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Listed by Kelly Rivett • Cornish & Carey Commercial
$ 605,000
Est. payment /mo
Active
3312 Jayanne Way Carmichael, CA 95608
1,848 SqFt
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Duplex
Listing Status Active
Purchase Type For Sale
Square Footage 1,848 sqft
Price per Sqft $327
MLS Listing ID ML82036259
HOA Y/N No
Year Built 1976
Lot Size 6,534 Sqft
Property Sub-Type Duplex
Source Datashare MLSListings
Property Description
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.
Location
State CA
County Sacramento
Interior
Heating Forced Air
Fireplace No
Building
Lot Description Level, Rectangular Lot
Schools
School District San Juan Unified, San Juan Unified
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