Coldwell Banker Home Page
Local Realty Service Provided By: Coldwell Banker Kappel Gateway Realty
Property view
Listing view 2
Listing view 3

5945 Oak Avenue, 
Carmichael, CA 95608

$950,000


Bed


Bath


4,089

Sq Ft


Multi-Family


Virtual Tour

Active

Listed by

Alexis Mcgee

Joshua G Hicks

Alexis Mcgee Group Inc

Last updated:

August 19, 2025, 02:50 PM

MLS#

225104262

Source:

MFMLS

About This Home

5945 Oak Avenue

TREMENDOUS VALUE ADD OPPORTUNITY. Approved plans to complete existing three unit building with two large 3 bed 2 bath units and one 2 bed 2 bath unit across the street from Riverwood Gated Community Resort with nearby access to American River Parkway! Offering includes stamped remodel plans; approved permits (and full renderings) ready to go! The two 3 bed units have recently updated interiors and include in unit laundry and 2 car garages. The upper 3rd unit is 2 bed 2 bath with in unit laundry. There's also a 4 car covered carport. The lower floor is unfinished (not included in square footage) with potential for a junior ADU and 2 car garage subject to county approval. This is a GREAT opportunity for an owner occupant to live in one unit and finish the project using FHA 203k financing. Also great for an investor purchaser looking for their next flip or great income property in a highly desirable area. Hard to find vacant multi unit with so much potential for short; mid or long term rentals. Make it yours today!

Home Facts

Multi-Family

Built in 1975

Price Summary

950,000

$232 per Sq. Ft.

MLS #:

225104262

Last Updated:

August 19, 2025, 02:50 PM


Rooms & Interior

Interior

Living Area:

4,089 Sq. Ft.


Structure

Structure

Year Built:

1975


Lot

Lot Size (Sq. Ft):

12,197


Finances & Disclosures

Finances

Price:

$950,000

Price per Sq. Ft:

$232 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: August 19, 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.

Contact an Agent

Yes, I would like more information from Coldwell Banker. Please use and/or share my information with a Coldwell Banker agent to contact me about my real estate needs.

By clicking Contact I agree a Coldwell Banker Agent may contact me by phone or text message including by automated means and prerecorded messages about real estate services, and that I can access real estate services without providing my phone number. I acknowledge that I have read and agree to the Terms of Use and Privacy Notice.

 

Contact an Agent

Yes, I would like more information from Coldwell Banker. Please use and/or share my information with a Coldwell Banker agent to contact me about my real estate needs.

By clicking Contact I agree a Coldwell Banker Agent may contact me by phone or text message including by automated means and prerecorded messages about real estate services, and that I can access real estate services without providing my phone number. I acknowledge that I have read and agree to the Terms of Use and Privacy Notice.