NOT LISTED FOR SALE

669 S Auburn St Grass Valley, CA 95945

10 Beds
1 Bath
-- Sq Ft
0.59 Acres

Last Sold September 01, 2016

Last sale price $1,025,000

11 Days on Market

Highlights

  • 0.59 Acre Lot
  • No HOA
  • Central Air

About This Home

As of September 2016

Rare opportunity to own a 10 unit apartment in Grass Valley. Convenient location near shopping, schools and public transportation. Ample off street parking with 2 assigned spaces per unit , plus guest parking. 100% rented with upside potential as rents are below market rate. All units are 2 bedroom with central heat and air conditioning. The building is in good condition with new paint and repairs completed. Roof is approximately 7 years old. Onsite laundry facility with owner owned coin operated machines. Additional storage area for tenants.

Last Agent to Sell the Property

Randall Casto

Core Real Estate Brokerage License #01221138 Listed on: 07/08/2016

Last Buyer's Agent

Danielle Sosnowski

Re/Max Gold License #01957043

Re/Max Gold

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1977

Lot Details

  • 0.59 Acre Lot

Parking

  • 1 Parking Space Included

Home Design

  • Composition Roof

Interior Spaces

  • 2-Story Property
  • Window Treatments

Utilities

  • Central Air
  • Cable TV Available

Listing and Financial Details

  • Tenant pays for cable tv electricity gas
  • Assessor Parcel Number 29-270-07-000

Community Details

Overview

  • No Home Owners Association
  • 10 Units

Building Details

  • 10 Leased Units
  • 10 Units Leased Month-To-Month
  • Operating Expense $33,617
  • Net Operating Income $56,935

Property Details

Home Type

Multi-Family

Year Built

Built in 1977

Lot Details

0

Listing Details

  • Property Type: ResidentialIncome
  • Property Subtype 1: Other
  • Year Built: 1977
  • Architectural Style: Unknown
  • Stories: 2
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: Dishwasher,Disposal,Free Standing Electric Range,Free Standing Refrigerator
  • Flooring: Carpet,Linoleum/Vinyl
  • Price Per Square Foot: 105.45
  • Window Features: Window Coverings

Exterior Features

  • Construction Materials: Frame,Wood
  • Disclosures/Documents: Rental/Lease Agmts
  • Listing Price: 1049000.00
  • Patio And Porch Features: Uncovered Deck,Uncovered Patio
  • Roof: Composition
  • View Description: Other

Garage/Parking

  • Parking Features: Guest Parking Available,Open,1+ Space Per Unit

Utilities

  • Security: Carbon Mon Detector,Smoke Detector
  • Sewer: Public Sewer
  • Utilities: Cable Available
  • Cooling: Central
  • Heating: Central,Natural Gas
  • Laundry Features: Washer/Dryer Owned,Washer/Dryer
  • Water Source: Public

Condo/Co-op/Association

  • Association Features: Barbeque,Decking,Extra Storage,Public Trans Nearby,Separate Laundry Facility
  • Association: No

Schools

  • Senior High School District: Nevada Joint Union

Lot Info

  • Zoning Description: Multi-Family
  • Lot Size Acres: 0.5900
  • Lot Size Sq Ft: 25700

Rental Info

  • Tenant Pays: Cable TV,Electricity,Gas
  • Total # Leasable: 10

Multi Family

  • Operating Expense: 33617
  • Income Includes: Coin Operated Equipment,Rent Only
  • Number of Leased Units: 10
  • Number of Month to Month Units: 10
  • Number of Units: 10
  • Units Furnished: None
  • Gross Income Multiplier: 11.350

Tax Info

  • Assessor Parcel Number: 29-270-07-000
  • Bonds/Assessments/Taxes: Unknown

MLS Schools

  • School District (County): Nevada

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 List to Sale Price per Sq Ft
09/01/2016 09/01/16 Sold $1,025,000 -2.3% --
07/19/2016 07/19/16 Pending -- -- --
07/08/2016 07/08/16 For Sale $1,049,000 -- --
Source: MetroList

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Map

Source: MetroList

MLS Number: 16603386

MetroList