Newmark, as the exclusive advisor, is pleased to present the opportunity to acquire 5904/5906 Bourbon Way, Carmichael, Ca. Built in 1977, this duplex offers a premier turn-key investment and just reduced to $605,000. The property features a 1,134 sq. ft. 2-bed/2-bath unit, and a 984 sq. ft. 2-bed/1-bath unit.… Read More 5904 is currently vacant, with 5906 vacant later this month. This situation is ideal and allows either an owner-occupy situation or lease out at market rents. . For investors seeking to scale, the adjacent duplex at 5908/5910 Bourbon Way is also for sale and priced at $610,000, offering a unique opportunity to acquire four contiguous units in a stabilized suburban submarket. The asset has been meticulously maintained through a comprehensive capital improvement program that significantly minimizes near-term maintenance risks. Major upgrades completed in 2019 include a new roof, new HVAC systems, and a full exterior repaint. Additionally, the kitchens and bathrooms were modernized between 2016 and 2019, ensuring the interiors remain highly competitive. At approximately $253 per square foot, this property represents an exceptional balance of mechanical reliability and aesthetic appeal in a high-demand location. Read Less
Property listed by Cornish & Carey Commercial, Kelly Rivett 310-259-7556
Listing Snapshot
Days Online
82
Last Updated
Property Type
Duplex
Square Ft.
2,118
Lot Size
0.14 Acres
Year Built
1977
MLS Number
ML82041299
Additional Details
Appliances & Equipment
Dishwasher, ElectricCooktop, ElectricOven
Building
Built in 1977, Living area: 2118.0, 1 building, 1 storey
Based on information from California Regional Multiple Listing Service, Inc. as of and/or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
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