Listed by Kelly Rivett • Cornish & Carey Commercial, DRE#01249433
Bought with Michael Gesner • Realty Plus

$589,000

Est. payment - /mo

4 Beds

3 Baths

1,939 SqFt

UPDATED:

Key Details

Sold Price $589,000

Property Type Multi-Family

Sub Type Duplex

Listing Status Sold

Purchase Type For Sale

Square Footage 1,939 sqft

Price per Sqft $303

MLS Listing ID ML82036272

Bedrooms 4

Full Baths 3

Year Built 1976

Lot Size 8,712 Sqft

Property Sub-Type Duplex

Property Description

Newmark, as the exclusive advisor, is pleased to present the opportunity to acquire a versatile duplex investment located at 3332 Jayanne Way / 5401 Kimsue Ct in Carmichael, California. Offered at $605,000, this 1,939-square-foot property was constructed in 1976 and sits on a spacious 0.20-acre corner lot. The building features a unique layout where each unit enjoys its own street frontage and entrance: 3332 Jayanne Way is a 2-bedroom, 1-bathroom unit ( sf) currently rented at $1,520, while 5401 Kimsue Ct is a 2-bedroom, 2-bathroom unit ( sf) rented at $1,925. Both units are occupied by reliable, long-term tenants on month-to-month leases, providing immediate stable cash flow with the flexibility to adjust to market rates. The property has been well-maintained, featuring a fresh exterior paint job completed in 2020. This offering is further enhanced by the availability of the adjacent duplex at 3312/3314 Jayanne Way, offered by the same ownership for $595,000. Whether purchased as a standalone asset or as part of this contiguous package, the Kimsue/Jayanne duplex offers a stabilized foundation with significant upside in one of Carmichaels most desirable rental pockets.

Location

State CA

County Sacramento

Area Carmichael

Zoning RD-10

Rooms

Kitchen Cooktop - Electric, Countertop - Synthetic, Dishwasher, Oven - Electric

Interior

Heating Central Forced Air

Cooling Central AC

Flooring Carpet, Vinyl / Linoleum

Laundry Hookups Only

Exterior

Parking Features Attached Garage, Off-Street Parking

Garage Spaces 2.0

Utilities Available Individual Electric Meters, Public Utilities

Roof Type Composition

Building

Story 1

Foundation Concrete Slab

Sewer Sewer - Public

Water Public

Others

Special Listing Condition Not Applicable

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Ron Davis

+1(415) 846-3077

Broker / Owner | CA BRE# 00961181

Broker / Owner CA BRE# 00961181

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3332 Jayanne WAY Carmichael, CA 95608