Auburn, CA 95603,13340 Luther RD
Auburn, CA 95603,13340 Luther RD
Auburn, CA 95603,13340 Luther RD
Auburn, CA 95603,13340 Luther RD
Auburn, CA 95603,13340 Luther RD
Auburn, CA 95603,13340 Luther RD
Cameron Ripley
Cameron Ripley

Broker | License ID: 02094909 NMLS2314695 Co2504166

+1(530) 635-0283

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$ 4,375,000

$ 5,100,000 14.2%

Est. payment | /mo

19,250 SqFt


$ 4,375,000

$ 5,100,000 14.2%

Est. payment | /mo

19,250 SqFt

Key Details

Sold Price $4,375,000

Property Type Multi-Family

Sub Type 5 or More Units

Listing Status Sold

Purchase Type For Sale

Square Footage 19,250 sqft

Price per Sqft $227

MLS Listing ID 224127695

Sold Date 06/24/25

HOA Y/N No

Year Built 1997

Lot Size 1.500 Acres

Acres 1.5

Property Sub-Type 5 or More Units

Source MLS Metrolist

Property Description

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!

Location

State CA

County Placer

Area 12301

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.

Interior

Heating Central, Gas

Cooling Central

Flooring Carpet, Tile, Laminate

Window Features Dual Pane Full

Appliance 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 Coin Operated, In Common Area

Exterior

Parking Features Covered, Guest Parking Available

Utilities Available Cable Available, Cable Connected, City, Internet Available

Water Access Desc Public

Roof Type Composition

Total Parking Spaces 36

Building

Lot Description Curbs/Gutters

Story 1

Foundation Slab

Sewer Septic System, Sewer Connected, Public Sewer

Water Public

Level or Stories One, Two

Schools

Elementary Schools Placer Hills Union

Middle Schools Ackerman Elementary

High Schools Placer Union High

School District Placer

Others

Senior Community No

Tax ID 054-171-003

Special Listing Condition None

MetroList® Services, Inc
Listed by Coldwell Banker Realty
Bought with Coldwell Banker Realty
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"My mission as your Realtor is to build trust-based relationships and exceed your expectations, ensuring a seamless and rewarding real estate experience."

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8150 Sierra College Blvd Ste 130

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13340 Luther RD