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 throughout 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. Buyers to conduct their own due diligence regarding permits, square footage, and any other property details.
Newmark, as the exclusive advisor, is pleased to present the opportunity to acquire 5940-5942 Rye Way, a well-maintained duplex in the heart of Carmichael. Priced at $605,000, this 1977-built property features a 1,134 SF 2-bedroom/2-bathroom unit and a 984 SF 2-bedroom/1-bathroom unit. The asset is 100% occupied by long-term tenants on month-to-month leases, offering immediate stability with significant rental upside. The property is in turnkey condition following a series of recent capital improvements, including full kitchen and bathroom remodels in 2019, HVAC updates in 2014 and 2023, and a full exterior paint refresh in 2014. These upgrades minimize near-term maintenance costs for a new owner. Located near the Crestview Village Shopping Center and the I-80 corridor, this duplex is a rare, low-maintenance investment in a high-demand rental pocket. Notably, this property can be purchased individually or as part of a three-duplex portfolio, as the seller is also offering 5904-5906 Bourbon Way and 5908-5910 Bourbon Way located just around the corner.
Newmark, as the exclusive advisor, is pleased to present the opportunity to acquire 5904/5906 Bourbon Way, Carmichael, Ca. Built in 1977, this duplex offers a premier turn-key investment priced at $620,000. The property features a 1,134 sq. ft. 2-bed/2-bath unit, and a 984 sq. ft. 2-bed/1-bath unit. Both of the units are occupied by reliable, long-term tenants on month-to-month leases. This occupancy provides immediate cash flow with the rare flexibility to transition to market-rate rents or owner-occupancy. For investors seeking to scale, the adjacent duplex at 5908/5910 Bourbon Way is also for sale at $625,000, offering a unique opportunity to acquire four contiguous units in a stabilized suburban submarket. The asset has been meticulously maintained through a comprehensive capital improvement program that significantly minimizes near-term maintenance risks. Major upgrades completed in 2019 include a new roof, new HVAC systems, and a full exterior repaint. Additionally, the kitchens and bathrooms were modernized between 2016 and 2019, ensuring the interiors remain highly competitive. At approximately $292 per square foot, this property represents an exceptional balance of mechanical reliability and aesthetic appeal in a high-demand location.
We are pleased to present the opportunity to acquire 5908-5910 Bourbon Way. Priced at $625,000, this duplex is a standout investment in Carmichael, offering a rare combination of modern upgrades and immediate flexibility for an owner-user or investor. This 2,118-square-foot property features two distinct units: 5908 Bourbon: a spacious 1,134 sq. ft. 2-bedroom/2-bathroom unit, and 5910 Bourbon, a well-proportioned 984 sq. ft. 2-bedroom/1-bathroom unit. The property underwent a comprehensive capital improvement program in 2019, which included a full roof replacement, new HVAC systems for both units, and modernized kitchens and bathrooms. These extensive upgrades, paired with a full exterior repaint in 2014, significantly lower the risk of future maintenance costs and ensure the asset remains highly competitive in the local rental market. Unit 5910, a buyer has the immediate opportunity to move in or place a new tenant at current market rates without the delay of a lease expiration. At approximately $295 per square foot, this turn-key duplex represents an exceptional value for a fully modernized multi-family asset in a prime suburban location. 5904/5906 Bourbon Way is also for sale for $620k, same ownership group.
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 $595,000, 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, both units are vacant, providing an immediate opportunity for an owner-user and/or market-rate lease-up.
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.
