200 Pne St, Auburn, CA 95603-4708
- Residential income homes
- 7,400 SF
- 0.40 lot acres
Current Use by Public Records
- Residential income homes
Property Details for 200 Pne St
- Year built
- 1984
- Construction
- WOOD
- Lot size
- 0.40 lot acres
- Zone code
- R3
- Property type
- Residential income homes
- Property subtype
- Small apartment buildings
- APN
- 002-092-045-000
- APU
- 2092045000
Sales History
| Date | Price | Buyer | Seller | Deed Type | Mortgage |
|---|---|---|---|---|---|
| Dec 30, 2025 | $1,960,000 | Gray Salmon Holdings LLC | The Carreiro Family Trust | Grant Deed | — |
| Jun 21, 2021 | — | John D Carreiro | John D Carreiro | Intrafamily Transfer · related | — |
| Sep 6, 2016 | $870,000 | John D Carreiro | Dl Investors Group LLC | Grant Deed | $609k · Jpmorgan Chase Bank NA |
| Jan 4, 2016 | $685,000 | Dl Investors Group LLC | J G Schulze | Grant Deed | $480k · Jpmorgan Chase Bank NA |
| — | — | Schulze J G Trust | — | Deed Of Trust · related | $200k · Mechanics Bank |
Description
This exceptional 8-unit apartment building presents a compelling investment opportunity in the thriving city of Auburn, CA. Boasting a 5.42% cap rate and a pro-forma cap rate of 5.65%, this stabilized property offers strong potential for immediate returns and future growth. The property comprises two, two-story buildings totaling 7,650 square feet, situated on a 0.4-acre lot with ample parking (14 spaces). Built in 1984 and extensively renovated in 2024, the property currently enjoys 100% occupancy, generating a net operating income (NOI) of $121,982, with a pro-forma NOI of $127,076. The property is zoned R and features a desirable location just off I-80, providing easy access to major transportation routes and nearby amenities, including numerous national retailers and Auburn's vibrant downtown area. Over $320,000 in capital improvements have been made. The strong local market, with a vacancy rate near 2%, and a significant influx of residents, creates a favorable environment for rent increases and long-term appreciation. This is a rare opportunity to acquire a well-maintained, high-performing multifamily asset in a rapidly growing market. The property's location in Auburn, known for its high median home prices exceeding $600,000, creates a substantial gap between the cost to own and the cost to rent, further enhancing its investment appeal. The Placer County Assessor's Parcel Number (APN) is 002-092-045-000.
Value Estimations
-
AI approach
- Method
- Estimation
- Statistic approach
- $705,000
- ML approach
- $540,000
-
Comparable approach
- Method
- Estimation
- AI Estimate
- $870,000
Market price range: $380k - $1.54M
Get a detailed, property-specific estimation — fast and free
Location Insight
- Map
- Local Demand
- City
- Auburn
- County
- Placer
- State
- California
- Longitude
- -121.073
- Latitude
- 38.9007
- CBSA code
- 40900
- CBSA name
- SACRAMENTO--ARDEN-ARCADE--ROSEVILLE, CA METROPOLITAN STATISTICAL AREA
