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Oak Avenue

Carmichael, CA 95608
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TREMENDOUS VALUE-ADD OPPORTUNITY - BRING YOUR OFFER! Approved plans in place to complete this existing 3-unit property featuring two large 3 bed / 2 bath units and one 2 bed / 2 bath unit. Prime location directly across from Riverwood Gated Community Resort with nearby access to the American River Parkway. Offering includes stamped approved plans, permits, full renderings and GC bids. Much of your upfront work is completed and shovel ready! The two 3-bedroom units feature recently updated interiors, in-unit laundry, and attached 2-car garages. The upper unit offers 2 bedrooms, 2 baths, and in-unit laundry. Additional parking includes a 4-car garage and 4-car covered carport. The lower level is unfinished (not included in square footage) and currently planned as storage/utility space with potential future opportunity for an attached ADU, subject to buyer investigation, County approval, and permit requirements. Rare opportunity to acquire a vacant multi-unit property with substantial upside potential for long-term, mid-term, or high profit flip in one of Carmichael's most desirable locations. Hard-to-find vacant multi-family opportunity with significant value-add potential. Make it yours today!

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Detail Ic Property Details

Property Type : Residential Income

Price : $850,000

AD Id : 79456584

MLS Id : 226068137

Living Area Size : 3,964

Year Built : 1975

County : Sacramento

  • Map Map

Map

Feature Features

  • Bedroom Information

    Window Feature: Dual Pane Partial,Varies by Unit

    Water/Sewer

    Sewer: Public Sewer
  • Flooring Information

    Concrete, Laminate, Luxury Vinyl Plank, Varies by Unit
  • Roofing Information

    Composition
  • Interior Features

    Roof: Composition Appliances: Gas Cook Top, Ice Maker, Dishwasher, Microwave, Disposal, Double Oven, Free Standing Electric Range Laundry Features: In Each Unit, Washer/Dryer Hookups
  • Heating & Cooling

    Heating: Central, Fireplace(s), Natural Gas Cooling: Ceiling Fan(s), Central WaterSource: Meter on Site, Public

  • Building Information

    Year Built: 1975 Stories: 2 Construction Materials: Wood Siding Basement: Storage Area,Unfinished Roof: Composition Foundation Details: Combination, PillarPostPier, Slab
  • Exterior Features

    Foundation Details: Combination, PillarPostPier, Slab
    Porch: Balcony/Deck,Varies by Unit
  • Laundry Features

    In Each Unit, Washer/Dryer Hookups

    Patio And Porch

    Balcony/Deck, Varies by Unit

  • Lot Information

    Lot Description: Shape Regular, Curbs/Gutters, Sidewalk Lot Square Feet: 12,197 Main Square Feet: 3,964

    Property Information

    Property Type: Residential Income Sub Type: Triplex Style: Traditional SQ ft (Living Area): 3,964 Construction Materials: Wood Siding Property Age: 51 Cross Street: Fair Oaks Source Neighborhood: 10608 Postal Code Plus 4: 5225 Area: Carmichael S: 95608 Zoning: RD-10 Living Area Source: Assessor Auto-Fill Structure Type: Apartments

    Farm Info

    Irrigation Source: None

  • Listing Price Information

    Listing Id: 226068137 List Price: $850,000 List Price Tot SqFt: $214

  • Tax Information

    Parcel Number: 283-0050-064-0000

  • Parking Information

    # of Garage Spaces: 4 Parking Total: 8 Attached, Carport, Covered, RV Storage, Garage, Varies by Unit

  • Elementary School District: San Juan Unified
    Junior High School District: San Juan Unified
    Senior High School District: San Juan Unified
  • Utility Information

    Sewer In & Connected, Electric, Internet Available, Natural Gas Connected Electric: 220 Volts
  • Location Information

    Direction: Fair Oaks Blvd east to Oak Avenue. Property on your left.
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Nearby Home Value

Address Estimate Bed Bath Sq. Ft Lot Size
Denver Drive, Carmichael, CA, 95608 $799,000 -- -- 2,317 2,317 SqFt
Bambi Court, Carmichael, CA, 95608 $560,000 -- -- 1,763 1,763 SqFt
2434 Camino Garden Way, Carmichael, CA, 95608 $860,000 -- -- 2,320 2,320 SqFt
Clark Avenue, Carmichael, CA, 95608 $550,000 -- -- 2,016 2,016 SqFt
Del Campo Lane, Carmichael, CA, 95608 $1,999,000 -- -- 6,949 6,949 SqFt
2434 Camino Garden Way, Carmichael, CA, 95608 $825,000 -- -- 2,320 2,320 SqFt
5123 Kenneth Avenue, Carmichael, CA, 95608 $785,000 -- -- 2,150 2,150 SqFt
Leos Lane, Carmichael, CA, 95608 $875,000 -- -- 2,137 2,137 SqFt
Madison Avenue, Carmichael, CA, 95608 $1,879,000 -- -- --
Jayanne Way, Carmichael, CA, 95608 $599,000 -- -- 1,848 1,848 SqFt

ByOwner last updated this listing 06/04/2026 @ 17:42

MLS: 226068137 LISTED BY: Alexis Mcgee, eXp Realty of California Inc. SOURCE: MLS Metrolist

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