Fully Remodeled Duplex
2434 Camino Garden Way Carmichael, CA 95608
2434 Camino Garden Way, Carmichael, CA, 95608
$825,000
For Sale
$825,000
Turnkey duplex with a brand-new flat roof, dual-pane windows, remodeled kitchens and bathrooms, and refreshed interior and exterior finishes.
Property Size2,471 SF
Price / SF$333.87
Days on Market69
Property Features for 2434 Camino Garden Way
General Information
- Standard status
- Active
- Size
- 2,471 SF
- Property subtype
- Multi Family
Building Details
- Year Built
- 1979
Listing agency
eXp Realty of California Inc.
(916) 400-0000
Listed by
Amir Cackovic · License #01484623
(916) 400-0000
Source
Exitrealty
Added: May 14 Updated: Jul 20 at 10:09PM Checked: Jul 21 at 5:31AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of eXp Realty of California Inc.
Investment Insights
Based on property information with market context.
This fully remodeled duplex has been practically rebuilt with substantial interior and exterior improvements throughout. Updates include a brand-new flat roof, new siding, dual-pane windows, all-new doors, and fresh interior and exterior paint. The kitchens and bathrooms have been remodeled, complemented by new LVP flooring, modern lighting, and upgraded finishes. Fresh concrete has been added throughout, along with new garage doors. Outside, the low-maintenance landscaping features rock and artificial grass.
The property is located near Anciel Hoffman Park and close to the river, restaurants, and shopping, providing convenient everyday access to local amenities.
Presented as a turnkey offering, the duplex is configured for rental use and has been improved with durable, low-maintenance materials and modernized common living areas in both units.
The property is located near Anciel Hoffman Park and close to the river, restaurants, and shopping, providing convenient everyday access to local amenities.
Presented as a turnkey offering, the duplex is configured for rental use and has been improved with durable, low-maintenance materials and modernized common living areas in both units.
Key Highlights
- Fully remodeled duplex, practically rebuilt, with over $150K in upgrades
- Brand‑new flat roof, new siding, and dual‑pane windows
- Kitchens and bathrooms remodeled with new LVP flooring and modern lighting
Local Financial Insights For Multifamily LT 5
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $54.9k | $22.20 |
| − Vacancy | −$3.5k | −$1.43 |
| EGI | $51.3k | $20.77 |
| − OpEx | −$15.4k | −$6.23 |
| NOI | $35.9k | $14.54 |
2,471 SF · lease $22.20/SF/yr · vacancy 6.46% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$513.1K
$449.0K – $598.7K
NOI $35,919 @ 7.0% cap · market cap 4.35%
Second Best
Apartment 5plus
$471.2K
$412.3K – $549.7K
NOI $32,983 @ 7.0% cap · market cap 4.00%
Theoretical Best
Office A
$658.3K
$576.0K – $768.0K
NOI $46,080 @ 7.0% cap · market cap 5.59%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Duplexes
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FAQs
What type of property is this?
Duplex - Turnkey duplex with a brand-new flat roof, dual-pane windows, remodeled kitchens and bathrooms, and refreshed interior and exterior finishes.
Where is this duplex located?
The property is located at 2434 Camino Garden Way Carmichael, CA.
What is the asking price?
The asking price for this property is $825,000.
What are key features of this property?
This property features: Fully remodeled duplex, practically rebuilt, with over $150K in upgrades; Brand‑new flat roof, new siding, and dual‑pane windows; Kitchens and bathrooms remodeled with new LVP flooring and modern lighting
