8048 Fair Oaks Blvd., Carmichael, CA 95608, Carmichael, 95608 - 3 bed, 2 bath
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8048 Fair Oaks Blvd.
Carmichael, CA 95608
ACTIVE
CONDITION: POOR
3Beds
2Baths
1,478Sq Ft
13,939Lot Size
Property Price
LIST PRICE$485,000
EST. MARKET VALUE
$456,549
6% AboveMARKET VALUE
SUMMARY
This property presents a High-Potential Investment Opportunity with a List Price of $485,000—positioned above the $456,550 Fair Market Value by 6%. While the property requires a full rehab due to its Condition Rating of 5, the expansive 13,939 sqft lot and detached garage with attic storage provide significant upside for forced appreciation. Located near John Barrett Middle School, this asset is ideal for Fix-and-Flip Investors or Contractors capable of managing a comprehensive renovation to unlock the property's full market potential.
Estimated Market Value
$456,549
Based on Realkey algorithm analyzing recent comparable sales in Carmichael.
Comparable Sales Map
Comparables within 1 miles sold in recently
Map unavailable.
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 8048 Fair Oaks Blvd. Subject | $485,000* List Price | 3 | 2 | 1,478 | $309 | - |
A 6310 Cassady Way Sold | $537,000 | 3 | 2 | 1,415 | $380 | 0.7 mi |
B 4424 Jasper Ct Sold | $403,000 | 3 | 3 | 1,747 | $231 | 0.5 mi |
C 6149 Ranger Way Sold | $575,000 | 3 | 2 | 1,443 | $398 | 0.8 mi |
D 3524 Verla Street Sold | $406,000 | 3 | 2 | 1,260 | $322 | 0.7 mi |
E 6049 Landis Sold | $365,000 | 2 | 1 | 1,336 | $273 | 0.9 mi |
F 4628 Charleston Drive Sold | $535,000 | 3 | 2 | 1,974 | $271 | 0.9 mi |
G 6929 Lisa Marie Way Sold | $530,000 | 3 | 3 | 2,002 | $265 | 0.7 mi |
H 6317 Grant Avenue Pending | $425,000 List Price | 3 | 2 | 1,474 | $288 | 0.5 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Poor
TeardownExcellent
Property is extensive renovation needed.
Built in 1975, this property is in the midst of an unfinished renovation. The kitchen is currently gutted and non-functional, there are exposed electrical outlets and wiring, and missing fixtures/closet doors throughout, requiring a full rehab to reach a livable condition.
PROSSTRENGTHS & OPPORTUNITIES
- High Available Lot Utilization
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 13939, living area = 1478.
- Expansive Private Lot
The property features a generous 13,939 sqft gated lot with mature landscaping and trees, offering a high degree of privacy and significant outdoor space rarely found at this price point.
- Significant Value-Add Potential
The home contains unfinished remodeling projects, providing a prime opportunity for investors or sweat-equity buyers to complete the work to their own taste and immediately increase the property's market value.
CONSRISKS & DEFICIENCIES
- Incomplete Interior Condition
The presence of unfinished remodeling means the property is likely not move-in ready and will require immediate capital investment and construction management from the buyer.
- High-Traffic Thoroughfare
Located directly on Fair Oaks Boulevard, the property may be subject to increased traffic noise and congestion compared to more secluded residential interior streets.
About 8048 Fair Oaks Blvd.
Great opportunity in Carmichael! This private, gated property offers a spacious lot with mature landscaping and plenty of potential. The home has some unfinished remodeling, offering an opportunity for a buyer to complete the work and make it their own, and add value. The gated lot provides a sense of privacy, with the rear portion of the property featuring mature trees and established landscaping. The detached garage includes a useful attic space for additional storage. Conveniently located near shopping, restaurants, and John Barrett Middle School. A unique opportunity for those looking for a property with space, privacy, and potential.
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1975
- Lot Size
- 13,939 Sq. Ft.
Interior
- Total Bedrooms
- 3
- Total Bathrooms
- 2 (2 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $0 / Month
Neighborhood Insights
Carmichael Unified Schools
Carmichael Elementary School
Grades K-5 • 0.5 mi
5/10
Harry Dewey Fundamental Elementary School
Grades K-6 • 1.4 mi
7/10
John Barrett Middle School
Grades 6-8 • 0.4 mi
4/10
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 3.0 |
| Baths | 2.0 | 2.0 |
| Square foot | 1,478 | 1,713.891 |
| Lot Size | 13,939 | 9,593.696 |
| Price | $485.0K | $573.8K |
| Price per sq ft | $328 | $343 |
| Built year | 1975 | 1964 |
| HOA | $0 | $194 |
| Days on market | 7 | 43 |
Pricing History
Listed for Sale
Sep 2, 2026
$485,000
Initial Listing
Sold
Mar 16, 2010
$199,500
Public Record
Sold
Sep 29, 1995
$80,500
Public Record