626 South Auburn Street

Grass Valley, CA 95945

$1,800,000
Price
5
Beds
4
Baths
4,220 Sq. Ft.
$427 / Sq. Ft.
4,220
Sq. Ft.
$427
per Sq. Ft.

Description

Charming 11-unit cottage-style residential income property situated among the trees in the picturesque town of Grass Valley, just minutes from downtown. Conveniently close to shopping, recreation, a wide variety of restaurants, and numerous year-round community events, all within a short walk or drive. Each of the 11 units has been lovingly renovated, and the property offers future expansion potential on approximately 0.5 acres in the back left corner of the parcel, with prior verbal approval from...Charming 11-unit cottage-style residential income property situated among the trees in the picturesque town of Grass Valley, just minutes from downtown. Conveniently close to shopping, recreation, a wide variety of restaurants, and numerous year-round community events, all within a short walk or drive. Each of the 11 units has been lovingly renovated, and the property offers future expansion potential on approximately 0.5 acres in the back left corner of the parcel, with prior verbal approval from the county for a duplex and ADU, or a single-family residence and an ADU. Verification with the county is recommended to confirm the potential for future development. The property is expertly managed by TK Property Management, which handles both standard tenants and Airbnb bookings, optimizing income through a mixed revenue approach. Airbnb guests typically stay for over three months and include traveling professionals like nurses and contractors at Beale. This property is ideal for investors seeking a turnkey opportunity with a proven track record of maximum profitability and high occupancy rates.
  1. Listed by John Acord • DRE #01758962 • BERKSHIRE HATHAWAY Home Services NorCal Real Estate
    P: (916)-952-8550 John@BHHSNorCal.com

Property Details for 626 South Auburn Street

Parking Features
Uncovered
Zoning
Mulit-Family
LISTING UPDATED: 11/05/2024 07:32 AM

Property Details for 626 South Auburn Street

StatusActive
MLS #224071645
Days on Compass138
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income / 5 or More Units
Year Built1938
Lot Size1.37 AC / 59,677 SF
CountyNevada County

