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23256-58 Lone Pine Dr
Auburn, CA 95602
Multifamily Property For Sale · 2 Units

INVESTMENT HIGHLIGHTS

  • Lake of the Pines is a premier membership community with amazing amenities (see list)
  • Easy to attract high quality tenants with the highly rated Bear School District, gated security and amazing Lake of the Pines amenities.
  • Newer construction assures that building systems provide many years of low maintenance operation.
  • All units rented to long term tenants (month-to-month)
  • Huge financial upside by completing the approved condo conversion and selling the units individually
  • Excellent current cash flow (5.5% COC return)

PROPERTY FACTS

No. Units 2
Property Type Multifamily
Apartment Style Low-Rise
Building Class C
Lot Size 0.28 AC
Building Size 2,430 SF
No. Stories 1
Year Built 1985
Parking Ratio 3.29/1,000 SF
Zoning R2-PD-SP - Medium density planned developement - Duplex and Townhomes

AMENITIES

UNIT AMENITIES

  • Air Conditioning
  • Cable Ready
  • Dishwasher
  • Disposal
  • Washer/Dryer Hookup
  • Heating
  • Ceiling Fans
  • Kitchen
  • Vaulted Ceiling
  • Range
  • Tub/Shower
  • Carpet
  • Deck

SITE AMENITIES

  • Clubhouse
  • Picnic Area
  • Playground
  • Pool
  • Tennis Court
  • Waterfront
  • Basketball Court
  • Gas Range
  • Pet Play Area
  • Putting Greens
  • Dock
  • Lake Access
  • Sundeck

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
021-740-017-000
Land Assessment
$86,593
Improvements Assessment
$373,438
Total Assessment
$460,031
  • Listing ID: 20089480

  • Date on Market: 6/29/2020

  • Last Updated:

  • Address: 23256-58 Lone Pine Dr, Auburn, CA 95602

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