Property Detail

Description

Newmark, as the exclusive advisor, is pleased to present the opportunity to acquire a versatile duplex investment located at 3332 Jayanne Way / 5401 Kimsue Ct in Carmichael, California. Offered at $620,000, this 1,939-square-foot property was constructed in 1976 and sits on a spacious 0.20-acre corner lot. The building features a unique layout where each unit enjoys its own street frontage and entrance: 3332 Jayanne Way is a 2-bedroom, 1-bathroom unit ( sf) currently rented at $1,520, while 5401 Kimsue Ct is a 2-bedroom, 2-bathroom unit ( sf) rented at $1,925. Both units are occupied by reliable, long-term tenants on month-to-month leases, providing immediate stable cash flow with the flexibility to adjust to market rates. The property has been well-maintained, featuring a fresh exterior paint job completed in 2020. This offering is further enhanced by the availability of the adjacent duplex at 3312/3314 Jayanne Way, offered by the same ownership for $605,000. Whether purchased as a standalone asset or as part of this contiguous package, the Kimsue/Jayanne duplex offers a stabilized foundation with significant upside in one of Carmichaels most desirable rental pockets.