5945 Oak Avenue, Carmichael, CA 95608

Local realty services provided by:ERA Carlile Realty Group
#1#2#3
5945 Oak Avenue,Carmichael, CA 95608
$950,000
Virtual Tour
  • - Beds
  • - Baths
  • 4,089 sq. ft.
  • Multi-family
  • Active
Listed by:alexis mcgee
Office:alexis mcgee group inc
MLS#:225104262
Source:MFMLS

Price summary

  • Price:$950,000
  • Price per sq. ft.:$232.33

About this home

TREMENDOUS VALUE ADD OPPORTUNITY. Approved plans to complete existing three unit building with two large 3 bed 2 bath units and one 2 bed 2 bath unit across the street from Riverwood Gated Community Resort with nearby access to American River Parkway! Offering includes stamped remodel plans; approved permits (and full renderings) ready to go! The two 3 bed units have recently updated interiors and include in unit laundry and 2 car garages. The upper 3rd unit is 2 bed 2 bath with in unit laundry. There's also a 4 car covered carport. The lower floor is unfinished (not included in square footage) with potential for a junior ADU and 2 car garage subject to county approval. This is a GREAT opportunity for an owner occupant to live in one unit and finish the project using FHA 203k financing. Also great for an investor purchaser looking for their next flip or great income property in a highly desirable area. Hard to find vacant multi unit with so much potential for short; mid or long term

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Home facts

  • Year built:1975
  • Listing Id #:225104262
  • Added:11 day(s) ago
  • Updated:August 19, 2025 at 02:50 PM

Rooms and interior

  • Living area:4,089 sq. ft.

Heating and cooling

  • Cooling:Ceiling Fan(s), Central
  • Heating:Central, Fireplace(s), Natural Gas

Structure and exterior

  • Roof:Composition Shingle
  • Year built:1975
  • Building area:4,089 sq. ft.
  • Lot area:0.28 Acres

Finances and disclosures

  • Price:$950,000
  • Price per sq. ft.:$232.33
MLS LogoMetroList MLS 2025. This information is being provided by MetroList MLS. All measurements and calculations of area are approximate. Information provided by Seller/Other sources, not verified by Broker. All interested persons should independently verify accuracy of information. Provided properties may or may not be listed by the office/agent presenting the information. Data Updated: August 19, 2025. Information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information deemed reliable but not guaranteed. Any offer of compensation is made only to Participants of MLS where the subject listing is filed and in accordance with such MLS's regulations or rules.

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