124-128 Oakwood Drive Auburn, CA $ 1,195,000
124-128 Oakwood Drive
$ 1,195,000
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124-128 Oakwood Drive

Auburn, CA, 95603
$ 1,195,000
Baths0.0 Sq 1,856

Monthly Estimate*

$ 7,358

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Studio

Multi-Family Home for sale in Auburn, CA

for $1,195,000. This 1,856 square foot home was built in 1936 on a lot size of 0.0644.

Turn-key downtown Auburn triplex with strong income potential and fully renovated systems. Located in the heart of downtown Auburn, 124, 126 & 128 Oakwood Drive offer a rare opportunity to acquire a fully reimagined multi-unit property in a highly walkable, high-demand rental location. Originally a commercial office building, this property has been thoughtfully converted into three residential units, featuring a desirable unit mix: one spacious 2-bedroom, 2-bathroom unit on the lower level and two 1-bedroom, 1-bathroom units upstairs. This layout appeals to a wide range of tenants and supports consistent occupancy. The heavy lifting has already been completed. The property has undergone a comprehensive renovation, including new plumbing, roof, flooring, insulation, drywall, and exterior improvements such as landscaping, steps, and walkways. Each unit is equipped with brand-new appliances and updated finishes, helping minimize near-term capital expenses and ongoing maintenance. Situated just moments from Auburn's shops, dining, and local amenities, the location supports strong rental demand and long-term value. Off-street parking adds convenience for tenants. This is an excellent opportunity for an investor seeking a low-maintenance, income-producing property with modernized systems, strong rental appeal, and upside potential in a desirable foothill market.

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Multi-Family Active

Price

$ 1,195,000

Bedrooms

Studio

Property Type

Multi-Family

Taxes

$ 0

Style

Triplex

Lot Size

0.0644

Year Built

1936

Town/City

Auburn

County/Region

Placer

MLS | Web ID

226035867

Features
General
Sewer Public Sewer
Heating Individual MultiZone
Cooling Ceiling Fan(s) Individual
Utilities City Sewer In & Connected Electric
Roof Composition
Appliances Dishwasher Microwave Free Standing Electric Oven
Unit 4 Rent 0
Unit 2 Rent 0
Unit 3 Rent 0
Unit 1 Rent 0
HOA Fee 0
Garage Spaces 0.0
Patio/Porch Features Balcony/Deck
Construction Materials Other
Year Built 1936
Electric 220 Volts
Stories Count 2
Levels Two
Property Subtype Triplex
Elevation 0
County Placer
Property Type Residential Income
HOA N
Total Rooms 0
Close Price 0.0
Status Active
Directions Take Grass Valley Hwy to dead-end in downtown at Lincoln Way. L. @ Lincoln immediate R. @ Oakwood. First building on right. Across Lincoln from St Joseph's Catholic Church. Across Oakwood from Merita
City Auburn
High School District Placer Union High
Zoning Description R-3
Open Parking Spaces 0.0
Number Of Units Total 3
MLS Area 12301
Lot Size Square Feet 2805.0
Carport Spaces 0.0
Standard Status Active
Middle/Junior School District Auburn Union
Elementary School District Auburn Union
Year Built Source Owner
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Interior
Flooring Tile Wood Luxury Vinyl Plank
Total Stories 2
Unit 1 Full Baths 2
Unit 2 Full Baths 1
Unit 3 Full Baths 1
Unit1Bedrooms 2
Unit3Bedrooms 1
Window Features Dual Pane Full
Laundry Features Washer/Dryer Owned In Each Unit
Unit 1 Bedroom Units Total 2
Unit 2 Bedroom Units Total 2
Unit 3 Bedroom Units Total 0
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Exterior
Parking Features Off Street Open
Lot Features Shape Regular Landscape Front
Water Source Public
Total Parking 6.0
Foundation Details Slab
Number of Buildings 1
Lot Size Acres 0.0644
Lot Size Source Assessor Auto-Fill
Covered Spaces 0.0
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Internal Only
Street Number 1 124
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* Excluded Features
List By
Exp Realty Of Northern California, Inc.

Broker

christa@callchristanow.com

Email

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$7,358
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Monthly Principal & Interest
$7,358
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Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
3193852 Elementary School
3193729 Middle School
Unknown High School High School
Pricing History
Date Price Price Change Description
3/26/2026 $1,195,000 Listed Price

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124-128 Oakwood Drive, Auburn, CA, 95603 is a Multi-Family Home for sale at $1,195,000 with 1,856 sqft and a lot size of 0.0644. 124-128 Oakwood Drive is a studio with 0.0 baths and was built in 1936. The property's zip code is 95603 which is in Auburn, CA