5908 Bourbon Drive, Carmichael, CA 95608, Carmichael, 95608 - 4 bed, 0 bath
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Carmichael, CA 95608
This Turn-Key Residential Income Duplex is listed at $640,000, positioned near its $615,195 Fair Market Value. The property maintains a Good Condition Rating following a comprehensive 2019 capital improvement program that delivered a new roof, new HVAC systems, and modernized kitchens. With one unit currently vacant, the asset offers immediate flexibility for market-rate leasing or a strategic "house-hack" to offset mortgage costs. Located within the Del Campo High School boundary, this property ensures long-term rental demand and mechanical reliability. It is perfectly suited for Owner-Occupants or Buy-and-Hold Investors.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 5908 Bourbon Drive Subject | $640,000* List Price | 4 | 0 | 2,118 | $290 | - |
A 5932 Bourbon Drive Sold | $646,000 | 4 | 3 | 2,118 | $305 | 0.1 mi |
B 5928 Bourbon Drive Sold | $675,000 | 5 | 4 | 2,452 | $275 | 0.0 mi |
C 6001 Bourbon Drive Sold | $640,000 | 4 | 3 | 2,047 | $313 | 0.1 mi |
D 5904 Bourbon Drive Active | $640,000 List Price | 4 | 0 | 2,118 | $302 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
The property is move-in ready and benefited from a comprehensive capital improvement program in 2019, including a new roof, HVAC systems, and refreshed kitchens and bathrooms. While the interior finishes—such as popcorn ceilings, laminate countertops, and electric coil ranges—are basic rental-grade styles rather than high-end modern renovations, the major systems are well-maintained and within their expected lifespan.
A comprehensive 2019 renovation including a full roof replacement, new HVAC systems, and modernized kitchens and bathrooms significantly reduces immediate maintenance liabilities for a new owner.
With one unit currently vacant, the property offers an ideal opportunity for an owner-occupant to move in or for an investor to immediately secure market-rate rents without lease expiration delays.
The availability of the adjacent duplex under the same ownership provides a rare opportunity for an investor to acquire four contiguous units, streamlining management and increasing local market share.
Built in 1977, the property may still possess original structural or plumbing elements that, despite surface upgrades, could require attention as the building approaches its 50-year mark.
The 6,098 square foot lot is relatively modest for a duplex, providing limited private yard space for tenants, which may affect long-term desirability for families or pet owners.
We are pleased to present the opportunity to acquire 5908-5910 Bourbon Way. Priced at $640,000, this duplex is a standout investment in Carmichael, offering a rare combination of modern upgrades and immediate flexibility for an owner-user or investor. This 2,118-square-foot property features two distinct units: 5908 Bourbon: a spacious 1,134 sq. ft. 2-bedroom/2-bathroom unit, and 5910 Bourbon, a well-proportioned 984 sq. ft. 2-bedroom/1-bathroom unit. The property underwent a comprehensive capital improvement program in 2019, which included a full roof replacement, new HVAC systems for both units, and modernized kitchens and bathrooms. These extensive upgrades, paired with a full exterior repaint in 2014, significantly lower the risk of future maintenance costs and ensure the asset remains highly competitive in the local rental market. Unit 5910, a buyer has the immediate opportunity to move in or place a new tenant at current market rates without the delay of a lease expiration. At approximately $302 per square foot, this turn-key duplex represents an exceptional value for a fully modernized multi-family asset in a prime suburban location. 5904/5906 Bourbon Way is also for sale for $640k, same ownership group.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 4.0 | 4.0 | 50% |
| Baths | 0.0 | 3.0 | 11% |
| Square foot | 2,118 | 2,118 | 50% |
| Lot Size | 6,098 | 7,776 | 22% |
| Price | $640.0K | $640.0K | 50% |
| Price per sq ft | $302 | $305 | 44% |
| Built year | 1977 | 1977 | 50% |
| HOA | $0 | $0 | 50% |
| Days on market | 20 | 93 | 11% |
Apr 2, 2026
$640,000
Initial Listing