3312 Jayanne Way, Carmichael, CA 95608
List Price: $595K
Listing Status: Active
Original List Price: $605K
0Days on Market: 47
0 Bedrooms · 0 Bathrooms · 1,848 sq ft
Property Type: ResidentialIncome
Year Built: 1976
Lot Size: 6,534 sq ft
Garage Spaces: 2
Annual Property Tax: $2,354
MLS Number: ML82036259
About This Property
Newmark, as the exclusive advisor, is pleased to present the opportunity to acquire a high-quality duplex located at 3312/3314 Jayanne Way in Carmichael, California. Offered at $605,000, this well-maintained asset was constructed in 1976 and features two identical 2-bedroom, 1-bathroom units, each spanning 924 square feet. The property has undergone extensive capital improvements, including new HVAC systems (2016/2023), a kitchen remodel (2022), bathroom updates (2019/2020), and fresh exterior paint (2016). Currently, unit 3312 is occupied on a month-to-month basis at $1,875, while unit 3314 is delivered vacant, providing an immediate opportunity for an owner-user or a market-rate lease-up. This offering is further enhanced by the rare availability of the neighboring duplex at 3332 Jayanne Way / 5401 Kimsue Ct, also offered by the same ownership for $620,000. Investors have the unique chance to purchase these properties individually or as a contiguous portfolio, allowing for immediate economies of scale and simplified management. Acquiring both assets secures a prime four-unit footprint on a quiet residential block, combining the stabilized income and modern upgrades of the Jayanne Way property with the additional privacy and corner-lot presence of the Kimsue Court duplex.
Listing provided by: Kelly Rivett DRE #01249433 4087279600 kelly.rivett@nmrk.com, Cornish & Carey Commercial
Source: CRMLS