
Carmichael, CA 95608
This property presents a High-Potential Investment Opportunity with a List Price of $475,000—positioned well below the $463,879 Fair Market Value by -2%. While the home has a Condition Rating of 4, the large 7,405 sqft corner lot and recent mechanical upgrades, including a new 2026 HVAC system, provide a solid foundation for value-add renovations. Located near Del Campo High School, this asset is ideal for Buy-and-Hold Investors or first-time buyers looking to build equity through cosmetic modernization.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 4631 Oakbough Way Subject | $475,000* List Price | 3 | 2 | 1,290 | $360 | - |
A 6334 Appian Way Sold | $499,900 | 3 | 2 | 1,367 | $366 | 1.0 mi |
B 6224 Saint James Drive Sold | $555,000 | 3 | 2 | 1,539 | $361 | 0.7 mi |
C 4701 Pedersen Way Pending | $499,000 List Price | 3 | 2 | 1,290 | $387 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1970 and maintained by the original owner, the home is functional but significantly dated. While it features a brand-new HVAC system and newer carpet, the kitchen and bathrooms appear to have original cabinetry and finishes from over 50 years ago. The presence of popcorn ceilings, dated wallpaper, and an unfinished laundry area indicates a need for comprehensive cosmetic updates and modernization, though the property remains move-in ready.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 7405, living area = 1290.
Situated on a spacious 7,405 sqft corner lot in the established Larchmont Hills neighborhood, the property offers enhanced privacy and curb appeal within walking distance to Del Campo High School.
The home features a newer HVAC system and updated carpeting, providing immediate value and reducing the need for major near-term capital expenditures on essential systems.
The home likely retains many original 1970s finishes, requiring a significant budget for aesthetic updates and renovations to meet contemporary design standards.
At 1,290 square feet for a three-bedroom layout, the living spaces and bedrooms may feel compact compared to modern residential standards or larger homes in the area.
Welcome to this charming, original-owner home, ideally situated on a desirable corner lot in a fantastic neighborhood. Offering 1,290 square feet with 3 bedrooms and 2 baths, this well-loved home has great bones and is ready for its next owner to make it their own. Abundant windows fill the living spaces with natural light, creating a bright and cheerful atmosphere throughout. The comfortable family room features a cozy fireplace, while the kitchen and dining area open to the private backyard for easy indoor-outdoor living. Step outside to enjoy a peaceful setting with a covered patio, perfect for relaxing, dining, or entertaining. Additional highlights include a newer HVAC system installed in 2026 and newer carpet. Conveniently located near Del Campo High School, shopping, restaurants, and everyday amenities, this inviting home offers a wonderful opportunity to add your personal touches and create something truly special.
No exterior & parking available.
Grades K-5 • 0.5 mi
Grades K-6 • 0.6 mi
Grades 6-8 • 0.6 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 3.0 |
| Baths | 2.0 | 2.0 |
| Square foot | 1,290 | 1,713.891 |
| Lot Size | 7,405 | 9,593.696 |
| Price | $475.0K | $573.8K |
| Price per sq ft | $368 | $343 |
| Built year | 1970 | 1964 |
| HOA | $0 | $194 |
| Days on market | 15 | 43 |
Aug 25, 2026
$475,000
Initial Listing