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    2601 Carmichael Way Carmichael, CA 95608

    Sponsored
    Source: https://www.intero.com
    For Sale
    $5,295,000

    Oversized One- and Two-Bedroom Units

    Property size:
    55,601 SF

    Description

    Added:
    May 21, 2025
    Days on Market:
    231
    6.05% CAP and 10.77 GRM Day one! 2601 Carmichael offers oversized one- and two-bedroom units, each with an in-suite washer and dryer, ranging from approximately 1,090 to 1,490 square feet. Residents enjoy at least one large private patio or balcony, and a secured swimming pool enhances tenant appeal. With one of the region’s lowest vacancy rates, Carmichael remains a strong rental market. The new owner can implement a Ratio Utility Billing System (RUBS) to allocate utility costs, typically adding $25-$100 per unit in additional revenue. These improvements will boost cash flow and add value to the complex by implementing the RUBS to those units not already included. The Hause Apartments attracts quality tenants due to its prime location, proximity to a good school district, and being minutes from the American River. Don’t miss this rare investment opportunity in Carmichael!

    Property Features for 2601 Carmichael Way

    General Information

    Property type
    Multifamily properties
    Square Feet
    55,601 SF
    Price / Square Foot
    $95
    Total Parking Spaces
    37
    Elevators
    N/A
    Lot Size
    55,757 SF

    Building Details

    Year Built
    1963
    Stories
    2
    Units
    24
    Location Intelligence

    Current Use by Public Records

    Residential income homes

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Carmichael
    State
    California
    Longitude
    -120.8290622
    Latitude
    37.5142838

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    FAQs

    What type of property is this?
    Multifamily property - Oversized One- and Two-Bedroom Units
    Where is this multifamily property located?
    The property is located at 2601 Carmichael Way Carmichael, CA.
    What is the asking price?
    The asking price for this property is $5,295,000.
    (408) 342-8696
    Request Owner's contact information
    2601 Carmichael Way Carmichael, CA 95608
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    Carmichael, CA 95608
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    2601 Carmichael Way Carmichael, CA 95608
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