Newmark, as the exclusive advisor, is pleased to present the opportunity to acquire a versatile duplex investment located at 3332 Jayanne Way / 5401 Kimsue Ct in Carmichael, California. Offered at $620,000, this 1,939-square-foot property was constructed in 1976 and sits on a spacious 0.20-acre corner lot. The building features a unique layout where each unit enjoys its own street frontage and entrance: 3332 Jayanne Way is a 2-bedroom, 1-bathroom unit ( sf) currently rented at $1,520, while 5401 Kimsue Ct is a 2-bedroom, 2-bathroom unit ( sf) rented at $1,925. Both units are occupied by reliable, long-term tenants on month-to-month leases, providing immediate stable cash flow with the flexibility to adjust to market rates. The property has been well-maintained, featuring a fresh exterior paint job completed in 2020. This offering is further enhanced by the availability of the adjacent duplex at 3312/3314 Jayanne Way, offered by the same ownership for $605,000. Whether purchased as a standalone asset or as part of this contiguous package, the Kimsue/Jayanne duplex offers a stabilized foundation with significant upside in one of Carmichaels most desirable rental pockets.
Newmark, as the exclusive advisor, is pleased to present the opportunity to acquire a high-quality duplex located at 3312/3314 Jayanne Way in Carmichael, California. Offered at $605,000, this well-maintained asset was constructed in 1976 and features two identical 2-bedroom, 1-bathroom units, each spanning 924 square feet. The property has undergone extensive capital improvements, including new HVAC systems (2016/2023), a kitchen remodel (2022), bathroom updates (2019/2020), and fresh exterior paint (2016). Currently, unit 3312 is occupied on a month-to-month basis at $1,875, while unit 3314 is delivered vacant, providing an immediate opportunity for an owner-user or a market-rate lease-up. This offering is further enhanced by the rare availability of the neighboring duplex at 3332 Jayanne Way / 5401 Kimsue Ct, also offered by the same ownership for $620,000. Investors have the unique chance to purchase these properties individually or as a contiguous portfolio, allowing for immediate economies of scale and simplified management. Acquiring both assets secures a prime four-unit footprint on a quiet residential block, combining the stabilized income and modern upgrades of the Jayanne Way property with the additional privacy and corner-lot presence of the Kimsue Court duplex.
Welcome to this charming corner lot home located in the desirable city of Carmichael. This updated property of 2156sf consist of a single story home with 3 beds, 1 bath and a ADU studio unit with approximately 480sf that has 1 full bathroom. Laminate floor through out living room, hallway and bedrooms while tiles in the kitchen. Freshly new paints through out the interior and exterior of both units. It's in ZONE RD-40. Don't miss this great opportunity to own a home in the heart of Carmichael.
Carmichael is located in California. Carmichael, California has a population of 77,358. Carmichael is less family-centric than the surrounding county with 29.16% of the households containing married families with children. The county average for households married with children is 33.01%.
The median household income in Carmichael, California is $74,184. The median household income for the surrounding county is $76,422 compared to the national median of $69,021. The median age of people living in Carmichael is 40.5 years.
The average high temperature in July is 93 degrees, with an average low temperature in January of 39.3 degrees. The average rainfall is approximately 20.4 inches per year, with 0 inches of snow per year.
