3425 Palestine Ln, Carmichael, CA 95608, Carmichael, 95608 - 0 bed, 0 bath
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3425 Palestine Ln
Carmichael, CA 95608
ACTIVE
CONDITION: FAIR
0Beds
0Baths
2,892Sq Ft
10,559Lot Size
Property Price
LIST PRICE$760,000
EST. MARKET VALUE
$788,286
3% BelowMARKET VALUE
SUMMARY
This property presents a Prime Investment Opportunity with a List Price of $760,000—positioned well below the $788,287 Fair Market Value by 3%. This valuation gap offers $28,287 in Instant Equity. Currently leased to a Residential Facility for the Elderly, the asset provides a stable, turnkey revenue stream. While the home maintains a Condition Rating of 4, interior updates would further enhance long-term value. This is an ideal acquisition for Buy-and-Hold Investors or Commercial Operators seeking a high-occupancy residential care facility.
Estimated Market Value
$788,286+$28,286 Equity Potential
Based on Realkey algorithm analyzing recent comparable sales in Carmichael.
Comparable Sales Map
Comparables within 1 miles sold in recently
Map unavailable.
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 3425 Palestine Ln Subject 0 bd · 0 ba · 2,892 sqft · $273 | $760,000* List Price | 0 | 0 | 2,892 | $273 | - |
A 3312 Jayanne Way Sold 4 bd · 0 ba · 1,848 sqft · $303 · 0.2 mi | $559,500 | 4 | 0 | 1,848 | $303 | 0.2 mi |
B 5513 Engle Road Sold 4 bd · 4 ba · 2,000 sqft · $325 · 0.5 mi | $650,000 | 4 | 4 | 2,000 | $325 | 0.5 mi |
C 3332 Jayanne Way Sold 4 bd · 0 ba · 1,939 sqft · $304 · 0.2 mi | $589,000 | 4 | 0 | 1,939 | $304 | 0.2 mi |
D 4920 Douvan Court Sold 2 bd · 1 ba · 1,826 sqft · $300 · 0.9 mi | $547,000 | 2 | 1 | 1,826 | $300 | 0.9 mi |
E 3431 Palestine Ln Active 0 bd · 0 ba · 2,200 sqft · $305 · 0.0 mi | $671,000 List Price | 0 | 0 | 2,200 | $305 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Fair
TeardownExcellent
Property is moderate renovation needed.
Built in 1980 (44 years old), the property appears well-maintained for its current use as a residential care facility. However, the interior finishes, including the bathroom vanity and tile flooring, are dated (likely 15-25 years old) and would require modernization for a standard residential buyer.
PROSSTRENGTHS & OPPORTUNITIES
- Immediate Income Generation
The property is currently leased to a Residential Facility for the Elderly, providing a turnkey investment with a stable and specialized revenue stream already in place.
- Substantial Square Footage
With 2,892 square feet of living space on a generous 10,559 square foot lot, the property offers the significant scale necessary for high-occupancy residential care.
- Low Operating Overhead
The absence of HOA fees reduces monthly carrying costs, maximizing the net operating income and overall cap rate for potential investors.
CONSRISKS & DEFICIENCIES
- Niche Market Appeal
The specialized use as a care facility may limit the buyer pool to specific investors, potentially making it less attractive to traditional single-family owner-occupants.
- Aging Infrastructure
Built in 1980, the property may require upcoming capital expenditures for system updates or modernizations to remain competitive and compliant with facility regulations.
About 3425 Palestine Ln
House is being leased by Residential Facility for the Elderly.
Property Details
Public Facts
- Property Type
- Residential Income
- Year Built
- 1980
- Lot Size
- 10,559 Sq. Ft.
Interior
- Total Bedrooms
- 0
- Total Bathrooms
- -
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 |
|---|---|---|
| Beds | 0.0 | 3.9 |
| Baths | 0.0 | 2.3 |
| Square foot | 2,892 | 2,001.714 |
| Lot Size | 10,559 | 9,182.429 |
| Price | $760.0K | $583.9K |
| Price per sq ft | $263 | $296 |
| Built year | 1980 | 1973 |
| HOA | $0 | $0 |
| Days on market | 8 | 108 |
Pricing History
Listed for Sale
Oct 16, 2026
$760,000
Initial Listing
Sold
Aug 6, 2020
$575,000
Public Record
Sold
Sep 25, 2006
$395,000
Public Record