
Carmichael, CA 95608
This Investor Opportunity in Carmichael’s Merrihill subdivision is a High-Potential Investment Opportunity listed at $447,000. Requiring substantial rehabilitation to address its Condition Score of 5, the home provides a functional 1,551 sqft footprint on a large 7,841 sqft lot featuring a patio. Proximity to Coyle Avenue Elementary, Will Rogers Middle, and Del Campo High ensures strong resale demand, especially as the price sits below its 2021 valuation. This as-is asset offers significant forced appreciation potential, making it an ideal project for Fix-and-Flip Investors or Contractors.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 6140 Marwick Way Subject | $447,000* List Price | 4 | 2 | 1,551 | $229 | - |
A 6101 Coyle Avenue Sold | $429,000 | 3 | 2 | 1,582 | $271 | 0.1 mi |
B 6124 Orsi Circle Sold | $400,000 | 4 | 2 | 1,367 | $293 | 0.1 mi |
C 6124 Orsi Circle Sold | $400,000 | 4 | 2 | 1,367 | $293 | 0.1 mi |
D 5610 Millburn Street Sold | $350,000 | 3 | 2 | 1,044 | $335 | 0.3 mi |
E 6430 Sandstone Street Pending | $500,000 List Price | 4 | 2 | 1,639 | $305 | 0.6 mi |
* Subject property listed price vs sold prices of comps.
Property is extensive renovation needed.
Built in 1958, this property is a classic fixer-upper requiring substantial rehabilitation. The kitchen and bathrooms are severely dated with original-style cabinetry, old appliances, and vintage tiling. The interior features worn carpets, dated fixtures, and acoustic ceilings, consistent with the listing's description as an investor opportunity needing a full renovation.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 7841, living area = 1551.
Priced below its 2021 sale price of $463,000, this property offers significant equity upside for investors or flippers looking to renovate in a desirable Carmichael neighborhood.
Situated on a quiet street in the established Merrihill subdivision, the home is exceptionally well-located, being just 0.2 miles from Coyle Avenue Elementary and close to local amenities.
Marketed as a 'fixer-upper' in as-is condition, the property requires substantial capital investment and will likely only qualify for cash offers or specialized renovation loans.
Built in 1958, the home likely features aged systems and finishes that will necessitate comprehensive updates to meet current building codes and buyer expectations.
Investor opportunity in the heart of Carmichael! 6140 Marwick Way offers strong potential for those looking to renovate, flip, or customize a home to their vision. This fixer-upper is situated on a quiet residential street and provides a solid footprint with room to add value through updates and improvements. Ideal for cash buyers or renovation loans. Bring your contractor and imaginationthis property presents a great opportunity in an established neighborhood close to schools, shopping, and amenities. Property to be sold in as-is condition.
No exterior & parking available.
Grades K-5 • 0.2 mi
Grades K-5 • 0.4 mi
Grades K-6 • 1.4 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 | 1,551 | 1,707 | 36% |
| Lot Size | 7,841 | 9,583 | 32% |
| Price | $447.0K | $567.5K | 13% |
| Price per sq ft | $288 | $361 | 14% |
| Built year | 1958 | 1963 | 28% |
| HOA | $0 | $0 | 50% |
| Days on market | 51 | 167 | 5% |
Mar 11, 2026
$447,000
$449,900
-1% Price Drop
Initial Listing
Mar 2, 2026
$449,900
Initial Listing
Aug 31, 2021
$463,000
Public Record
Aug 29, 2014
$235,000
Public Record
Jun 9, 1998
$102,000
Public Record