Homes for sale - 4207 Manzanita AVE, Carmichael, CA 95608

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$ 1,199,000

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4207 Manzanita AVE Carmichael, CA 95608

4,766 SqFt

UPDATED:

10/19/2024 09:03 AM

Key Details

Property Type Multi-Family

Sub Type 5 or More Units

Listing Status Active

Purchase Type For Sale

Square Footage 4,766 sqft

Price per Sqft $251

MLS Listing ID 224117800

HOA Y/N No

Originating Board MLS Metrolist

Year Built 1960

Lot Size 0.480 Acres

Acres 0.48

Property Description

This Carmichael mixed use property offers a unique blend of stability and future potential, making it an exceptional find for forward-thinking investors or owner-occupants. The rear of the property features a fully renovated triplex, each unit with private backyards and fully leased at top-of-market rents. With consistent cash flow already in place, this asset is ready to perform from day one. What sets this property apart is the flexibility of the front unit. Historically a single-tenant retail space, it holds the possibility for a multi-unit retail conversion or even a residential adaptation, subject to local zoning. This versatility opens the door to various revenue streams and strategic repositioning based on market demand. For those looking to enhance their portfolio with a dynamic, income-producing property, or for an owner-occupant seeking to capitalize on Carmichael's growing market, this is an unparalleled opportunity. Properties with this level of versatility, immediate return, and future upside are rarely available, making this the ideal moment to invest.

Location

State CA

County Sacramento

Area 10608

Direction Manzanita Ave, just North of the Fair Oaks/Manzanita intersection.

Interior

Heating Central

Cooling Central

Flooring Vinyl

Laundry In Each Unit

Exterior

Garage Off Street, Open

Utilities Available Electric

Water Access Desc Public

Total Parking Spaces 8

Building

Lot Description Shape Regular, Curbs/Gutters, Landscape Back

Story 1

Foundation Concrete

Sewer Public Sewer

Water Public

Schools

Elementary Schools San Juan Unified

Middle Schools San Juan Unified

High Schools San Juan Unified

School District Sacramento

Others

Senior Community No

Tax ID 230-0710-001-0000

Special Listing Condition None

Lease Land No

Listed by eXp Realty of California, Inc.

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4207 Manzanita AVE Carmichael, CA 95608

Key Details

Location

Interior

Exterior

Building

Schools

Others

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4207 Manzanita AVE