$1,550,000
$1,675,000
7.5%For more information regarding the value of a property, please contact us for a free consultation.
626 S Auburn ST Grass Valley, CA 95945
4,220 SqFt
Key Details
Sold Price $1,550,000
Property Type Multi-Family
Sub Type 5 or More Units
Listing Status Sold
Purchase Type For Sale
Square Footage 4,220 sqft
Price per Sqft $367
MLS Listing ID 225084142
Sold Date 04/27/26
HOA Y/N No
Year Built 1938
Lot Size 1.370 Acres
Acres 1.37
Property Sub-Type 5 or More Units
Source MLS Metrolist
Property Description
This renovated 11-unit cottage-style property is nestled among the trees just minutes from downtown Grass Valley. Located near shopping, dining, recreation, and year-round community events, it offers both convenience and charm. Each unit has been updated, and the property includes approximately 0.5 acres with potential for future development previously discussed with the county as suitable for a duplex and ADU or a single-family home with an ADU (buyer to verify). Managed by TK Property Management, the property generates strong income through a mix of long-term (leases & MTM) tenants and extended-stay Airbnb guests, including traveling nurses and contractors. A proven performer with high occupancy and growth potential ideal for investors seeking a stable, income-generating asset with potential expansion.
Location
State CA
County Nevada
Area 13105
Direction 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.
Rooms
Other Rooms Unit-1 Type: Apartment Approx SqFt: 988 Bedrooms: 2 Full Baths: 1 Total Rooms: 5 Occupancy: Tenant Rent: 1678 SqFt Source: Not Measured Unit-2 Type: Apartment Approx SqFt: 605 Bedrooms: 2 Full Baths: 1 Total Rooms: 5 Occupancy: Tenant Rent: 1500 SqFt Source: Not Measured Unit-3 Type: Apartment Approx SqFt: 325 Bedrooms: 1 Full Baths: 1 Total Rooms: 4 Occupancy: Tenant Rent: 1700 SqFt Source: Not Measured Unit-4 Type: Apartment Approx SqFt: 396 Bedrooms: 1 Full Baths: 1 Total Rooms: 4 Occupancy: Tenant Rent: 1214 SqFt Source: Not Measured
Interior
Heating Wall Furnace, Individual
Cooling Wall Unit(s), Individual
Flooring Carpet, Laminate, Linoleum
Window Features Dual Pane Partial
Appliance Free Standing Gas Range, Free Standing Refrigerator, Microwave
Laundry Coin Operated, Washer/Dryer Leased, In Common Area
Exterior
Parking Features Uncovered
Utilities Available Natural Gas Connected, Cable Connected, City, Electric
Water Access Desc Public
Roof Type Composition
Topography Downslope
Total Parking Spaces 16
Building
Lot Description Auto Sprinkler F&R, Secluded, Landscape Back, Landscape Front
Story 1
Foundation ConcretePerimeter, Slab
Sewer Public Sewer
Water Public
Architectural Style Bungalow
Level or Stories One
Schools
Elementary Schools Grass Valley
Middle Schools Grass Valley
High Schools Nevada Joint Union
School District Nevada
Others
Senior Community No
Tax ID 029-241-007-000
Special Listing Condition None
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Bought with BERKSHIRE HATHAWAY Home Services NorCal Real Estate
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