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Property view

4201 Manzanita Avenue, 
Carmichael, CA 95608

$1,086,250


Bed


Bath


4,766

Sq Ft


Multi-Family

Sold

Listed by

Corey Mckinney

Karen Dancer

Bought with Reed Block Realty

eXp Realty Of California, Inc.

MLS#

224117800

Source:

MFMLS

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About This Home

4201 Manzanita Avenue

This Carmichael mixed use property offers a unique blend of stability and future potential, making it an exceptional find for forward-thinking investors or owner-occupants. The rear of the property features a fully renovated triplex, each unit with private backyards and fully leased at top-of-market rents. With consistent cash flow already in place, this asset is ready to perform from day one. What sets this property apart is the flexibility of the front unit. Historically a single-tenant retail space, it holds the possibility for a multi-unit retail conversion or even a residential adaptation, subject to local zoning. This versatility opens the door to various revenue streams and strategic repositioning based on market demand. For those looking to enhance their portfolio with a dynamic, income-producing property, or for an owner-occupant seeking to capitalize on Carmichael's growing market, this is an unparalleled opportunity. Properties with this level of versatility, immediate return, and future upside are rarely available, making this the ideal moment to invest.

Home Facts

Multi-Family

Built in 1960

Price Summary

1,149,000

$241 per Sq. Ft.

MLS #:

224117800


Rooms & Interior

Interior

Living Area:

4,766 Sq. Ft.


Structure

Structure

Year Built:

1960


Lot

Lot Size (Sq. Ft):

20,908


Finances & Disclosures

Finances

Price:

$1,149,000

Price per Sq. Ft:

$241 per Sq. Ft.

MLS Logo
MetroList MLS 2025. This information is being provided by MetroList MLS. All measurements and calculations of area are approximate. Information provided by Seller/Other sources, not verified by Broker. All interested persons should independently verify accuracy of information. Provided properties may or may not be listed by the office/agent presenting the information. Data Updated: February 5, 2025. Information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information deemed reliable but not guaranteed. Any offer of compensation is made only to Participants of MLS where the subject listing is filed and in accordance with such MLS's regulations or rules.