$875,000

4028 Leos Ln Carmichael, CA 95608

Estimated payment $5,333/month

Total Views 1,695
5 Beds
4 Baths
2,137 Sq Ft
$409 Price per Sq Ft

Highlights

  • No HOA
  • Balcony
  • Attached Garage
  • Cottage
  • Cul-De-Sac
  • Laundry closet

About This Home

Discover a rare income producing opportunity at 4028 Leos Ln in Carmichael featuring a well maintained fourplex plus an additional detached cottage, offering flexibility and strong investment potential in a desirable location. Whether you're looking to expand your portfolio, offset your mortgage with rental income, or secure a multi-unit residential property with long-term upside, this property delivers versatility and value. The units offer inviting living spaces with functional layouts, vaulted and high ceilings in select areas, and abundant natural light that creates an open, airy feel throughout. Several interiors feature updated kitchens with efficient layouts, stainless steel appliances, and ample prep and dining space designed for comfortable everyday living. Outdoor amenities enhance the appeal for both tenants and owners alike, including private yard areas, covered patios, and a pool ideal for relaxing and entertaining. Additional conveniences such as garage parking and dedicated laundry areas add to the property's everyday practicality and rental desirability. Situated in a prime Carmichael location close to shopping, dining, parks, and commuter access, this unique residential income property presents an exceptional opportunity for investors or owner occupants seeking both lifestyle and cash flow potential.

Listing Agent

Daniel Harris

Nick Sadek Sotheby's International Realty License #02182462 Listed on: 05/08/2026

Nick Sadek Sotheby's International Realty

Co-Listing Agent

Nelson Lund

Nick Sadek Sotheby's International Realty License #02013954

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1948

Lot Details

  • 16,287 Sq Ft Lot
  • Cul-De-Sac
  • Landscaped

Parking

  • Attached Garage

Home Design

  • Cottage
  • Raised Foundation

Interior Spaces

  • 2,137 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Fire and Smoke Detector

Kitchen

  • Free-Standing Electric Oven
  • Microwave
  • Dishwasher

Flooring

  • Carpet
  • Tile
  • Luxury Vinyl Plank Tile

Laundry

  • Laundry closet
  • Washer and Dryer Hookup

Outdoor Features

  • Balcony

Utilities

  • Central Heating and Cooling System
  • Cooling System Mounted In Outer Wall Opening
  • Window Unit Cooling System
  • Heating System Uses Natural Gas
  • Radiant Heating System
  • High Speed Internet
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 245-0190-004-0000

Community Details

Overview

  • No Home Owners Association
  • 2 Buildings
  • 4 Units

Building Details

  • 4 Leased Units
  • 4 Units Leased Month-To-Month

Property Details

Home Type

Multi-Family

Year Built

Built in 1948

Lot Details

0.37 Acres

Listing Details

  • Property Type: Residential Income
  • Subtype Description: House(s)
  • Property Subtype 1: 5 or More Units
  • Stories: 2
  • Year Built: 1948
  • Levels: One
  • Stories: 2
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: Dishwasher, Microwave, Free Standing Electric Oven
  • Flooring: Carpet, Tile, Luxury Vinyl Plank
  • Price Per Square Foot: 409.45
  • Square Footage: 2137.00

Exterior Features

  • Construction Materials: Wood
  • Disclosures/Documents: None
  • Foundation: Raised
  • Home Warranty: No
  • Horse Property: No
  • Listing Price: 875000.00
  • Lot Features: Cul-De-Sac, Landscape Back, Landscape Front, Other
  • New Construction: No
  • Patio And Porch Features: Balcony/Deck
  • Pool: No
  • Spa: No

Garage/Parking

  • Parking Features: Attached, Garage

Utilities

  • Security: Smoke Detector
  • Sewer: Public Sewer
  • Utilities: Cable Available, Sewer In & Connected, Internet Available
  • Cooling: Ceiling Fan(s), Central, Wall Unit(s), Window Unit(s)
  • Heating: Central, Radiant, Natural Gas
  • Laundry Features: Laundry Closet, Washer/Dryer Hookups
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No

Fee Information

  • Land Lease: No

Schools

  • Senior High School District: San Juan Unified

Lot Info

  • Zoning: GC
  • Irrigation: Public District
  • Lot Size Acres: 0.3739
  • Lot Size Sq Ft: 16287.00

Rental Info

  • Tenant Pays: Pool Maintenance, Electricity, Gas

Multi Family

  • Income Includes: ["Rent Only","See Remarks"]
  • Number of Leased Units: 4
  • Number of Month to Month Units: 4
  • Number of Units: 4
  • Other Unit(s): Detached Cottage

Tax Info

  • Assessor Parcel Number: 245-0190-004-0000
  • Bonds/Assessments/Taxes: Unknown

MLS Schools

  • School District (County): Sacramento

Map

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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 $7,071 $583,663 $212,241 $371,422
2024 $6,922 $572,220 $208,080 $364,140
2023 $6,812 $561,000 $204,000 $357,000
2022 $6,676 $550,000 $200,000 $350,000
2021 $1,996 $162,662 $95,690 $66,972
2020 $1,959 $160,995 $94,709 $66,286
2019 $1,920 $157,839 $92,852 $64,987
2018 $1,898 $154,745 $91,032 $63,713
2017 $1,880 $151,712 $89,248 $62,464
2016 $1,757 $148,739 $87,499 $61,240
2015 $1,772 $146,506 $86,185 $60,321
2014 $1,736 $143,637 $84,497 $59,140
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/08/2026 05/08/26 For Sale $875,000 -- $409 / Sq Ft
Source: MetroList

Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Type Sale Price Title Company
Grant Deed $550,000 First American Title Company
Grant Deed $550,000 First American Title Company
Interfamily Deed Transfer -- Alliance Title Company
Interfamily Deed Transfer -- --
Interfamily Deed Transfer -- --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Loan Amount Loan Type
Open $450,000 Purchase Money Mortgage
Closed $450,000 Commercial
Source: Public Records

Source: MetroList

MLS Number: 226047585

MetroList

APN: 245-0190-004

Your Personal Tour Guide

Ask me questions while you tour the home.