5904 Bourbon Dr Carmichael, CA 95608
Estimated payment $3,436/month
Highlights
- Vaulted Ceiling
- Forced Air Heating and Cooling System
- 1-Story Property
- 2 Car Attached Garage
- Carpet
About This Home
Newmark, as the exclusive advisor, is pleased to present the opportunity to acquire 5904/5906 Bourbon Way, Carmichael, Ca. Built in 1977, this duplex offers a premier turn-key investment priced at $620,000. The property features a 1,134 sq. ft. 2-bed/2-bath unit, and a 984 sq. ft. 2-bed/1-bath unit. Both of the units are occupied by reliable, long-term tenants on month-to-month leases. This occupancy provides immediate cash flow with the rare flexibility to transition to market-rate rents or owner-occupancy. For investors seeking to scale, the adjacent duplex at 5908/5910 Bourbon Way is also for sale at $625,000, offering a unique opportunity to acquire four contiguous units in a stabilized suburban submarket. The asset has been meticulously maintained through a comprehensive capital improvement program that significantly minimizes near-term maintenance risks. Major upgrades completed in 2019 include a new roof, new HVAC systems, and a full exterior repaint. Additionally, the kitchens and bathrooms were modernized between 2016 and 2019, ensuring the interiors remain highly competitive. At approximately $292 per square foot, this property represents an exceptional balance of mechanical reliability and aesthetic appeal in a high-demand location.
Property Details
Home Type
- Multi-Family
Year Built
- 1977
Parking
- 2 Car Attached Garage
- Off-Street Parking
Home Design
- Duplex
- Slab Foundation
- Wood Frame Construction
- Composition Roof
Interior Spaces
- 2,118 Sq Ft Home
- 1-Story Property
- Vaulted Ceiling
- Washer and Dryer Hookup
Kitchen
- Electric Oven
- Electric Cooktop
- Dishwasher
- Formica Countertops
Flooring
- Carpet
- Vinyl
Utilities
- Forced Air Heating and Cooling System
Listing and Financial Details
Community Details
Overview
Building Details
- 2 Leased Units
- Operating Expense $1,584
- Gross Income $45,480
Map
Home Values in the Area
Average Home Value in this Area
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 | $1,552 | $128,370 | $20,115 | $108,255 |
| 2024 | $1,552 | $125,854 | $19,721 | $106,133 |
| 2023 | $1,528 | $123,387 | $19,335 | $104,052 |
| 2022 | $1,498 | $120,968 | $18,956 | $102,012 |
| 2021 | $1,473 | $118,597 | $18,585 | $100,012 |
| 2020 | $1,446 | $117,382 | $18,395 | $98,987 |
| 2019 | $1,418 | $115,082 | $18,035 | $97,047 |
| 2018 | $1,402 | $112,827 | $17,682 | $95,145 |
| 2017 | $1,389 | $110,616 | $17,336 | $93,280 |
| 2016 | $1,299 | $108,448 | $16,997 | $91,451 |
| 2015 | $1,320 | $106,820 | $16,742 | $90,078 |
| 2014 | $1,294 | $104,731 | $16,416 | $88,315 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 04/28/2026 04/28/26 | Price Changed | $620,000 | -3.1% | $293 / Sq Ft |
| 04/02/2026 04/02/26 | For Sale | $640,000 | -- | $302 / Sq Ft |
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 |
|---|---|---|---|
| Interfamily Deed Transfer | -- | First American Title Ins Co | |
| Interfamily Deed Transfer | -- | First American Title Ins Co | |
| Interfamily Deed Transfer | -- | Inter County Title Co | |
| Interfamily Deed Transfer | -- | Old Republic Title |
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 |
|---|---|---|---|
| Closed | $155,000 | No Value Available | |
| Closed | $92,950 | No Value Available |
Source: MLSListings
MLS Number: ML82041299
APN: 236-0252-026
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