
Carmichael, CA 95608
This Strategic Residential Income Duplex represents a Prime Investment Opportunity, listed at $599,000—positioned well below the $613,969 Fair Market Value by 2%. This valuation gap provides $14,969 in Instant Equity at closing. Featuring a Condition Rating of 3, both units boast updated luxury vinyl plank flooring, open-concept kitchens, and private backyards with patios. With individual garages and laundry hookups, the property is optimized for high rental demand or a "house-hack" strategy. This is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking to offset living expenses.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 3329 Jayanne Way Subject | $599,000* List Price | 4 | 2 | 1,848 | $332 | - |
A 4905 Douvan Court Sold | $595,000 | 4 | 2 | 1,826 | $326 | 0.9 mi |
B 3312 Jayanne Way Pending | $605,000 List Price | 4 | 0 | 1,848 | $327 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
The property is move-in ready and features significant recent cosmetic updates, including new luxury vinyl plank flooring throughout and fresh interior paint. While the building was constructed in 1976, the interiors have been well-maintained with updated range hoods and clean cabinetry. Although some fixtures like the fluorescent kitchen lighting and coil-top electric stoves are dated, the overall condition is clean, functional, and requires no immediate renovation.
This duplex offers excellent versatility for investors or owner-occupiers, providing the opportunity to live in one unit while generating rental income from the other to offset mortgage costs.
Both units feature updated luxury vinyl plank flooring and open-concept kitchens, creating a contemporary aesthetic that appeals to high-quality tenants and minimizes immediate renovation needs.
Each unit is equipped with its own single-car garage featuring laundry hookups and a large private backyard, significantly increasing the property's desirability and rental value in the Carmichael market.
Constructed in 1976, the property may require future capital expenditures for major systems such as the roof, HVAC, or plumbing that are nearing the end of their typical lifespans.
Each two-bedroom unit contains only one bathroom, which may be a competitive disadvantage compared to newer multi-family properties that offer 1.5 or 2 bathrooms per unit.
Calling all Investors/Owner Occupiers! Golden Opportunity to build your portfolio with this GEM of a duplex. Live in one unit and earn income on the other unit! Or utilize both units for income, the choice is yours! Enjoy the laminate wood flooring throughout each 2 bedroom/1 bathroom unit. The Kitchens in both units open to large Den areas with slider access to the exterior. Each unit has a large private backyard. Each unit offers spacious single car garages with W/D hook-ups. Great location in Carmichael near restaurants, schools, and stores.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 4.0 | 4.0 | 50% |
| Baths | 2.0 | 3.0 | 44% |
| Square foot | 1,848 | 2,047 | 44% |
| Lot Size | 6,216 | 7,776 | 22% |
| Price | $599.0K | $640.0K | 44% |
| Price per sq ft | $324 | $313 | 56% |
| Built year | 1976 | 1977 | 44% |
| HOA | $0 | $0 | 50% |
| Days on market | 19 | 93 | 11% |
Apr 3, 2026
$599,000
Initial Listing
Dec 17, 2003
$205,500
Public Record