11670 Garnet Way #4, Auburn, CA 95602

Local realty services provided by:Better Homes and Gardens Real Estate Royal & Associates
11670 Garnet Way #4,Auburn, CA 95602
$189,499
  • 2 Beds
  • 1 Baths
  • 840 sq. ft.
  • Condominium
  • Active
Listed by: ryan hickey
Office: hpm
MLS#:225123201
Source:MFMLS

Price summary

  • Price:$189,499
  • Price per sq. ft.:$225.59
  • Monthly HOA dues:$294

About this home

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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Home facts

  • Year built:1971
  • Listing ID #:225123201
  • Added:89 day(s) ago
  • Updated:December 18, 2025 at 04:02 PM

Rooms and interior

  • Bedrooms:2
  • Total bathrooms:1
  • Full bathrooms:1
  • Living area:840 sq. ft.

Heating and cooling

  • Cooling:Ceiling Fan(s), Central
  • Heating:Central

Structure and exterior

  • Roof:Composition Shingle
  • Year built:1971
  • Building area:840 sq. ft.

Utilities

  • Sewer:Public Sewer

Finances and disclosures

  • Price:$189,499
  • Price per sq. ft.:$225.59
MLS LogoMetroList MLS 2025. This information is being provided by MetroList MLS. All measurements and calculations of area are approximate. Information provided by Seller/Other sources, not verified by Broker. All interested persons should independently verify accuracy of information. Provided properties may or may not be listed by the office/agent presenting the information. Data Updated: December 18, 2025. Information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information deemed reliable but not guaranteed. Any offer of compensation is made only to Participants of MLS where the subject listing is filed and in accordance with such MLS's regulations or rules.

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