
Carmichael, CA 95608
Excellent Investment Opportunity in the Heart of Carmichael! Unlock immediate rental income and cash-flow potential with this well-maintained fourplex, ideally situated in a desirable area surrounded by single-family homes. The property features four spacious 2-bedroom, 1-bathroom units, all currently occupied providing an investor with income from day one. Each unit offers the convenience of its own indoor laundry hookups, central heating and air conditioning. The decks and stairs are SB 326 and SB 721 compliant, providing added peace of mind. Two of the four kitchens have been tastefully updated with new cabinets, countertops, appliances, and flooring. Additional highlights include new exterior paint and large backyard areas for the lower units. Conveniently located near American River College, with easy access to shopping, dining, transportation, and other amenities. Please do not disturb the occupants.
Property is move-in ready.
Although built in 1963, the property is well-maintained with updated central HVAC and new exterior paint. Two of the four units have undergone recent renovations (<5 years) featuring modern kitchens and flooring. The building also meets current safety compliance for decks and stairs, making it move-in ready for tenants despite the age of the remaining two units.
The property is a fully occupied fourplex, offering investors immediate rental income and stable cash flow from the day of acquisition.
Each unit features central HVAC and in-unit laundry, while the decks and stairs are SB 326 and SB 721 compliant, significantly reducing near-term liability and capital improvement needs.
Situated near American River College and surrounded by single-family homes, the location ensures high tenant demand and long-term desirability in the Carmichael market.
Living area discrepancy between mls listing and other public or private record. mls listing living area = 950, other record living area = 3536.
Only two of the four kitchens have been modernized, meaning the remaining units will eventually require capital expenditure to achieve peak market rents.
Originally built in 1963, the property may necessitate more frequent ongoing maintenance and repairs typical of older multi-family structures compared to newer developments.
No exterior & parking available.
Grades K-5 • 0.3 mi
Grades K-5 • 0.7 mi
Grades K-6 • 1.3 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 8.0 | 3.9 |
| Baths | 4.0 | 2.3 |
| Square foot | 950 | 2,001.714 |
| Lot Size | 7,183 | 9,182.429 |
| Price | $889.0K | $583.9K |
| Price per sq ft | $936 | $296 |
| Built year | 1963 | 1973 |
| HOA | $0 | $0 |
| Days on market | 46 | 108 |
Sep 8, 2026
$889,000
Initial Listing