$605,000

Estimated payment $3,400/month

Total Views 3,520
4 Beds
2 Baths
1,848 Sq Ft
$327 Price per Sq Ft

Highlights

  • Fireplace
  • Forced Air Heating and Cooling System
  • Grass Covered Lot
  • 2 Car Attached Garage
  • Level Lot
  • Carpet

About This Home

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.

Listing Agent

Kelly Rivett

Cornish & Carey Commercial License #01249433 Listed on: 02/25/2026

Property Details

Home Type

  • Multi-Family

Year Built

  • 1976

Lot Details

  • 6,534 Sq Ft Lot
  • Level Lot
  • Grass Covered Lot
  • Back Yard

Parking

  • 2 Car Attached Garage
  • Off-Site Parking

Home Design

  • Duplex
  • Slab Foundation
  • Wood Frame Construction
  • Concrete Roof
  • Clay Roof

Interior Spaces

  • 1,848 Sq Ft Home
  • 1-Story Property
  • Fireplace
  • Washer and Dryer Hookup

Kitchen

  • Electric Oven
  • Electric Cooktop
  • Dishwasher
  • Synthetic Countertops
  • Disposal

Flooring

  • Carpet
  • Vinyl

Utilities

  • Forced Air Heating and Cooling System
  • Separate Meters

Listing and Financial Details

Community Details

Overview

Building Details

  • 1 Leased Unit
  • Insurance Expense $2,761
  • Operating Expense $5,115
  • Gross Income $22,500

Property Details

Home Type

Multi-Family

Year Built

1976

Lot Details

6,534 Sq Ft Lot

Parking

2

Listing Details

  • Zoning: RD-10
  • Subclass: Duplex
  • Listing Class: Residential Income (2-4 Units)
  • Structure Sq Ft: 1848
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1976

Interior Features

  • Kitchen: Cooktop - Electric, Countertop - Synthetic, Dishwasher, Garbage Disposal, Oven - Electric
  • Living Sq Ft: 1848
  • Stories: 1
  • Laundry: Hookups Only
  • Flooring: Carpet, Vinyl / Linoleum

Exterior Features

  • Foundation: Concrete Slab
  • Roof: Clay, Concrete
  • Yard/Grounds: Back Yard, Low Maintenance
  • Construction Type: Wood, Wood Frame

Garage/Parking

  • Garage Spaces: 2
  • Parking Spaces: 2
  • Garage Parking Features: Attached Garage, Off-Site Parking

Utilities

  • Cooling System: Central Ac
  • Heating System: Central Forced Air, Fireplace
  • Sewer/Septic System: Sewer - Public

Lot Info

  • Lot Description: Grade - Level, Regular
  • Lot Acres: 0.1500
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 6534.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 6534.00

Rental Info

  • Existing Lease Term(s): Month To Month
  • Gross Rent Multiplier: 26.89
  • Number Of Leased: 1

Multi Family

  • Utilities: Individual Electric Meters, Public Utilities
  • Expense Insurance: 2761
  • Expenses Total: 5115
  • Income Annual Gross: 22500.00
  • Income Annual Rental: 22500
  • Income Gross Scheduled: 22500
  • Income Includes: Rents
  • Meters: Master Water, Separate Electric
  • Number Of Buildings: 1
  • Operating Expenses Include: Fee - Property Tax, Insurance, Services - Sewer, Services - Trash Removal, Utilities - Water
  • Tenant Expenses: Utilities - Electric

Map

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $2,305 $192,099 $61,465 $130,634
2024 $2,305 $188,333 $60,260 $128,073
2023 $2,269 $184,641 $59,079 $125,562
2022 $2,224 $181,021 $57,921 $123,100
2021 $2,188 $177,473 $56,786 $120,687
2020 $2,148 $175,654 $56,204 $119,450
2019 $2,105 $172,210 $55,102 $117,108
2018 $2,081 $168,834 $54,022 $114,812
2017 $2,061 $165,524 $52,963 $112,561
2016 $1,927 $162,279 $51,925 $110,354
2015 $1,938 $159,843 $51,146 $108,697
2014 $1,899 $156,713 $50,145 $106,568
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/07/2026 04/07/26 For Sale $605,000 0.0% $327 / Sq Ft
03/23/2026 03/23/26 Pending -- -- --
02/25/2026 02/25/26 For Sale $605,000 -- $327 / Sq Ft
Source: MLSListings

Purchase History

Date Type Sale Price Title Company
Grant Deed $125,000 First American Title Ins Co
Interfamily Deed Transfer -- Stewart Title
Grant Deed $115,000 Stewart Title
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $92,000 No Value Available
Source: Public Records

Source: MLSListings

MLS Number: ML82036259

MLSListings

APN: 258-0143-006

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