Two-Unit Duplex with
For Sale
$595,000
129 Diamond Street, Auburn, CA 95603
Both residences include private laundry, kitchen appliances, and assigned parking, with additional secured storage at the rear.
Property Size1,399 SF
Price / SF$425.30
Days on Market49
Property Features for 129 Diamond Street
General Information
Standard status
Active
Size
1,399 SF
Property subtype
Multi-Family
Building Details
Year Built
1950
Listing Agency:
Aston Morley
(530) 539-5003
Listed By:
Inspired Real Estate Group Inc
(916) 622-5341
Source:
Inspiredrealestategroup
Added: Sep 19
Changed: Nov 5
Last Checked: Nov 4 at 1:15PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Aston Morley
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Investment Insights
Based on property information with market context.
Built in 1950, this duplex includes two separate residences, each with 2 bedrooms and 1 bathroom. The upper home features vinyl flooring and views across the backyard, while the lower home offers an open kitchen and living arrangement, updated windows, vinyl flooring, and access to a cement patio. Each residence has its own washer and dryer, dishwasher, refrigerator, water heater, and designated parking space. A secure storage unit at the rear adds practical utility.
The property is located at 129 Diamond Street in Auburn and is within walking distance of Downtown Auburn. The level backyard provides shared outdoor space, while the two-unit configuration supports either full rental use or occupancy of one residence with rental income from the other.
The property is located at 129 Diamond Street in Auburn and is within walking distance of Downtown Auburn. The level backyard provides shared outdoor space, while the two-unit configuration supports either full rental use or occupancy of one residence with rental income from the other.
Key Highlights
- Two separate units, each with 2 bedrooms and 1 bathroom
- Upper residence includes vinyl flooring and backyard views
- Lower residence features an open kitchen and living area
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$23,618
Cap Rate
3.97%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$472,360
$472.4K
Cap Rate 7%
$337,400
$337.4K
Cap Rate 9%
$262,422
$262.4K
Market Conditions
NOI Build-Up for 1,399 SF
Gross rent
$35.6K $25.44/SF
− Vacancy
−$1.9K −$1.32/SF
EGI
$33.7K $24.12/SF
− OpEx
−$10.1K −$7.24/SF
NOI
$23.6K $16.88/SF
Area
Placer County, CA
Vacancy
5.20%
Lease Rate
$25.44 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$472,360
Cap Rate 7%
$337,400
Cap Rate 9%
$262,422
Alternative Uses
Best Use
Multifamily LT 5
$337.4K
$295.2K – $393.6K
NOI $23,618 @ 7.0% cap · market cap 3.97%
Second Best
Apartment 5plus
$307.9K
$269.4K – $359.2K
NOI $21,552 @ 7.0% cap · market cap 3.62%
Theoretical Best
Office A
$541.6K
$473.9K – $631.9K
NOI $37,912 @ 7.0% cap · market cap 6.37%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Location Intelligence
Trade Area within ½ mile
699
Businesses Nearby
Explore this area
Business Placement
Demographics for 95603, CA
28,021
Population
12,538
Households
2.2
Avg Household Size
49
Median Age
33%
College-Educated
92%
High-School Grad
35.8 sq mi
ZIP Area
783
Density / Sq Mi
$80,851
Median Household Income
$44,207
Median Earnings
$1,451
Median Rent
$613,900
Median Home Value
Market
Vacancy Rate% for Multifamily in West region
Frequently Asked Questions
What type of property is this?
Duplex - Both residences include private laundry, kitchen appliances, and assigned parking, with additional secured storage at the rear.
Where is this duplex located?
The property is located at 129 Diamond Street Auburn, CA.
What is the asking price?
The asking price for this property is $595,000.
What are key features of this property?
This property features: Two separate units, each with 2 bedrooms and 1 bathroom; Upper residence includes vinyl flooring and backyard views; Lower residence features an open kitchen and living area
