtfully updated with newer flooring, fresh interior paint, and granite countertops in the kitchens, blending modern touches with comfort and durability. Residents will appreciate the convenience of covered parking, providing protection from the elements and added value to this well-maintained community. Situated in a desirable location, this property offers a serene living environment with easy access to local amenities and major transportation routes. Ideal for investors seeking stable rental income in a growing area. Don't miss this chance to own a solid-performing property in one of Auburn's most sought-after neighborhoods!

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Detail Ic Property Details

Property Type : ResidentialIncome

Price : $5,100,000

AD Id : 60882263

MLS Id : 224127695

Living Area Size : 19,250

County : Placer

  • Map Map

Map

Feature Features

  • Bedroom Information

    Window Feature: Dual Pane Full

    Water/Sewer

    Sewer: Septic System, Sewer Connected, Public Sewer
  • Flooring Information

    Carpet, Tile, Laminate
  • Roofing Information

    Composition
  • Interior Features

    Roof: Composition Appliances: Free Standing Gas Oven, Built-In Electric Oven, Free Standing Gas Range, Free Standing Refrigerator, Gas Cook Top, Microwave, Dishwasher, Plumbed For Ice Maker Laundry Features: Coin Operated, In Common Area
  • Heating & Cooling

    Heating: Central, Gas Cooling: Central WaterSource: Public

  • Building Information

    Year Built: 1997 Stories: 2 Construction Materials: Stone, Stucco, Wood Siding Roof: Composition Foundation Details: Slab
  • Exterior Features

    Foundation Details: Slab
  • Laundry Features

    Coin Operated, In Common Area

  • Lot Information

    Lot Description: Curbs/Gutters Lot Square Feet: 65,340 Stories: 1 Main Square Feet: 19,250

    Property Information

    Property Type: ResidentialIncome Sub Type: 5 or More Units SQ ft (Living Area): 19,250 Construction Materials: Stone,Stucco,Wood Siding Property Age: 29 Cross Street: Bowman Lane Source Neighborhood: 12301 Area: Auburn S: 95603 Zoning: RM-DL 15-DC Living Area Source: Assessor Agent-Fill Structure Type: Apartments,Flats,Townhouses

    Farm Info

    Irrigation Source: Public District, None

  • Listing Price Information

    Listing Id: 224127695 List Price: $5,100,000 List Price Tot SqFt: $265

  • Tax Information

    Parcel Number: 054-171-003

  • Parking Information

    Parking Total: 36 Covered, Guest Parking Available

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

    Cable Available, Cable Connected, City, Internet Available Electric: 220 Volts
  • Location Information

    Direction: From business 80 take exit 121 toward Auburn Ravine Road, turn left. At Bowman Road, turn right, then left on to Luther Road, Olive Court Apartments is on the left.
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Nearby Home Value

Address Estimate Bed Bath Sq. Ft Lot Size
Cambridge Court, Auburn, CA, 95603 $199,000 -- -- -- Acres (Lot)--
Verdant Lane, Auburn, CA, 95603 $2,395,000 -- -- -- Acres (Lot)--
Shirland Tract Road, Auburn, CA, 95603 $795,000 -- -- -- 155,509.20 Sqft(Lot)
Moran Court, Auburn, CA, 95603 $495,000 -- -- -- Acres (Lot)--
Stone House Road, Auburn, CA, 95603 $300,000 -- -- -- Acres (Lot)--
Devon Court, Auburn, CA, 95603 $259,000 -- -- -- Acres (Lot)--
Krueger Drive, Auburn, CA, 95603 $649,988 -- -- -- Acres (Lot)--
Shirland Tract Road, Auburn, CA, 95603 $698,000 -- -- -- Acres (Lot)--
China Well Road, Auburn, CA, 95603 $325,000 -- -- -- Acres (Lot)--
Neils Rd, Auburn, CA, 95603 $550,000 -- -- -- 148,104 Sqft(Lot)

ByOwner last updated this listing 06/17/2026 @ 18:56

MLS: 224127695 LISTED BY: Marlo Jordan, Coldwell Banker Realty SOURCE: MLS Metrolist