
Carmichael, CA 95608
This High-Quality Duplex Asset is offered at a List Price of $605,000, representing a stable entry point aligned with its $600,771 Fair Market Value. The property features extensive capital improvements, including a 2022 Kitchen Remodel, updated bathrooms, and New HVAC Systems, supporting a Condition Rating of 4. With one unit delivered vacant and the other on a month-to-month lease, the asset provides immediate flexibility for rental upside or residential occupancy on a quiet block. This is a strategic acquisition for Owner-Occupants looking to house-hack or Buy-and-Hold Investors seeking a turnkey-ready rental.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 3312 Jayanne Way Subject | $605,000* List Price | 4 | 0 | 1,848 | $325 | - |
A 3332 Jayanne Way Pending | $620,000 List Price | 0 | 0 | 1,939 | $320 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
While the property has received important capital improvements including recent HVAC systems and kitchen/bath updates, the overall interior condition shows significant wear. The carpets are heavily stained and require replacement, and many features like the wood paneling and popcorn ceilings remain dated, fitting the criteria for a property that is functional but requires minor cosmetic updates.
The property features significant recent upgrades including new HVAC systems (2016/2023), a 2022 kitchen remodel, and updated bathrooms, significantly reducing immediate CapEx requirements for a new owner.
With one unit delivered vacant and the other on a month-to-month lease, the property is ideal for an owner-user looking for favorable financing or an investor seeking immediate market-rate lease-up potential.
The rare opportunity to purchase the contiguous neighboring duplex allows an investor to secure a four-unit footprint on a quiet block, providing immediate economies of scale and management efficiencies.
The 2-bedroom, 1-bathroom layout with under 1,000 square feet per unit may limit the rental ceiling and appeal compared to larger multi-family units or those offering a second bathroom.
While cosmetic and HVAC systems are updated, the 1976 construction suggests that original underlying plumbing and electrical components may eventually require maintenance or modernization.
Newmark, as the exclusive advisor, is pleased to present the opportunity to acquire a high-quality duplex located at 3312/3314 Jayanne Way in Carmichael, California. Offered at $605,000, this well-maintained asset was constructed in 1976 and features two identical 2-bedroom, 1-bathroom units, each spanning 924 square feet. The property has undergone extensive capital improvements, including new HVAC systems (2016/2023), a kitchen remodel (2022), bathroom updates (2019/2020), and fresh exterior paint (2016). Currently, unit 3312 is occupied on a month-to-month basis at $1,875, while unit 3314 is delivered vacant, providing an immediate opportunity for an owner-user or a market-rate lease-up. This offering is further enhanced by the rare availability of the neighboring duplex at 3332 Jayanne Way / 5401 Kimsue Ct, also offered by the same ownership for $620,000. Investors have the unique chance to purchase these properties individually or as a contiguous portfolio, allowing for immediate economies of scale and simplified management. Acquiring both assets secures a prime four-unit footprint on a quiet residential block, combining the stabilized income and modern upgrades of the Jayanne Way property with the additional privacy and corner-lot presence of the Kimsue Court duplex.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 4.0 | 4.0 | 50% |
| Baths | 0.0 | 3.0 | 11% |
| Square foot | 1,848 | 2,047 | 44% |
| Lot Size | 6,534 | 7,776 | 22% |
| Price | $605.0K | $640.0K | 44% |
| Price per sq ft | $327 | $313 | 67% |
| Built year | 1976 | 1977 | 44% |
| HOA | $0 | $0 | 50% |
| Days on market | 57 | 94 | 22% |
Feb 25, 2026
$605,000
Initial Listing
May 1, 2000
$125,000
Public Record
Nov 13, 1997
$115,000
Public Record