2804 California Avenue, Carmichael, CA 95608, Carmichael, 95608 - 5 bed, 3 bath
2804 California Avenue
Carmichael, CA 95608
Property Price
SUMMARY
Analysis of 2804 California Avenue, Carmichael, CA 95608 is currently available with a list price of $1,450,000. The property maintains a Tear down Condition Rating (10/100), reflecting significant deferred maintenance. This property is best suited for experienced investors or developers prepared for substantial renovation work. Located in a high-demand neighborhood within the Carmichael Unified School District, this asset is categorized as a low-risk, high-reward acquisition suitable for Experienced Investors and Fix-and-Flip Specialists.
Condition Analysis
OVERALL CONDITION SCORE
Property is land value only, full reconstruction required.
The property was built in 1946, making it over 75 years old. The listing explicitly states the 'House is in shell condition' and is 'uninhabitable as-is,' necessitating a complete renovation or rebuild. This indicates the existing structure is beyond practical repair for residential use, and its value is based solely on the land and its development potential. There are no functional kitchens or bathrooms to assess, as the house is essentially a stripped-down shell.
PROSSTRENGTHS & OPPORTUNITIES
- High Available Lot Utilization
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 84506, living area = 2864.
- Significant Development Potential
The property offers exceptional development opportunities with a tentative map approved for 3 lots and the ability to add 3 ADUs, maximizing land value for investors or developers.
- Expansive Lot Size
An impressive 84,506 sqft (approximately 1.94 acres) lot provides ample space for various uses, privacy, and future expansion or development.
CONSRISKS & DEFICIENCIES
- Extensive Renovation Required
The house is explicitly stated to be in 'shell condition,' necessitating a complete and costly renovation or rebuild, making it uninhabitable as-is.
- Significant Capital Investment
Beyond the purchase price, buyers must be prepared for substantial additional investment in construction and development costs to realize the property's full potential.
- Project-Oriented Purchase
This property is not a move-in ready home but a complex development project, limiting its appeal to a specific type of buyer (investors, developers, or those seeking a custom build).
About 2804 California Avenue
Lot Split Possible, See Remarks. Also appears in Land: MLS #224112042. Near Ancil Hoffman Park and Golf Course. House is in shell condition. Tentative Map was approved for 3 lots. Can add 3 ADUs. Zoned for horses.
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1946
- Lot Size
- 84,506 Sq. Ft.
Interior
- Total Bedrooms
- 5
- Total Bathrooms
- 3 (3 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $0 / Month
Neighborhood Insights
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 5.0 | 3.0 | 94% |
| Baths | 3.0 | 2.0 | 71% |
| Square foot | 2,864 | 1,707 | 93% |
| Lot Size | 84,506 | 9,696.5 | 99% |
| Price | $1.45M | $547.5K | 98% |
| Price per sq ft | $506 | $350 | 96% |
| Built year | 1946 | 1963 | 8% |
| HOA | $0 | $0 | 50% |
| Days on market | 211 | 170 | 69% |
Pricing History
Listed for Sale
Aug 8, 2025
$1,450,000
Initial Listing
Sold
Sep 14, 2021
$850,000
Public Record
Sold
Apr 10, 2019
$705,000
Public Record