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6151 Fair Oaks Blvd
Carmichael, CA 95608
6151 Fair Oaks Boulevard · Office Property For Sale
Investment Highlights
- Fully occupied 12 units
- Freestanding gated property. Security system
- 37 gated parking spaces
- Currently cap rate 6.2% with below market rents. Increase in rent 2%-10% each year
- 0.75 acres lot, zoning RD 40
- Purchased solar system
Property Facts
Property Type
Office
Building Size
7,986 SF
Building Class
C
Year Built
1986
Tenancy
Multiple
Building Height
1 Story
Typical Floor Size
7,986 SF
Building FAR
0.24
Lot Size
0.75 AC
Zoning
RD-40 - MULTIPLE FAMILY RESIDENTIAL
Parking
37 Spaces (4.62 Spaces per 1,000 SF Leased)
Amenities
- Fenced Lot
- Security System
- Central Heating
- Fully Carpeted
- Air Conditioning
About 6151 FAIR OAKS BLVD , CARMICHAEL, CA 95608
Rare investment opportunity in Carmichael! Free standing single level 12-unit multi-tenant office on a 0.75 acre lot. Rent rate is currently much lower than the market rate. 100% occupied by long-term tenants. Landlord is receiving 100% rent payments during COVID-19. All units are in good condition. Increase in rent 2%-10% each year. Owned solar system, energy efficient lights throughout the entire building. 100% fenced yard, security system. 37 gated parking spaces.
Property Taxes
| Parcel Number | 272-0242-011 | Improvements Assessment | $489,264 |
| Land Assessment | $455,130 | Total Assessment | $944,394 |
Property Taxes
Parcel Number
272-0242-011
Land Assessment
$455,130
Improvements Assessment
$489,264
Total Assessment
$944,394
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