
Carmichael, CA 95608
This Spacious Single-Story Ranch is a High-Potential Investment Opportunity with a List Price of $580,000—positioned well below the $654,610 Fair Market Value by 11%. This valuation gap provides $74,610 in Instant Equity for the incoming buyer. While the home carries a Fair Condition Rating due to its dated aesthetic, the 2,384 sqft layout and handicap-accessible features offer significant functional utility. The 10,890 sqft lot provides ample space for future expansion. This strategic acquisition is ideal for Fix-and-Flip Investors or Owner-Occupants seeking forced appreciation.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 5530 Kenneth Avenue Subject | $580,000* List Price | 4 | 2 | 2,384 | $261 | - |
A 3041 Root Avenue Sold | $510,000 | 4 | 2 | 2,076 | $246 | 1.0 mi |
B 2546 El Vita Way Sold | $480,000 | 3 | 2 | 1,866 | $257 | 0.1 mi |
C 5538 Delrose Court Sold | $700,000 | 4 | 3 | 2,557 | $274 | 0.1 mi |
D 6307 Date Palm Way Sold | $650,000 | 2 | 2 | 2,077 | $313 | 0.9 mi |
E 4905 Heatherdale Lane Sold | $425,000 | 4 | 3 | 1,777 | $239 | 0.9 mi |
F 3030 Stanton Circle Sold | $480,000 | 3 | 2 | 1,577 | $304 | 0.5 mi |
G 2517 El Vita Way Pending | $543,000 List Price | 4 | 2 | 1,760 | $309 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1961, this property is well-maintained but reflects a dated aesthetic consistent with the 'fair' category. While functional and featuring a specialized handicap-accessible bathroom, the kitchen appliances, cabinetry, and interior finishes like carpeting and light fixtures appear to be from older renovations (likely 20+ years ago). The home is move-in ready but requires cosmetic updates and potential system modernizations to meet current contemporary standards.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 10890, living area = 2384.
The home features a single-story ranch layout and a fully handicap-accessible bathroom and shower, making it an ideal choice for multigenerational living or those prioritizing long-term mobility.
With 2,384 square feet including four bedrooms, a dedicated office, and two separate living areas, the floor plan offers exceptional flexibility for remote work and large-scale entertaining.
Built in 1961, the property likely requires cosmetic updates and modernizations to align with contemporary design trends and buyer expectations.
Given the age of the home, buyers should be prepared for potential investments in upgrading older mechanical, electrical, or plumbing systems to ensure modern efficiency.
Welcome to this well-designed single-story ranch offering comfort, space, and accessibility. This home features 4 generously sized bedrooms, 2 full bathrooms, and a dedicated office, perfect for remote work or a quiet study. The heart of the home is the large eat-in kitchen, offering ample space for everyday meals and gatherings. Both a bright living room and an oversized family room provide flexible living and entertaining options. Thoughtfully designed for accessibility, the home includes a fully handicap-accessible bathroom and shower, making it ideal for multigenerational living or those seeking long-term comfort. Additional highlights include a two-car garage and a large lot, offering plenty of outdoor space for recreation, gardening, or future possibilities. With its functional layout and single-level living, this home combines convenience, versatility, and room to grow.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 4.0 | 3.0 | 70% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 2,384 | 1,707 | 88% |
| Lot Size | 10,890 | 9,583 | 72% |
| Price | $580.0K | $570.0K | 52% |
| Price per sq ft | $243 | $361 | 4% |
| Built year | 1961 | 1963 | 46% |
| HOA | $0 | $0 | 50% |
| Days on market | 78 | 168 | 17% |
Feb 4, 2026
$580,000
Initial Listing
Feb 29, 2016
$339,000
Public Record
Mar 10, 2011
$214,000
Public Record
Dec 2, 2010
$134,000
Public Record