Building Information for 626 South Auburn Street

Stories1Residences11Year Built1938Building Size-Lot Size1.37 AC / 59,677 SF

Property Information for 626 South Auburn Street

Summary
Location and General Information
  • Area/District: 13105
  • Area Short Display: 13105
  • Cross Street: E Empire St.
  • City: Grass Valley
  • County: Nevada
  • State: CA
  • Zip Code: 95945
  • Zip Plus 4: 7570
  • Topography: Downslope,Downslope
  • Directions to Property: Follow CA-49 N to E McKnight Way in Grass Valley. Take the McKnight Way exit from CA-49 N. Take S Auburn Street to your destination.
Taxes and HOA Information
  • APN: 029-241-007-000
  • License Fee: $.00
  • City Transfer Tax Rate: .00%
  • County Transfer Tax Rate: .00%
  • Association: false
  • Association Fee: $.00
School Information
  • School District (County): Nevada
  • Elementary School District: Grass Valley
  • Middle or Junior School District: Grass Valley
  • Senior High School District: Nevada Joint Union
Parking
  • Covered Spaces: 0
  • Independent Parking Spaces: 0
  • Carport Spaces: 0
  • Garage Spaces: 0
  • Total Parking Spaces: 16
  • Tandem Parking Spaces: 0
  • Open Parking Spaces: 16
  • Parking Fee $: 0.0
Virtual Tour
  • Virtual Media Count: 0
Property
Lot Information
  • Square Footage: 0.0
  • Year Built Source: Owner
  • Minimum Bldg SqFt: 0.0
  • # of Lots: 0
  • Lot Size Acres: 1.37
  • Lot Size Source: Assessor Auto-Fill
  • Lot Size Square Feet: 59677.0
  • Lot Features: Auto Sprinkler F&R, Private, Secluded, Landscape Back, Landscape Front
Property and Assessments
  • Property Condition: Updated/Remodeled
  • Home Warranty: false
  • Irrigation: Public District, See Remarks
  • Year Built: 1938
  • Picture Count: 43
  • Photos Provided By: Agent
  • Elevation: 0
  • Units Furnished: Varies By Unit
  • Property Disclaimer: All measurements and calculations of area are approximate. Information provided by Seller/Other sources, not verified by Broker. <BR> All interested persons should independently verify accuracy of information. Provided properties may or may not be listed by the office/agent presenting the information. <BR> Copyright</A> &copy; 2024, MetroList Services, Inc. <BR> Any offer of compensation in the real estate content on this site is made exclusively to Broker Participants of the MetroList® MLS & Broker Participants of any MLS with a current reciprocal agreement with MetroList® that provides for such offers of compensation.
  • Census Tract: 6.02
  • Actual or Scheduled: Actual
Green Features
  • Green Verification Year: 0
Utilities
  • Separate Meters: Electricity, Gas
  • Sewer: Public Sewer
  • Utilities: Natural Gas Connected, Cable Connected, City, Electric
  • Water Source: Public
Interior and Exterior Features
Exterior Features
  • # of Floors: 1
  • # of Guest Space(s): 0
  • # Of Buildings: 7
  • Construction Materials: Wood Siding
  • Foundation: Slab, Concrete Perimeter
  • Levels: One
  • Window Features: Dual Pane Partial
  • Horse Property: false
  • Pool: false
  • Roof: Composition
  • Senior Community: false
Interior Features
  • Heating: Wall Furnace, Individual
  • Appliances: Free Standing Gas Range, Free Standing Refrigerator, Microwave
  • Laundry Features: Coin Operated, Washer/Dryer Leased, In Common Area
  • Spa: false
  • # of Fireplaces: 0
  • Cooling: Wall Unit(s), Individual
  • Electric: 220 Volts
  • Flooring: Carpet, Laminate, Linoleum
  • Entry Level: 0
  • Possible Bedrooms: 0.0
  • Bedrooms: 0
  • Bathrooms: 0.0
  • Full Bathrooms: 0
  • Half Bathrooms: 0
  • # of Rooms: 0
Room Information
1 Bedroom Unit
  • 1 Bedroom Rent Range: 900-1469
  • # of 1 Bedroom Units: 8
  • 1 Bedroom Annual Occupancy: .00%
  • # of 1 Bedrooms Occupied: 8
2 Bedroom Unit
  • 2 Bedroom Rent Range: 1375-1500
  • # of 2 Bedroom Units: 2
  • 2 Bedroom Annual Occupancy: .00%
  • # of 2 Bedrooms Occupied: 2
3 Bedroom Unit
  • # of 3 Bedroom Units: 0
  • 3 Bedroom Annual Occupancy: .00%
  • # of 3 Bedrooms Occupied: 0
4 Bedroom Unit
  • # of 4 Bedroom Units: 0
  • 4 Bedroom Annual Occupancy: .00%
  • # of 4 Bedrooms Occupied: 0
Multi Family
Multi-Family Information
  • # Commercial Units: 0
  • Total # Owner Occupied: 0
  • # Studios Occupied: 1
  • # of Studio Units: 1
  • Num of Units: 11
Multi-Family Additional Information
  • 2nd Unit Approx SqFt: 0.0
  • 2nd Unit Rents for: $.00
  • 2nd Unit Bedrooms: 0.0
Unit 1
  • Unit 1 Bedrooms: 2
  • Unit 1 Full Baths: 1
  • Unit 1 Partial Baths: 0
  • Unit 1 Identification: Unit #2
  • Unit 1 Occupancy: Tenant
  • Unit 1 Rent Source: Owner
  • Unit 1 Rent: $1,375.00
  • Unit 1 Approx SqFt: 988.0
  • Unit 1 SqFt Source: Owner
  • Unit 1 # of Rooms: 5
  • Unit 1 Type: Apartment
Unit 2
  • Unit 2 Bedrooms: 1
  • Unit 2 Full Baths: 1
  • Unit 2 Partial Baths: 0
  • Unit 2 Identification: Unit #3
  • Unit 2 Lease Term: Month to Month
  • Unit 2 Occupancy: Tenant
  • Unit 2 Rent Source: Owner
  • Unit 2 Rent: $1,469.00
  • Unit 2 Approx SqFt: 325.0
  • Unit 2 SqFt Source: Owner
  • Unit 2 # of Rooms: 4
  • Unit 2 Type: Apartment
Unit 3
  • Unit 3 Bedrooms: 1
  • Unit 3 Full Baths: 1
  • Unit 3 Partial Baths: 0
  • Unit 3 Lease Term: Month to Month
  • Unit 3 Occupancy: Tenant
  • Unit 3 Rent Source: Owner
  • Unit 3 Rent: $1,468.00
  • Unit 3 Approx SqFt: 325.0
  • Unit 3 SqFt Source: Owner
  • Unit 3 # of Rooms: 4
  • Unit 3 Type: Apartment
Unit 4
  • Unit 4 Bedrooms: 1
  • Unit 4 Full Baths: 1
  • Unit 4 Partial Baths: 0
  • Unit 4 Identification: Unit #5
  • Unit 4 Lease Term: Month to Month
  • Unit 4 Occupancy: Tenant
  • Unit 4 Rent Source: Owner
  • Unit 4 Rent: $1,000.00
  • Unit 4 Approx SqFt: 325.0
  • Unit 4 SqFt Source: Owner
  • Unit 4 # of Rooms: 4
  • Unit 4 Type: Apartment
Mobile/Manufactured Home
  • Width: 0.0
  • Length: 0.0
  • Berth Size Length: 0.0
  • Berth Size Width: 0.0
Income & Expenses
  • Income Includes: Laundry, Storage, Other
  • Operating Expense Includes: Property Tax, Repairs, Insurance, Maintenance Grounds, Utilities, Maintenance Structure, Manager, Payment on Mortgage
Rental
Rent Information
  • Land Lease: false
  • Studio Rent Range: 1124
  • Studio Annual Occupancy: .00%
  • Tenant Pays: Cable TV, Electricity, Sewer, Gas

