3332 Jayanne Way, Carmichael, CA 95608, Carmichael, 95608 - 0 bed, 0 bath
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Carmichael, CA 95608
This Stabilized Residential Income Duplex represents a strategic Value-Add Asset listed at $620,000, positioned near its $604,322 Fair Market Value. The property features a unique corner layout with private street frontages and a Condition Rating of 4, indicating a well-maintained 1976 build with significant modernization potential. Currently occupied by reliable tenants on month-to-month leases, the asset provides immediate cash flow with the flexibility to adjust to market rates. This is a prime acquisition for Buy-and-Hold Investors or Portfolio Builders looking to scale in a high-demand Carmichael rental pocket.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 3332 Jayanne Way Subject | $620,000* List Price | 0 | 0 | 1,939 | $312 | - |
A 3312 Jayanne Way Pending | $605,000 List Price | 4 | 0 | 1,848 | $327 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
The property, built in 1976, is well-maintained but remains largely in an outdated condition consistent with its age. Interior images reveal dated features such as popcorn ceilings, wood paneling, and older kitchen appliances including a coil-top electric stove. While the bathrooms show some minor updates and the exterior was painted in 2020, the home lacks the comprehensive modern renovations required for a 'good' or 'excellent' rating. It is functional and tenant-occupied, but major systems and aesthetic components are nearing the end of their typical lifespan.
The property is situated on a spacious corner lot where each unit features its own private entrance and street frontage, providing a single-family home feel that is highly desirable for tenants.
Both units are occupied by reliable, long-term tenants on month-to-month leases, ensuring immediate rental income while allowing the new owner the flexibility to adjust rents to market rates.
The availability of the adjacent duplex from the same ownership offers a rare opportunity to acquire a contiguous investment package, increasing management efficiency and local market presence.
Built in 1976, the property may soon require capital improvements for major systems such as roofing, plumbing, or electrical that are typical for a building of this vintage.
Current rental income may be below the maximum market potential, requiring the investor to navigate rent increases or tenant transitions to fully realize the property's upside.
Newmark, as the exclusive advisor, is pleased to present the opportunity to acquire a versatile duplex investment located at 3332 Jayanne Way / 5401 Kimsue Ct in Carmichael, California. Offered at $620,000, this 1,939-square-foot property was constructed in 1976 and sits on a spacious 0.20-acre corner lot. The building features a unique layout where each unit enjoys its own street frontage and entrance: 3332 Jayanne Way is a 2-bedroom, 1-bathroom unit ( sf) currently rented at $1,520, while 5401 Kimsue Ct is a 2-bedroom, 2-bathroom unit ( sf) rented at $1,925. Both units are occupied by reliable, long-term tenants on month-to-month leases, providing immediate stable cash flow with the flexibility to adjust to market rates. The property has been well-maintained, featuring a fresh exterior paint job completed in 2020. This offering is further enhanced by the availability of the adjacent duplex at 3312/3314 Jayanne Way, offered by the same ownership for $605,000. Whether purchased as a standalone asset or as part of this contiguous package, the Kimsue/Jayanne duplex offers a stabilized foundation with significant upside in one of Carmichaels most desirable rental pockets.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 0.0 | 4.0 | 11% |
| Baths | 0.0 | 3.0 | 11% |
| Square foot | 1,939 | 2,047 | 44% |
| Lot Size | 8,712 | 8,276 | 56% |
| Price | $620.0K | $640.0K | 44% |
| Price per sq ft | $320 | $313 | 56% |
| Built year | 1976 | 1977 | 44% |
| HOA | $0 | $0 | 50% |
| Days on market | 57 | 94 | 22% |
Feb 25, 2026
$620,000
Initial Listing
May 1, 2000
$68,000
Public Record
Nov 17, 1997
$126,500
Public Record