6405 Palm Drive, Carmichael, CA 95608, Carmichael, 95608 - 2 bed, 2 bath
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Carmichael, CA 95608
Analysis of 6405 Palm Drive, Carmichael, CA 95608 is currently available with a list price of $1,100,000. The property maintains a Poor Condition Rating (30/100), indicating the property requires renovation and updates to maximize its market potential. This presents opportunities for value-add investors. Located in a high-demand neighborhood within the Carmichael Unified School District, this asset is categorized as a low-risk, high-reward acquisition suitable for Experienced Investors and Fix-and-Flip Specialists.
Property is extensive renovation needed.
The property is 71 years old (built 1953) with interior finishes, including the kitchen and bathrooms, appearing 30-50 years old and in need of a total rehab. The listing description emphasizes the nearly one-acre lot and development potential (RD-2 zoning) over the structure itself, suggesting the value is primarily in the land.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 40946, living area = 1581.
The nearly one-acre lot with RD-2 zoning offers rare flexibility in a prime community, providing opportunities for a lot split, the addition of ADUs, or the construction of a custom luxury estate.
Situated within a quarter-mile of Ancil Hoffman Park, the property offers immediate access to the American River, championship golf, and the Effie Yeaw Nature Center, significantly boosting long-term land value.
With a list price of $1.1M for a 2-bedroom fixer-upper, the property requires significant additional investment for either a total renovation or a complete redevelopment to realize its highest and best use.
The realization of development goals is contingent upon county and city approvals for zoning and building constraints, which introduces a layer of risk and potential delay for investors.
POTENTIAL FOR YOUR VISION TO BECOME A REALITY. This is what you will find at 6405 Palm Drive. The opportunity of a life time to own one of the few large lots left in the center of this lovely community in Carmichael. With a lot size short of one acre and RD-2 zoning, there are lots of possibilities for this property. Located within 1/4 mile from the Ancil Hoffman Park entrance, a 396-acre park on the American River known for its natural beauty, wildlife, river access and recreational activities which include the Effie Yeaw Nature Center, an award-winning golf course, and extensive trails for hiking, biking and picnicking. The original home is currently in a 2 bedroom/2 bath configuration, the primary bedroom has high ceilings with open beams as well as the Family Room and the addition next to the family room. You MUST check the zoning and building constrains with the County and City of Carmichael for all possible options. From building a larger home, remodeling the current one, splitting the lot in two parcels (zoning permitting) and building a couple homes with ADUs, you have many options to consider here! YOU DO NOT WANT TO MISS THIS!
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 2.0 | 0.0 |
| Baths | 2.0 | 0.0 |
| Square foot | 1,581 | - |
| Lot Size | 40,946 | - |
| Price | $1.10M | $576.3K |
| Price per sq ft | $696 | $376 |
| Built year | 1953 | 0 |
| HOA | $0 | $0 |
| Days on market | 11 | 35 |
Jul 11, 2026
$1,100,000
Initial Listing
Jul 2, 2021
$500,000
Public Record