
Carmichael, CA 95608
This property presents a High-Potential Investment Opportunity with a List Price of $414,900—positioned well below the $428,509 Fair Market Value by 3%. This valuation gap offers $13,609 in Instant Equity for buyers. Featuring a Condition Rating of 4, the home requires modernization, yet its 10,441 sqft lot provides significant upside for an ADU or expansion. Ideally located near Carmichael Park, this value-add asset is perfectly suited for Buy-and-Hold Investors or first-time buyers seeking to build long-term wealth through renovation.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 3524 Verla Street Subject | $414,900* List Price | 3 | 2 | 1,260 | $340 | - |
A 3601 Sareco Court Sold | $498,000 | 3 | 2 | 1,289 | $386 | 0.5 mi |
B 6250 Stanley Avenue Sold | $435,000 | 3 | 2 | 1,264 | $344 | 0.5 mi |
C 5631 Engle Road Sold | $438,000 | 3 | 1 | 1,142 | $384 | 0.6 mi |
D 3801 Horton Lane Sold | $430,000 | 3 | 1 | 1,209 | $356 | 0.7 mi |
E 3048 Garfield Avenue Sold | $436,000 | 3 | 2 | 1,114 | $391 | 0.9 mi |
F 6049 Landis Pending | $399,993 List Price | 2 | 1 | 1,336 | $299 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1958, the home is well-maintained but features a highly dated kitchen and bathrooms that appear to be 30+ years old. While functional and livable, the property requires significant cosmetic updates and modernization of systems to meet current market standards.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 10441, living area = 1260.
The property is ideally situated within walking distance to Carmichael Park and a short drive to the American River, offering excellent recreational opportunities and proximity to local amenities.
Sitting on nearly a quarter-acre, the large fenced backyard provides ample space for gardening, outdoor living, or the addition of an ADU to maximize the property's value.
Built in 1958 and described as a 'canvas for your ideas,' the home likely requires significant cosmetic updates and modernization to meet current market trends and buyer expectations.
At approximately 1,260 square feet, the interior living space may feel constrained for larger families or those seeking the spaciousness of more contemporary builds.
An exceptional opportunity awaits at 3524 Verla Street! This single-story home presents tons of potential for first-time buyers and investors alike. This well maintained home features 3 good-sized bedrooms and 2 full bathrooms across approximately 1,260 square feet and sits on a nearly 1/4 acre fenced lot. The backyard is perfect for gardening and fruit trees, kid's play area or for your ManCave, SheShed or possible ADU. Built in 1958, the home has been loved and cared for over many years and is now the ideal canvas for your ideas and modernized spaces to maximize comfort. Enjoy the benefits of a prime Carmichael location, walking distance to Carmichael Park and just a short drive to the scenic Ancil Hoffman Park and the American River - perfect for outdoor enthusiasts. It's convenient to local eateries and diverse shopping options, alongside quality schools, health care and community services and activities.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 0.0 |
| Baths | 2.0 | 0.0 |
| Square foot | 1,260 | - |
| Lot Size | 10,441 | - |
| Price | $414.9K | $576.3K |
| Price per sq ft | $329 | $376 |
| Built year | 1958 | 0 |
| HOA | $0 | $0 |
| Days on market | 34 | 35 |
Jun 18, 2026
$414,900
Initial Listing