
Carmichael, CA 95608
This property presents a High-Potential Investment Opportunity with a List Price of $525,000—positioned well below the $529,299 Fair Market Value by 0.8%. This valuation gap offers $4,299 in Instant Equity. Featuring a Fair Condition Rating, the home includes a newer HVAC and roof, though the interior remains a blank canvas for modernization. The massive 15,246 sq. ft. lot provides significant upside for expansion or ADU development. This is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking to build long-term value.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 2724 Doris Court Subject | $525,000* List Price | 3 | 2 | 1,690 | $313 | - |
A 4700 Robertson Avenue Sold | $465,000 | 2 | 2 | 1,673 | $278 | 0.4 mi |
B 2661 Foothill Drive Sold | $513,000 | 3 | 3 | 1,663 | $308 | 0.3 mi |
C 3207 Terry Way Sold | $475,000 | 3 | 2 | 1,470 | $323 | 0.8 mi |
D 4720 Robertson Avenue Pending | $549,000 List Price | 3 | 2 | 1,625 | $338 | 0.4 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1964, this home is well-maintained but largely dated. While it features essential system upgrades like a newer HVAC and roof, the kitchen remains in a vintage state with original-style cabinetry and tile countertops. The primary bathroom has a newer shower, but the overall interior aesthetic and secondary bathroom require modernization to meet current standards.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 15246, living area = 1690.
The massive +/- 15,246 sq. ft. lot offers exceptional potential for expansion, professional landscaping, or the addition of an ADU, providing rare outdoor versatility for the area.
The property features a newer central heating and air conditioning system and a well-maintained newer composition shingle roof, reducing immediate capital expenditure for the buyer.
The kitchen and bathrooms feature original elements such as tile countertops and older appliances, which may require a significant budget for modern updates to meet current market trends.
Laundry facilities are located in the garage rather than a dedicated interior mudroom or closet, which may be considered a convenience drawback for some homeowners.
This +/- 1,690 sq.ft. mid-century modern home in Carmichael sits on a massive +/- 15,246 sq. ft. lot offering incredible potential for expansion, landscaping and outdoor entertaining. Key upgrades are a newer central heating and air conditioning system offering year round comfort. The roof is a newer composition shingle that has been regularly maintained. The interior has been brightened up with a fresh coat of paint. It features a spacious kitchen equipped with an electric cooktop, built-in oven, dishwasher, refrigerator, tile countertops, exhaust fan, and garbage disposal. The flooring throughout combines hardwood and tile for easy maintenance. Enjoy a cozy fireplace in the separate family room providing a warm gathering space. The home includes three bedrooms and two full bathrooms, with the primary bathroom offering a newer tiled stall shower and an additional hall bathroom featuring a shower over tub. Laundry facilities are conveniently located in an oversized two-car garage with room for extra storage or a small workshop. The dining area is integrated into the living room creating an open and inviting layout. This home maintains its original classic charm and is an open canvas for a discerning buyer to build upon.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 3.0 |
| Baths | 2.0 | 2.0 |
| Square foot | 1,690 | 1,713.891 |
| Lot Size | 15,246 | 9,593.696 |
| Price | $525.0K | $573.8K |
| Price per sq ft | $311 | $343 |
| Built year | 1964 | 1964 |
| HOA | $0 | $194 |
| Days on market | 15 | 43 |
Aug 25, 2026
$525,000
Initial Listing