
Carmichael, CA 95608
This property presents a High-Potential Investment Opportunity with a List Price of $430,000—positioned well below the $419,205 Fair Market Value by -2%. While the home requires a full renovation due to its Fair Condition Rating, the expansive 10,001 sqft lot and mid-century architectural character provide a solid foundation for forced appreciation. With potential RV access and multiple storage sheds, this asset offers significant value-add potential for Fix-and-Flip Investors or Contractors seeking to modernize a classic Carmichael residence.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 2508 Mission Ave Subject 3 bd · 2 ba · 1,370 sqft · $306 | $430,000* List Price | 3 | 2 | 1,370 | $306 | - |
A 4700 Robertson Avenue Sold 2 bd · 2 ba · 1,673 sqft · $278 · 0.7 mi | $465,000 | 2 | 2 | 1,673 | $278 | 0.7 mi |
B 4917 Boyd Dr Active 4 bd · 2 ba · 1,406 sqft · $324 · 0.4 mi | $455,000 List Price | 4 | 2 | 1,406 | $324 | 0.4 mi |
* Subject property listed price vs sold prices of comps.
Property is extensive renovation needed.
Built in 1954 (70 years old) with no evidence of recent major renovations. The kitchen features dated painted cabinets and laminate countertops, and the interior shows significant wear including worn carpeting, missing closet doors, and aged fixtures. The listing description confirms the home retains 'original details' and needs 'vision,' indicating a full rehab is required to address the 30-50+ year old finishes and likely aging systems.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 10001, living area = 1370.
The home features desirable mid-century elements like open-beam ceilings and large windows that provide abundant natural light and unique character.
Situated on a generous 10,001 sqft lot, the property offers ample space for gardening and entertaining, plus the added utility of potential RV access and multiple storage sheds.
The home retains many of its original 1954 details, suggesting that a significant budget for cosmetic and functional updates will be necessary to meet modern standards.
Given the home's age and 'great bones' description, buyers should anticipate potential maintenance or upgrades to older systems typical of mid-century builds.
Mid-century character, a spacious lot, and plenty of possibilities in the heart of Carmichael. Step inside and the open-beam ceilings, walls of natural light and brick fireplace immediately give this home a personality all its own. The open living and kitchen areas create an easy, connected layout, while the home's original details offer a fun opportunity to bring your own style and vision. Outside, the large backyard gives you room to garden, entertain, play or simply enjoy the extra space, along with a covered patio, two storage sheds, an oversized driveway and potential RV access. Conveniently located near shopping, dining, schools and everyday amenities, this is a home with great bones, unique character and room to make it your own.
No exterior & parking available.
Grades K-6 • 4.2 mi
Grades K-8 • 0.6 mi
Grades 6-8 • 1.9 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 3.3 |
| Baths | 2.0 | 2.3 |
| Square foot | 1,370 | 1,856.281 |
| Lot Size | 10,001 | 9,971.489 |
| Price | $430.0K | $608.9K |
| Price per sq ft | $314 | $347 |
| Built year | 1954 | 1964 |
| HOA | $0 | $192 |
| Days on market | 18 | 48 |
Oct 6, 2026
$430,000
Initial Listing
Apr 25, 2023
$465,000
Public Record
Jan 11, 2002
$150,000
Public Record