For Sale
$1,899,000

6417-6427 Miles LnCarmichael, CA 95608-2498

Six-unit rental portfolio, renovated 2024.

Overview

Added:
Dec 11, 2024
Days on market:
115
This exceptional investment opportunity presents a meticulously renovated six-unit single-family rental portfolio located in Carmichael, CA, bordering Fair Oaks. The property, built in 1973 and completely renovated in 2024, comprises three single-story buildings totaling 4,848 square feet on a 0.34-acre lot. The property is zoned RD-10 and features six units, offering a consistent cash flow and strong potential for long-term returns. The asking price is $1,899,000. This Class B multifamily property provides a stable investment with steady tenants in a desirable location. The property's recent renovation ensures minimal maintenance needs, maximizing the return on investment. The property's address is 6417-6427 Miles Ln, Carmichael, CA 95608-2498, with the APN 245-0222-025-0000. This is an owner-user investment opportunity with a proven track record of generating income. The property's location offers easy access to local amenities and major transportation routes. This is an ideal addition to any investor's portfolio seeking a reliable and profitable asset.

Highlights

  • $1,899,000 asking price.
  • Six-unit multifamily property (Single Family Rental Portfolio).
  • Class B property with 4,848 square feet.
  • Located in Carmichael, CA, bordering Fair Oaks.
  • Built in 1973, renovated in 2024.
  • Three buildings on a 0.34-acre lot.

Property Details for 6417-6427 Miles Ln

Property type
Residential income homes
Square Feet
4,848 SF
Class
B
Year Built/Renovated
1973/2024
Buildings
3
Stories
1
Lot Size (sq. ft)
14,810 SF
Units
6

Location Insight

City
Carmichael
County
Sacramento
State
California
Latitude
38.6373056
Longitude
-121.3149272
6417-6427 Miles Ln, Carmichael, California

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6417-6427 Miles Ln
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