Property History for 626 South Auburn Street

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 626 South Auburn Street

Taxable ValueLand$348,173Additions$1,044,524Total$1,392,697
Tax Record2024$15,467 ($1,289 / month)
Home Facts
Baths1Total Finished SqFt4,220 SqFtAbove Grade Finished SqFt4,220 SqFtStories1Lot Size59,677 SqFtStyleMulti-Family Dwelling (2-4)Year Built1938Year Renovated1990ZoningRCountyNEVADAAPN029-241-007-000

Schools near 626 South Auburn Street

This home is within Grass Valley Elementary School District.
Rating
School
Type
Grades
Distance
Public - K to 4
Public - 5 to 8
Charter - 9 to 12
Public - K to 4
Rating
School
Distance
Margaret G. Scotten Elementary School
PublicK to 4

Lyman Gilmore Middle School
Public5 to 8

Sierra Academy Of Expeditionary Learning
Charter9 to 12

Bell Hill Academy
PublicK to 4

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Similar Homes

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Similar Sold Homes

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626 South Auburn Street is a multi-family home for sale in Grass Valley, CA 95945. This property was listed for sale on June 29, 2024 by BERKSHIRE HATHAWAY Home Services NorCal Real Estate, it's currently listed at $1,800,000. It has been on the market for a total of 138 days and was last sold on June 1, 2015. This listing's school districts are Grass Valley Elementary School District, Nevada Joint Union High School District. Nearby schools include Margaret G. Scotten Elementary School, Lyman Gilmore Middle School and Sierra Academy Of Expeditionary Learning. 626 South Auburn Street is a 5-bed, 4-bath, 4,220 sqft multi-family home built in 1938.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of BERKSHIRE HATHAWAY Home Services NorCal Real Estate, John Acord, DRE #01758962

Based on information from one of the following Multiple Listing Services: MetroList, Tahoe Sierra Board of REALTORS, South Tahoe Association of REALTORS, Mammoth Lakes Board of REALTORS MLS, Northern Nevada Regional MLS, Incline Village Board of REALTORS, Inyo County MLS, and Plumas Association of REALTORS.. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by MetroList, Tahoe Sierra Board of REALTORS, South Tahoe Association of REALTORS, Mammoth Lakes Board of REALTORS MLS, Northern Nevada Regional MLS, Incline Village Board of REALTORS, Inyo County MLS, and Plumas Association of REALTORS. is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.