luxury apartments / penthouses with sea view for sale Placer County, United States

Turn-key downtown Auburn triplex with strong income potential and fully renovated systems. Located in the heart of downtown Auburn, 124, 126 and 128 Oakwood Drive offer a rare opportunity to acquire a fully reimagined multi-unit property in a highly walkable, in-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.