5037 Sugar Lane, Carmichael, CA 95608, Carmichael, 95608 - 4 bed, 4 bath
Loading property details...
Carmichael, CA 95608
This Duplex Residential Income property is a Strong Value Opportunity, listed at $629,900—positioned well below the $657,423 Fair Market Value by 4%. This valuation gap offers $27,523 in Instant Equity for the buyer. Featuring a Fair Condition Rating with a functional 1:1 bed-to-bath ratio and a private deck, the property provides immediate rental utility. With no HOA fees, this asset is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking a strategic house-hacking opportunity in Carmichael.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 5037 Sugar Lane Subject | $629,900* List Price | 4 | 4 | 2,184 | $301 | - |
A 3329 Jayanne Way Active | $599,000 List Price | 4 | 2 | 1,848 | $324 | 0.3 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1981, this 40+ year old duplex shows partial updates including newer LVP flooring and stone countertops. However, the presence of popcorn ceilings, dated vertical blinds, and older fixtures indicates it has not undergone a full modern renovation, placing it in the 'Fair' category as it remains functional but dated.
As a duplex with a total of 4 bedrooms and 4 bathrooms, this property offers excellent rental income potential or a 'house-hacking' opportunity for an owner-occupant.
The absence of an association fee maximizes the net operating income for investors and reduces monthly carrying costs for homeowners.
Built in 1981, the property features a desirable 1:1 bed-to-bath ratio, providing a competitive advantage in the rental market by offering superior privacy and convenience.
The 5,611-square-foot lot is relatively compact for a multi-unit dwelling, which may limit outdoor amenities and private yard space for tenants.
Given the significant price appreciation since its 2017 sale, the current list price may result in a tighter capitalization rate for investors in the current interest rate environment.
Exceptional opportunity in Carmichael. This spacious residence offers a versatile layout ideal for modern living. Situated on a quiet street in a highly desirable area.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 4.0 | 0.0 |
| Baths | 4.0 | 0.0 |
| Square foot | 2,184 | - |
| Lot Size | 5,611 | - |
| Price | $629.9K | $967.5K |
| Price per sq ft | $288 | $397 |
| Built year | 1981 | 0 |
| HOA | $0 | $0 |
| Days on market | 37 | 30 |
Jun 15, 2026
$629,900
Initial Listing
Oct 2, 2017
$362,500
Public Record