Pending

Pending Bring Backup

4201 Manzanita Avenue

Carmichael CA, 95608

$1,149,000


$247.20 per sqft

Pending

Pending Bring Backup

10 Beds

5 Baths

4,648 sqft

Multi-family

Built in 1960

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.

224117800

MLS ID

October 19, 2024

Listed

January 4, 2025

Updated

Map

4201 Manzanita Avenue
Carmichael CA, 95608

Interior Features

Total Stories

1


Bedrooms

10


Total Bathrooms

5


Full Bathrooms

3


Half Bathrooms

2


Interior Features

Vinyl


Floor Description

Vinyl


Fireplace

No


Cooling

Yes


Cooling Description

Central Air


Heating

Yes


Heating Description

Central

Exterior/Building Features

Lot Size

0.48 Acres


Sewer

Public Sewer

School Information

School District

San Juan Unified

Other Property Details

Garage

No


Parking

Off Street, Open


Parking Total

8


View

No


County

Sacramento


Water Source

Public


Pool

No


Zoning

LC

Listing History

Date

Event

Price

1/4/2025

Pending

12/7/2024

Price change

$1,149,000

-5%

Courtesy of eXp Realty of California, Inc., Corey McKinney,
Listing Contact:  

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