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$5,100,000 Just Listed

  • For Sale
  • Active
  • Multi-Family
  • Updated 4 days ago
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Nestled in the scenic hills of Auburn, this rare investment opportunity features four buildings housing a total of 21 townhomes and 1 flat. The property includes 20 spacious two-bedroom units and 2 cozy one-bedroom units, making it a versatile asset for various tenant needs. Some units has been thoughtfully updated with newer flooring, fresh interior paint, and granite countertops in the kitchens, blending modern touches with comfort and durability. Residents will appreciate the convenience of covered parking, providing protection from the elements and added value to this well-maintained community. Situated in a desirable location, this property offers a serene living environment with easy access to local amenities and major transportation routes. Ideal for investors seeking stable rental income in a growing area. Don't miss this chance to own a solid-performing property in one of Auburn's most sought-after neighborhoods!

Full Property Details for 13340 Luther Rd

General

  • Price: $5,100,000
  • Status: Active
  • Type: Multi-Family
  • Source: METROLIST_Cali
  • MLS ID: 224127695
  • Updated: 11/22/2024
  • Added to Site: 4 day(s) ago

Interior

  • Appliances: Free Standing Gas Oven, Built-In Electric Oven, Free Standing Gas Range, Free Standing Refrigerator, Gas Cook Top, Microwave, Dishwasher, Plumbed For Ice Maker
  • Flooring: Carpet, Tile, Laminate

Rooms

Other Rooms

  • Laundry: Coin Operated, In Common Area

Parking

  • Total Spaces: 36
  • Parking: Covered, Guest Parking Available

Location

  • Area: 12301
  • County: Placer
  • Cross Streets: Bowman Lane
  • Driving Directions: From business 80 take exit 121 toward Auburn Ravine Road, turn left. At Bowman Road, turn right, then left on to Luther Road, Olive Court Apartments is on the left.

School Information

  • School District: Placer
  • Elem School District: Placer Hills Union
  • Midd School District: Ackerman Elementary
  • High School District: Placer Union High

Heating & Cooling

  • Cooling Type: Central
  • Heating Type: Central, Gas

Utilities

  • Sewer: Septic System, Sewer Connected, Public Sewer
  • Water: Public
  • Cable Available: Yes
  • Utility Description: Cable Available, Cable Connected, City, Internet Available

Structural Information

  • Architectural Style: One, Two
  • Construction Status: New Construction, Original
  • Construction: Stone, Stucco, Wood Siding
  • Foundation: Slab
  • Roof: Composition
  • Windows: Dual Pane Full
  • Stories/Levels: 1
  • Square Feet: 19,250
  • Sq. Ft. Source: Assessor Agent-Fill
  • Year Built: 1997

Unit Information

  • Units in Building: 22

Lot Features

  • Lot Size (Acres): 1.5
  • Lot Size (Sq. Ft.): 65,340
  • Irrigation System: Public District, None
  • Zoning: RM-DL 15-DC
  • Lot Description: Curbs/Gutters

Disclosures and Reports

  • Special Conditions: None
  • APN: 054-171-003
Buyer's Brokerage Compensation: Contact Listing Agent
Not binding unless confirmed by separate agreement among applicable parties.

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— 13340 Luther Rd —

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with our affiliated lender
NMLS#: 1598647

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Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

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Schools serving 13340 Luther Rd

School Districts:Ackerman Elementary School District, Placer Union High School District
RatingNameGradesDistance
7
Bowman Charter School
13777 Bowman Rd, Auburn, CA 95603
K-80.6 mi
8
Placer High School
275 Orange St, Auburn, CA 95603
9-122.3 mi
8
Colfax High School
24995 Ben Taylor Rd, Colfax, CA 95713
9-1213.4 mi
Disclaimer: School ratings provided by GreatSchools. Ratings are on a scale of 1-10. Learn more about GreatSchools ratings. School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 13340 Luther Rd Get Price Alerts and Save Property

Date
Details
Price
Change
Source
11/22/2024
Listed
$5,100,000
24.88%
MLS
1/09/2020
Sold
$4,084,000
—
Public Record
Get Price Alerts and Save Property
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Tax History for 13340 Luther Rd

Year
Property Taxes
Change
Tax Assessment
Change
2023
$63,733
—
$4,389,262
2%
2023
$63,733
2%
$4,300,811
2%
2022
$62,441
3%
$4,216,569
2%
2021
$60,779
20%
$4,130,640
30%
2020
$50,843
17%
$3,180,232
28%
2019
$43,550
-10%
$2,487,525
-19%
2018
$48,416
50%
$3,055,000
108%
2017
$32,179
1%
$1,465,899
2%
2016
$31,860
1%
$1,437,157
2%
2015
$31,501
1%
$1,415,571
2%
2014
$31,285
—
$1,387,843
—
2013
$31,338
—
$1,384,382
—
View All
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

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13340 Luther Road, Auburn, CA 95603 (MLS# 224127695) is a Multi-Family property with 22 units containing 0 bedrooms and 0 full bathrooms. 13340 Luther Road is currently listed for $5,100,000 and was received on November 22, 2024. This property is listed by Marlo Jordan from our Elk Grove Office.Want to learn more about 13340 Luther Road? Do you have questions about finding other Multi-Family real estate for sale in Auburn? You can browse all Auburn real estate or contact a Coldwell Banker agent to request more information.

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