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29707184
29707205

163 Pleasant Ave, Auburn, CA 95603

TS
CA 01887506
South Coast Commercial Inc
Listed by South Coast Commercial Inc
$1,950,000
112 days on market
Updated 112 days ago
Opportunity zone

163 Pleasant Ave

Details
Property Type Multifamily
Sub Type Apartment Building
Square Footage 6,214
Units 8
Cap Rate 5.54%
NOI $107,974
Price per SqFt $314
Year Built 1973
Year Renovated 2024
Buildings 1
Stories 2
Acreage 0.270
Zoning r-3

Multifamily | 8 Units | $243,750/unit

Marketing description

163 Pleasant Ave is an 8 unit apartment community located in the heart of Auburn. The property consists all 2 Bedroom 1 Bathroom units. The property has been completely renovated with New Roof, New Windows, and mini split HVAC installed in all units. 6 of the 8 units have been completely remodeled with new flooring, kitchen cabinets, kitchen counter tops, bathroom vanities. All decks are SB 721 Compliant and electrical panels are General Electric which insurance companies prefer.

Nestled in the heart of historic Auburn, this location offers the perfect blend of small-town charm and Sierra foothill lifestyle. Just a short stroll from Old Town Auburn’s iconic Main Street, residents enjoy easy access to unique boutiques, acclaimed restaurants, local breweries, and year-round community events. Auburn is celebrated for its deep roots in Gold Rush history and vibrant cultural scene, with museums and landmarks that honor the region’s rich past

Investment highlights

6 Remodeled units with new kitchen cabinets, flooring, bathrooms

Mini Split units in all units

New Roof

New Windows

GE Electrical Panels

SB 721 Compliant

Listing Contacts

TS
CA 01887506
South Coast Commercial Inc
Listed by South Coast Commercial Inc

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Loan Amount
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Annual Debt Service
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Annual Cash Flow
$107,974.00
$8,997.83/mo

Valuation Metrics

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DSCR
5.54%
Cap Rate
5.54%
ROI

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