5416 North AVE, Carmichael, CA 95608, Carmichael, 95608 - 5 bed, 2 bath
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Carmichael, CA 95608
This Dual-Unit Value-Add Property is listed at $475,000, representing a stable entry point relative to its $437,518 Fair Market Value. Currently holding a Fair Condition Rating, the property’s primary appeal is its Dual-Unit Income Potential, featuring a 3-bedroom front house and a separate 2-bedroom detached unit. Situated on a massive 10,454 sqft lot near the American River and top-rated schools, the layout offers significant rental upside or multi-generational living flexibility. This asset is a strategic choice for Buy-and-Hold Investors or Owner-Occupants seeking a high-utility house-hack opportunity.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 5416 North AVE Subject | $475,000* List Price | 5 | 2 | 949 | $461 | - |
A 6001 Grant Avenue Sold | $400,000 | 3 | 1 | 884 | $452 | 0.8 mi |
B 5631 Engle Road Sold | $438,000 | 3 | 1 | 1,142 | $384 | 0.6 mi |
C 3048 Garfield Avenue Sold | $436,000 | 3 | 2 | 1,114 | $391 | 0.3 mi |
D 3801 Horton Lane Sold | $430,000 | 3 | 1 | 1,209 | $356 | 0.7 mi |
E 3601 Sareco Court Sold | $498,000 | 3 | 2 | 1,289 | $386 | 0.6 mi |
F 3213 Smathers Way Pending | $495,000 List Price | 3 | 2 | 1,140 | $434 | 0.5 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
The property has undergone recent cosmetic improvements, including new laminate flooring and fresh interior paint, which provide a clean appearance. However, the core components remain dated; the kitchen features older wood cabinetry and tile flooring, and the home relies on aged systems such as wall heaters and window AC units. Built in 1958, the exterior shows signs of wear and the yard requires significant landscaping, placing it firmly in the 'fair' category as a functional but outdated value-add opportunity.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 10454, living area = 949.
The property features a 3-bedroom front house and a separate 2-bedroom detached unit, providing a rare opportunity for significant rental income or a flexible multi-generational living arrangement.
Sitting on a generous 10,454 square foot lot, the property offers ample outdoor space, privacy, and significant potential for further development or landscaping projects.
Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 5, other record bedroom count = 3.
The property was recently sold within the past year on 2025-08-22. The sold price is $126,000.00.
With 5 bedrooms and 2 bathrooms distributed across only 949 square feet, the living spaces and individual rooms are likely exceptionally small and may feel cramped.
Great value-add opportunity with strong upside! This property offers 5 bedrooms and 2 bathrooms, featuring a 3 bed, 1 bath front home and a separate detached 2 bed, 1 bath unit-ideal for rental income or living. Some updates have already been completed, including interior paint and flooring. Situated on a large lot with a flexible, duplex-like layout, it presents excellent potential for two-family living or rental opportunities. Conveniently located near the American River, parks, shopping, dining, and top-rated schools. Perfect for investors or buyers looking to build equity.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 5.0 | 3.0 | 96% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 949 | 1,707 | 2% |
| Lot Size | 10,454 | 9,583 | 67% |
| Price | $475.0K | $567.5K | 20% |
| Price per sq ft | $501 | $361 | 95% |
| Built year | 1958 | 1963 | 28% |
| HOA | $0 | $0 | 50% |
| Days on market | 21 | 167 | 1% |
Apr 1, 2026
$475,000
Initial Listing
Aug 22, 2025
$126,000
Public Record
May 11, 2017
$219,000
Public Record
Dec 29, 2009
$362,500
Public Record
Jun 13, 2005
$310,000
Public Record