NOT LISTED FOR SALE

153 Dorer Dr Auburn, CA 95603

8 Beds
4 Baths
3,600 Sq Ft
0.66 Acres

Last Sold December 02, 2022

Last sale price $1,456,000 $404 Per Sq Ft

68 Days on Market

Highlights

  • 0.66 Acre Lot
  • No HOA
  • Balcony
  • Placer High School Rated A-
  • Covered Patio or Porch
  • Cul-De-Sac

About This Home

As of December 2022

Well-maintained 7-unit apartment buildings in prime Auburn location minutes from Highway 80. Within walking distance of Old Town Auburn, Downtown Auburn, and the Placer County Fairgrounds. Far below market rents with upside potential. Current market rents would yield a 6.1 cap. All tenants are month-to-month. One building has had a new roof and AC units in the last 5 years. The other building had a new AC and roof in 2005. All units have updated interiors. The 4-plex has all 2 bed 1 bath units approximately 900 plus square feet. The 3-plex has 2 2 bed 1 bath units approximately 800 plus square feet and 1 3 bedroom 2 bath unit approximately 1600 plus square feet. The units do not have in-unit laundry. Laundry area is communal.

Last Agent to Sell the Property

Tony Nicosia

eXp Realty of California Inc. License #02178071 Listed on: 09/15/2022

eXp Realty of California Inc.

Co-Listed By

Bob Burton

eXp Realty of California Auburn License #00451383

Last Buyer's Agent

Delonia Barbray

Fathom Realty Group, Inc. License #01049232

Fathom Realty Group, Inc.

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $10,438

Year Built

  • Built in 1970 | Remodeled

Lot Details

  • 0.66 Acre Lot
  • Cul-De-Sac
  • Landscaped
  • Sprinklers on Timer

Home Design

  • Split Level Home
  • Composition Roof
  • Concrete Perimeter Foundation
  • Stucco

Interior Spaces

  • 2-Story Property
  • Double Pane Windows
  • Basement Storage

Kitchen

  • Free-Standing Electric Range
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Linoleum
  • Laminate

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Parking

  • 20 Parking Spaces
  • 20 Open Parking Spaces

Outdoor Features

  • Balcony
  • Covered Deck
  • Covered Patio or Porch

Utilities

  • Central Heating and Cooling System
  • 220 Volts
  • Natural Gas Connected
  • Gas Water Heater
  • High Speed Internet
  • Cable TV Available

Listing and Financial Details

  • Tenant pays for cable TV, electricity, gas
  • Assessor Parcel Number 004-100-019-000

Community Details

Overview

  • No Home Owners Association
  • 2 Buildings
  • 7 Units

Amenities

  • Coin Laundry

Building Details

  • 7 Leased Units
  • Operating Expense $19,905
  • Net Operating Income $88,695

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$10,438

Year Built

Built in 1970 | Remodeled

Lot Details

0

Listing Details

  • Property Type: ResidentialIncome
  • Subtype Description: Apartments
  • Property Subtype 1: 5 or More Units
  • Stories: 2
  • Year Built: 1970
  • Levels: MultiSplit
  • Stories: 2
  • Number of Two Bedroom Units: 6
  • Number of Three Bedroom Units: 1
  • ResoPropertyType: ResidentialIncome
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: Free Standing Refrigerator, Gas Water Heater, Dishwasher, Disposal, Free Standing Electric Range
  • Flooring: Carpet, Laminate, Linoleum
  • Basement: Storage Area
  • Price Per Square Foot: 211.01
  • Window Features: Dual Pane Partial

Exterior Features

  • Construction Materials: Stucco
  • Foundation: ConcretePerimeter
  • Listing Price: 1595000.00
  • Lot Features: Auto Sprinkler F&R, Cul-De-Sac, Landscape Front
  • Patio And Porch Features: Balcony/Deck, Covered Deck, Covered Patio
  • Property Condition: Updated/Remodeled
  • Roof: Composition

Garage/Parking

  • Open Parking Spaces: 20.00
  • Parking Features: Open, Uncovered
  • Total Parking Spaces: 20.00
  • Guest Spaces: 6

Utilities

  • Security: Carbon Mon Detector, Smoke Detector
  • Sewer: Public Sewer
  • Utilities: Natural Gas Connected, Cable Connected, City, DSL Available, Electric, Internet Available
  • Cooling: Central
  • Electric: 220 Volts
  • Heating: Central
  • Laundry Features: Coin Operated, In Common Area
  • Water Source: Public
  • Separate Meters: Electricity,Gas

Condo/Co-op/Association

  • Association: No

Schools

  • Senior High School District: Placer Union High

Lot Info

  • Zoning Description: RM
  • Irrigation: None
  • Lot Size Acres: 0.6579
  • Lot Size Sq Ft: 28658.00
  • ResoLotSizeUnits: Acres

Rental Info

  • Tenant Pays: Cable TV, Electricity, Gas
  • Lease Term: Month To Month
  • Owner Occupied Units: 7
  • Total # Leasable: 7

Multi Family

  • Operating Expense: 19905
  • Income Includes: Laundry
  • Number of Leased Units: 7
  • Number of Units: 7
  • Units Furnished: None
  • Gross Income Multiplier: 15.200

Tax Info

  • Assessor Parcel Number: 004-100-019-000
  • Current RE Taxes: 10438
  • Bonds/Assessments/Taxes: Unknown

MLS Schools

  • School District (County): Placer

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/02/2022 12/02/22 Sold $1,456,000 -8.7% $404 / Sq Ft
11/22/2022 11/22/22 Pending -- -- --
11/06/2022 11/06/22 Off Market $1,595,000 -- --
11/06/2022 11/06/22 For Sale $1,595,000 0.0% $443 / Sq Ft
11/03/2022 11/03/22 Price Changed $1,595,000 -4.8% $443 / Sq Ft
09/15/2022 09/15/22 For Sale $1,675,000 -- $465 / Sq Ft
Source: MetroList

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Map

Source: MetroList

MLS Number: 222120127

MetroList