Carmichael, CA 95608,4207 Manzanita AVE
Carmichael, CA 95608,4207 Manzanita AVE
Carmichael, CA 95608,4207 Manzanita AVE
Carmichael, CA 95608,4207 Manzanita AVE
Carmichael, CA 95608,4207 Manzanita AVE
Carmichael, CA 95608,4207 Manzanita AVE
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$1,086,250

$1,149,000

5.5%
Est.Price: ?

For more information regarding the value of a property, please contact us for a free consultation.

Est. payment /mo

4,766 SqFt


SOLD DATE : 02/05/2025

Key Details

Sold Price $1,086,250

Property Type Multi-Family

Sub Type Quadruplex

Listing Status Sold

Purchase Type For Sale

Square Footage 4,766 sqft

Price per Sqft $227

MLS Listing ID 224117800

Sold Date 02/05/25

HOA Y/N No

Originating Board MLS Metrolist

Year Built 1960

Lot Size 0.480 Acres

Acres 0.48

Property Sub-Type Quadruplex

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

Parking Features 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

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MetroList® Services, Inc (RESO)
Listed by eXp Realty of California, Inc.
Bought with Reed Block Realty
agent-avatar

+1(916) 531-7442

robyn@realtorrobyn.com

2012 Elvenden Way, Roseville, CA, 95661

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