2432 Camino Garden Way, Carmichael, CA 95608, Carmichael, 95608 - 5 bed, 3 bath
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Carmichael, CA 95608
This Turnkey Residential Income Duplex is listed at $825,000, representing a stable valuation for a fully modernized asset relative to its $786,116 Fair Market Value. Boasting a Mint Condition Rating, the property has undergone a comprehensive $150,000 Renovation featuring a New Flat Roof, Dual-Pane Windows, and Remodeled Kitchens with stainless steel appliances. Generating over $63,000 Annual Rent Potential, the property maximizes net income through low-maintenance Artificial Grass and a private Patio. Located near Ancil Hoffman Park, this is an exceptional acquisition for Buy-and-Hold Investors or Owner-Occupants seeking a high-yield house-hack.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 2432 Camino Garden Way Subject | $825,000* List Price | 5 | 3 | 2,471 | $334 | - |
A 2432 Camino Garden Way Active | $860,000 List Price | 5 | 3 | 2,471 | $348 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
The property has undergone a comprehensive $150K renovation, effectively making it a 'practically rebuilt' turnkey duplex. Key updates include a brand-new roof, new siding, dual-pane windows, and fully remodeled kitchens and bathrooms with modern stainless steel appliances and quartz-style countertops. With new LVP flooring, fresh paint, and updated systems, it meets the criteria for a mint-condition renovation completed within the last 5 years.
With over $150,000 in recent upgrades including a new roof, siding, and dual-pane windows, this property offers a turnkey solution with minimal immediate capital expenditure required.
The property boasts a high income potential of over $63,000 annually, presenting an exceptionally attractive cap rate for investors in the Carmichael submarket.
The use of artificial grass and rock landscaping significantly reduces water costs and ongoing yard maintenance, maximizing net operating income for the owner.
Living area discrepancy between mls listing and other public or private record. mls listing living area = 2471, other record living area = 2320.
Despite the extensive cosmetic and structural remodels, the 1979 build date implies that some original core systems may eventually require attention compared to a ground-up new construction.
The 6,848 sqft lot is relatively modest for a multi-unit property, which may limit the private outdoor utility for tenants seeking larger yard areas or garden space.
You won't find a more updated duplex! This fully remodeled, practically rebuilt property has over $150K in upgrades. Featuring high rental income potential (over 63K annual rent), it boasts a brand-new flat roof, new siding, dual-pane windows, all-new doors, and fresh concrete throughout. The kitchens and bathrooms have been remodeled, complemented by new LVP flooring, modern lighting, and fresh interior and exterior paint. The low-maintenance landscaping includes rock and artificial grass. Additional upgrades include new garage doors and all doors replaced. This turnkey property is a rare gem! Close to Anciel Hoffman Park, river, restaurants, and shopping. Check out VR 3D model.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 5.0 | 0.0 |
| Baths | 3.0 | 0.0 |
| Square foot | 2,471 | - |
| Lot Size | 6,848 | - |
| Price | $825.0K | $967.5K |
| Price per sq ft | $334 | $397 |
| Built year | 1979 | 0 |
| HOA | $0 | $0 |
| Days on market | 84 | 30 |
Apr 30, 2026
$825,000
Initial Listing
Apr 5, 2022
$655,000
Public Record
May 11, 2001
$220,000
Public Record