5644 Gibbons Drive, Carmichael, CA 95608, Carmichael, 95608 - 6 bed, 4 bath
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5644 Gibbons Drive
Carmichael, CA 95608
ACTIVE
CONDITION: EXCELLENT
6Beds
4Baths
2,724Sq Ft
11,326Lot Size
Property Price
LIST PRICE$899,000
EST. MARKET VALUE
$935,022
3% BelowMARKET VALUE
SUMMARY
This property represents a High-Potential Investment Opportunity, listed at $899,000—positioned well below the $935,022 Fair Market Value by 3%. This valuation gap offers $36,022 in Instant Equity. Featuring a rebuilt main residence and a newly constructed ADU, the property maintains a Condition Rating of 2 (Mint), eliminating near-term capital expenditure. With separate meters and modern finishes, this dual-unit configuration is a turnkey asset for Buy-and-Hold Investors or Owner-Occupants seeking to offset mortgage costs through rental income.
Estimated Market Value
$935,022+$36,022 Equity Potential
Based on Realkey algorithm analyzing recent comparable sales in Carmichael.
Comparable Sales Map
Comparables within 1 miles sold in recently
Map unavailable.
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 5644 Gibbons Drive Subject | $899,000* List Price | 6 | 4 | 2,724 | $343 | - |
A 5952 Shirley Sold | $630,000 | 5 | 3 | 1,714 | $368 | 0.4 mi |
B 5743 Haskell Avenue Pending | $779,000 List Price | 6 | 4 | 2,652 | $294 | 0.8 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Excellent
TeardownExcellent
Property is new construction or fully renovated.
The property features a completely rebuilt main residence and a newly constructed ADU, effectively making the entire project new construction. Both units showcase brand-new modern kitchens with flat-panel cabinetry and stainless appliances, updated bathrooms with contemporary finishes, and new systems including HVAC and electrical (with separate meters). The interior and exterior, including the roof, windows, and flooring, are in mint condition with no maintenance required.
PROSSTRENGTHS & OPPORTUNITIES
- Dual-Unit Configuration
The property features two separate 3-bedroom, 2-bathroom residences on a single lot, providing exceptional flexibility for multi-generational living or high-yield rental income.
- Modernized Infrastructure
With a rebuilt main residence and a newly constructed ADU, the property offers modern finishes and updated systems, significantly reducing near-term capital expenditure risks for an investor.
- Immediate Cash Flow Potential
The seller is currently negotiating leases for both units, offering the potential for immediate rental income and a turnkey addition to a long-term investment portfolio.
CONSRISKS & DEFICIENCIES
- MLS Listing Discrepancy
Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =11326, other record lot size in square feet = 30928. Living area discrepancy between mls listing and other public or private record. mls listing living area = 2724, other record living area = 1538. Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 6, other record bedroom count = 2.
- Significant Price Appreciation
The listing price of $899,000 represents a sharp increase from the 2024 sale price of $650,000, which may impact the overall cap rate and appraisal valuation.
- Shared Lot Constraints
While both units have private yards, the density of two large homes on a 0.26-acre lot may limit total privacy and increase management complexity regarding shared property lines.
About 5644 Gibbons Drive
Investor opportunity in desirable Carmichael! Two separate 3-bedroom, 2-bath homes on one lot offering approximately 2,724 sq. ft. of combined living space. The rebuilt main residence is approximately 1,540 sq. ft., while the newly constructed detached ADU is approximately 1,184 sq. ft. and includes a separate electric meter and private fenced yard. Both homes feature modern finishes, functional layouts and separate outdoor spaces. Seller is currently negotiating leases for both residences, creating the potential for immediate rental income. An excellent addition to a long-term rental portfolio. Buyer to verify rental terms, income, expenses and property details.
Property Details
Public Facts
- Property Type
- Residential Income
- Year Built
- 1947
- Lot Size
- 11,326 Sq. Ft.
Interior
- Total Bedrooms
- 6
- Total Bathrooms
- 4 (4 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $0 / Month
Neighborhood Insights
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 6.0 | 3.8 |
| Baths | 4.0 | 2.0 |
| Square foot | 2,724 | 2,002 |
| Lot Size | 11,326 | 8,712 |
| Price | $899.0K | $572.8K |
| Price per sq ft | $330 | $291 |
| Built year | 1947 | 1973 |
| HOA | $0 | $0 |
| Days on market | 43 | 119 |
Pricing History
Listed for Sale
Jul 28, 2026
$899,000
Initial Listing
Sold
May 29, 2024
$650,000
Public Record
Sold
Jun 25, 2021
$450,000
Public Record