2905 Garfield Avenue, Carmichael, CA 95608, Carmichael, 95608 - 3 bed, 0 bath
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Carmichael, CA 95608
This Residential Income Duplex presents a High-Potential Investment Opportunity with a List Price of $565,000—positioned well below the $692,702 Fair Market Value by 18%. This valuation gap offers $127,702 in Instant Equity. Featuring a Good Condition Rating with recent cosmetic updates and a functional ADU studio, the property sits on a large 12,894 sqft corner lot with RD-40 Zoning. This is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking rental income potential.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 2905 Garfield Avenue Subject | $565,000* List Price | 3 | 0 | 2,156 | $307 | - |
A 3332 Jayanne Way Sold | $589,000 | 4 | 0 | 1,939 | $304 | 0.6 mi |
B 5037 Sugar Lane Active | $629,900 List Price | 4 | 4 | 2,184 | $288 | 0.8 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
While the structure dates back to 1935, the property has undergone significant recent renovations making it move-in ready. Updates include fresh interior and exterior paint, new laminate flooring, and a modernized kitchen with updated cabinetry and stone countertops. The inclusion of a clean, functional ADU studio further demonstrates well-maintained systems and finishes consistent with a 'Good' rating.
The property includes a detached 480 sqft ADU studio with a full bathroom, providing an excellent opportunity for rental income or multi-generational living arrangements.
Situated on a generous 12,894 sqft corner lot with RD-40 zoning, the property offers significant potential for future high-density development or expansion.
Both the main house and ADU feature fresh interior and exterior paint along with updated laminate and tile flooring, offering a refreshed look for immediate occupancy.
Living area discrepancy between mls listing and other public or private record. mls listing living area = 2156, other record living area = 1676.
The main residence contains three bedrooms but only one bathroom, which may be a significant drawback for families and could impact the property's competitive edge.
The explicit requirement for buyers to verify permits and square footage suggests potential discrepancies in official records or unpermitted work that could complicate financing.
Welcome to this charming corner lot home located in the desirable city of Carmichael. This updated property of 2156sf consist of a single-story home with 3 beds, 1 bath and a ADU studio unit with approximately 480sf that has 1 full bathroom. Laminate floor throughout living room, hallway and bedrooms while tiles in the kitchen. Freshly new paints through out the interior and exterior of both units. It's in ZONE RD-40. Don't miss this great opportunity to own a home in the heart of Carmichael. Buyers to conduct their own due diligence regarding permits, square footage, and any other property details.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 0.0 |
| Baths | 0.0 | 0.0 |
| Square foot | 2,156 | - |
| Lot Size | 12,894 | - |
| Price | $565.0K | $967.5K |
| Price per sq ft | $262 | $397 |
| Built year | 1935 | 0 |
| HOA | $0 | $0 |
| Days on market | 46 | 30 |
Jun 6, 2026
$565,000
Initial Listing
Jan 19, 2022
$466,500
Public Record
Aug 23, 2007
$1,375,000
Public Record
Jun 9, 2006
$606,000
Public Record
Dec 5, 2005
$1,355,000
Public Record