5622 Cypress Avenue, Carmichael, CA 95608, Carmichael, 95608 - 4 bed, 2 bath
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Carmichael, CA 95608
This Residential Income Duplex represents a strategic Value-Add Asset listed at $550,000, offering price stability relative to its $511,045 Fair Market Value. Currently maintaining a Fair Condition Rating (4), the property features two 2-bedroom units with original 1959 finishes, presenting a clear opportunity for forced appreciation through modernization. The standout feature is the 14,375 sqft lot and RD10 Zoning, which allows for the addition of multiple ADUs to maximize rental yield. This is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking a high-density development project.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 5622 Cypress Avenue Subject | $550,000* List Price | 4 | 2 | 1,600 | $319 | - |
A 4132 Empire Way Pending | $575,000 List Price | 4 | 2 | 1,728 | $333 | 0.6 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1959, this property is over 60 years old. The visible kitchen features dated wood cabinets, speckled laminate countertops, and older tile flooring. While functional, the appliances are not modern, and the overall aesthetic is significantly outdated, indicating an older renovation or basic upkeep rather than recent updates. The property requires minor to substantial cosmetic updates to meet current market expectations, aligning with the 'Fair' condition criteria.
Explicitly marketed as a 'Wonderful investment opportunity' due to its duplex configuration and potential for income generation.
Zoned RD10, allowing for the addition of multiple Accessory Dwelling Units, which can substantially increase future income and property value.
Comprises two independent 2-bedroom, 1-bathroom units, providing immediate and consistent rental income streams.
Built in 1959, the property is over 60 years old, suggesting potential for deferred maintenance, outdated systems, and the need for significant updates.
The focus on 'investment opportunity' implies that renovations or cosmetic updates may be necessary to maximize rental income or appeal to modern tenants.
Each unit features only one bathroom, which may not meet the preferences of all prospective tenants or modern living standards, potentially limiting tenant pool.
Wonderful investment opportunity, each side 2 bed 1 bath, attached garages. Great location in Carmichael. Zone RD10, for multiple ADUs.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 4.0 | 4.0 | 50% |
| Baths | 2.0 | 3.0 | 44% |
| Square foot | 1,600 | 2,047 | 33% |
| Lot Size | 14,375 | 8,276 | 67% |
| Price | $550.0K | $640.0K | 22% |
| Price per sq ft | $344 | $313 | 67% |
| Built year | 1959 | 1977 | 22% |
| HOA | $0 | $0 | 50% |
| Days on market | 97 | 97 | 56% |
Jan 16, 2026
$550,000
Initial Listing
Feb 14, 2017
$300,000
Public Record
Jan 31, 2003
$215,000
Public Record