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2905-2921 Garfield Ave
Carmichael, CA 95608
Retail Property For Sale
PROPERTY FACTS
ABOUT 2905-2921 GARFIELD AVE , CARMICHAEL, CA 95608
Mix Use Property Investment: - Price Reduction. Total Unit: 6, 4 residential dwelling, 1 commercial use (pre-school) with one detached manufactured property for school use (Manufactured home not on the record) on three APN, of 276-0140-013, 276-0140-011, and 276-0140-020. - See attached flyer. Occupancy: 100% Zoning: RD40, Mix Use Year Built: 1935, 1954, & 1979 (Some units completely rebuilt due to fire) Size - Total approx. 10,634 sqft Lot Size: 1.5 Acre Cap rate: 6.075% This total 6 buildingon three (3) lots, single dwellings and pre-school as a commercial use property is situated in nice older neighborhood of Carmichael. Rental demand is high in this area and currently leased 100% with 3% annual increase in rent for the pre-school. This investment also offers possibiity of future redevelopment site.
PROPERTY TAXES
| Parcel Number | 272-0140-011 | Improvements Assessment | $959,331 |
| Land Assessment | $424,483 | Total Assessment | $1,383,814 |
PROPERTY TAXES
