5841 Del Campo Lane, Carmichael, CA 95608, Carmichael, 95608 - 14 bed, 12 bath
ACTIVE$1,999,000$6,949/sqft
5841 Del Campo Lane, Carmichael, CA 95608
14Beds
12Baths
6,949Sqft
16,061Lot
Price Vs. Estimate
Estimation data not available
Key pros and cons
Top Pros:
New Construction & Modern Amenities: Built in 2018 and 2021, the property features modern construction with 9-ft ceilings, open floorplans, contemporary kitchens, and stand-alone tubs, appealing to modern tenants.
Top Cons:
MLS Listing Discrepancy: Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =16061, other record lot size in square feet = 3771.
Compared to the nearby listings
Price:$2.00M vs avg $560.0K (+$1,439,000)91%
Size:6,949 sqft vs avg 1,870 sqft91%
Price/sqft:$288 vs avg $26655%
More Insights
Built in 2018 (8 years old).
Condition: This property, built in 2018 and 2021, is virtually new. The description highlights 'modern kitchens' and 'stand-alone tubs,' which are confirmed by the images showing contemporary white shaker cabinets, stainless steel appliances, subway tile backsplashes, modern light fixtures, and updated bathrooms with walk-in showers and freestanding tubs. All components appear new, meeting current quality standards with no visible wear or deferred maintenance.
Year Built
2018
Close
-
List price
$2M
Original List price
-
Price/Sqft
$288
HOA
$0
Days on market
-
Sold On
-
MLS number
225138611
Home ConditionExcellent
Features
View-
About this home
Modern 4-Unit Gem with 8-Unit Potential! Four newly built halfplexes, each situated on its own parcel and featuring a spacious two-car garage. Garages offer potential for conversion into additional units (buyer to verify with the county). Built in 2018 & 2021, featuring 9-ft ceilings, 3-4 bedrooms, open floorplans, modern kitchens, and stand-alone tubs. No Mello-Roos or HOA! Great rental income with huge upside potential! Square Footage & Unit Breakdown: 5845 - 1,794 sq ft, 4 bd, 3 ba 5843 - 1793 sq ft, 4 bd, 3 ba 5841 - 1,681 sq ft, 3 bd, 3 ba 5965 - 1,681 sq ft, 3 bd, 3 ba DISCLAIMER: Parcel boundaries shown in photos are approximate
D
Dmitrii Lentsev
Listing Agent
Price History
Date
Event
Price
10/02/14
Sold
$73,000
Condition Rating
Excellent
This property, built in 2018 and 2021, is virtually new. The description highlights 'modern kitchens' and 'stand-alone tubs,' which are confirmed by the images showing contemporary white shaker cabinets, stainless steel appliances, subway tile backsplashes, modern light fixtures, and updated bathrooms with walk-in showers and freestanding tubs. All components appear new, meeting current quality standards with no visible wear or deferred maintenance.
Pros & Cons
Pros
New Construction & Modern Amenities: Built in 2018 and 2021, the property features modern construction with 9-ft ceilings, open floorplans, contemporary kitchens, and stand-alone tubs, appealing to modern tenants.
Significant Income & Upside Potential: This 4-unit property offers great rental income with substantial upside potential by converting the spacious two-car garages into additional units, potentially doubling the income stream.
No Mello-Roos or HOA Fees: The absence of Mello-Roos taxes and Homeowners Association fees significantly reduces ongoing ownership costs, enhancing profitability for investors.
Individual Parcels: Each of the four halfplexes is situated on its own parcel, providing greater ownership flexibility and potential for individual unit sales in the future.
Expansion Opportunity: The property explicitly offers the potential to convert existing garages into additional units, allowing for a strategic increase in unit count and overall property value.
Cons
MLS Listing Discrepancy: Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =16061, other record lot size in square feet = 3771.
Unverified Expansion Potential: The potential for garage conversion into additional units (up to 8 units total) requires buyer verification with the county, introducing uncertainty and potential regulatory hurdles.
Approximate Parcel Boundaries: The disclaimer that 'Parcel boundaries shown in photos are approximate' could lead to future boundary disputes or necessitate additional surveying costs for precise definition.
Management Complexity: As a multi-unit property (4 units, with potential for 8), it demands significant time and effort for property management, tenant relations, and ongoing maintenance compared to single-family investments.