2432 Camino Garden Way, Carmichael, CA 95608, Carmichael, 95608 - 5 bed, 3 bath

2432 Camino Garden Way, Carmichael, CA 95608 home-pic-0
ACTIVE$925,000
2432 Camino Garden Way, Carmichael, CA 95608
5Beds
3Baths
2,471Sqft
6,848Lot

Price Vs. Estimate

Estimation data not available

Key pros and cons

Top Pros:
Extensive Modern Renovation: The property has undergone over $150K in upgrades, including a brand-new flat roof, new siding, dual-pane windows, remodeled kitchens and bathrooms, new LVP flooring, and fresh paint, making it practically rebuilt and modern.
Top Cons:
Original Construction Age: Despite extensive renovations, the property's original construction year of 1979 means some underlying structural or utility systems may still be older, potentially requiring future attention.

Compared to the nearby listings

Price:$925.0K vs avg $560.0K (+$365,000)73%
Size:2,471 sqft vs avg 1,870 sqft73%
Price/sqft:$374 vs avg $26673%

More Insights

Built in 1979 (46 years old).
Condition: This property has undergone an extensive and recent renovation, described as 'practically rebuilt' with over $150K in upgrades. The kitchens and bathrooms are fully remodeled with new cabinets, modern countertops, stainless steel LG appliances, high-end fixtures (Moen, Toto), and stylish tiling, all appearing new and contemporary. New LVP flooring, modern lighting, dual-pane windows, new roof, siding, and fresh paint throughout contribute to an 'excellent' condition, meeting current quality standards with virtually no deferred maintenance. While the original build year is 1979, the comprehensive updates effectively make it a new property in terms of condition and aesthetics.
Year Built
1979
Close
-
List price
$925K
Original List price
-
Price/Sqft
$374
HOA
$0
Days on market
-
Sold On
-
MLS number
225097117
Home ConditionExcellent
Features
Patio
View-

About this home

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.

Price History

Date
Event
Price
05/11/01
Sold
$220,000
04/05/22
Sold
$655,000
Condition Rating
Excellent

This property has undergone an extensive and recent renovation, described as 'practically rebuilt' with over $150K in upgrades. The kitchens and bathrooms are fully remodeled with new cabinets, modern countertops, stainless steel LG appliances, high-end fixtures (Moen, Toto), and stylish tiling, all appearing new and contemporary. New LVP flooring, modern lighting, dual-pane windows, new roof, siding, and fresh paint throughout contribute to an 'excellent' condition, meeting current quality standards with virtually no deferred maintenance. While the original build year is 1979, the comprehensive updates effectively make it a new property in terms of condition and aesthetics.
Pros & Cons

Pros

Extensive Modern Renovation: The property has undergone over $150K in upgrades, including a brand-new flat roof, new siding, dual-pane windows, remodeled kitchens and bathrooms, new LVP flooring, and fresh paint, making it practically rebuilt and modern.
High Rental Income Potential: Advertised with a high rental income potential exceeding $63,000 annually, this duplex offers a strong cash flow opportunity for investors.
Turnkey Investment Property: Described as a 'turnkey' property, it is ready for immediate occupancy or rental, minimizing initial effort and additional investment for the new owner.
Low-Maintenance Features: The property benefits from new concrete throughout and low-maintenance landscaping with rock and artificial grass, reducing ongoing upkeep costs and effort.
Desirable Location Amenities: Its proximity to Anciel Hoffman Park, the river, local restaurants, and shopping enhances its appeal to potential tenants and contributes to long-term property value.

Cons

Original Construction Age: Despite extensive renovations, the property's original construction year of 1979 means some underlying structural or utility systems may still be older, potentially requiring future attention.
Unspecified HVAC System Condition: The detailed list of upgrades does not explicitly mention the condition or replacement of the HVAC system, which, if original or outdated, could lead to higher energy costs or future replacement needs.
Significant Price Appreciation: The current list price of $925,000 represents a substantial increase from its last sale price of $655,000 in 2022, which, even with significant upgrades, may warrant careful market analysis regarding its current value and future appreciation potential.

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