
Carmichael, CA 95608
This Value-Add Residential Asset is a High-Potential Investment Opportunity, listed at $399,000—positioned well below the $405,998 Fair Market Value by 1%. This valuation gap provides $6,998 in Instant Equity. Currently holding a Condition Rating of 4, the property offers an Updated Kitchen Foundation and a Desirable Corner Lot with a Covered Patio. Situated near Harry Dewey Fundamental Elementary, the home presents significant forced appreciation potential through cosmetic updates. This is an ideal match for Fix-and-Flip Investors or first-time buyers looking to build wealth.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 5901 Woodleigh Drive Subject | $399,000* List Price | 4 | 2 | 1,344 | $302 | - |
A 6334 Appian Way Sold | $499,900 | 3 | 2 | 1,367 | $366 | 0.8 mi |
B 5621 Sapunor Way Sold | $464,500 | 3 | 2 | 1,264 | $367 | 0.4 mi |
C 5710 Parkoaks Drive Sold | $434,500 | 3 | 2 | 1,587 | $274 | 0.5 mi |
D 5831 Hesper Way Sold | $495,000 | 3 | 2 | 1,701 | $291 | 0.2 mi |
E 5610 Millburn Street Sold | $350,000 | 3 | 2 | 1,044 | $335 | 0.6 mi |
F 5913 Ashworth Way Active | $469,000 List Price | 3 | 2 | 1,330 | $353 | 0.6 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1961, this property is a classic fixer-upper that remains functional but is significantly outdated. While the kitchen features a previous cabinetry update, it retains aged laminate countertops and older appliances. The interior shows signs of wear with stained carpeting, popcorn ceilings, and dated wood-slab doors, indicating a need for comprehensive cosmetic renovation.
The property is situated on a prominent corner lot, providing enhanced curb appeal, additional privacy, and more versatile outdoor space compared to standard interior lots.
The kitchen features newer cabinetry, offering a modern starting point that reduces the immediate renovation burden for buyers looking to customize the home.
Priced competitively as a 4-bedroom residence, this home offers significant equity-building potential through cosmetic updates, making it an ideal opportunity for investors or sweat-equity buyers.
The home requires various cosmetic updates to reach its full potential, which may be a deterrent for buyers seeking a turnkey, move-in-ready property.
With four bedrooms distributed across 1,344 square feet, the individual room sizes may feel small or constrained, potentially limiting furniture layout options.
Opportunity awaits with this 4-bedroom, 2-bath home offering 1,344 sq. ft. of living space on a desirable corner lot. Featuring a functional floor plan and a 2-car garage, this property has great potential for investors or buyers looking to make it their own. The kitchen has been updated with newer cabinetry, providing a solid starting point for your vision. Enjoy outdoor living under the covered patio perfect for relaxing or entertaining. With a little cosmetic updating, this home can truly shine. Don't miss the chance to add value and create your ideal space!
No exterior & parking available.
Grades K-5 • 0.5 mi
Grades K-6 • 1.8 mi
Grades 6-8 • 1.6 mi
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 | 1,344 | 1,707 | 23% |
| Lot Size | 6,970 | 9,583 | 23% |
| Price | $399.0K | $568.8K | 4% |
| Price per sq ft | $297 | $360 | 18% |
| Built year | 1961 | 1963 | 46% |
| HOA | $0 | $0 | 50% |
| Days on market | 8 | 167 | 1% |
Apr 14, 2026
$399,000
Initial Listing