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Carmichael, CA High Cap Rate Commercial Investment Properties for Sale

Explore commercial real estate investment properties for sale in Carmichael, California Market population: 62K. Compare commercial properties across all major asset classes with...

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Strategic Oakland Investment: 5476 Vicente Way in High-Demand 94609 Zip Code

$1,200,000
Oakland Multifamily

Discover a compelling real estate investment in the vibrant city of Oakland, California. This property at 5476 Vicente W...

Cap Rate 2.70%
NOI $32,400
Size 1,800 SF

📊 Average Cap Rate For Carmichael CA Properties: 6.68%

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High-Cap-Rate Value-Add Multifamily Investment in Oakland

$2,299,999
Oakland Multifamily

Discover a compelling value-add opportunity in Oakland’s vibrant real estate market. This six-unit multifamily propert...

Cap Rate 7.97%
NOI $183,323
Size 6,104 SF

Investor Questions For Carmichael CA

Common questions from investors exploring commercial real estate in Carmichael CA.

What is the overall investment potential of Carmichael, CA, considering its demographic and economic factors? +
Carmichael, CA, with a population of 61,659 and a median age of 42.5, presents a stable investment market, given its median household income of $54,101 and a relatively high poverty rate of 13.5%, which is somewhat mitigated by a high health insurance coverage rate of 92.6% and diverse top industries including Information, Public Administration, and Manufacturing.
How does the ethnic diversity and foreign-born rate impact the demand for real estate in Carmichael, CA? +
The ethnic diversity, with top ethnicities being White (42.0%), White Non-Hispanic (37.7%), and Hispanic (7.5%), combined with a foreign-born rate of 17.1%, suggests a culturally rich and potentially dynamic market, which could support a strong demand for real estate, especially considering the top industries and the median property value of $281,000.
What are the implications of the commute time, health insurance rate, and poverty rate for real estate investors in Carmichael, CA? +
The average commute time of 25.2 minutes, high health insurance coverage rate of 92.6%, and a poverty rate of 13.5% indicate a relatively stable and healthy workforce, which is beneficial for investors, as it suggests a lower risk of tenant instability and higher potential for consistent rental income, especially with a median gross rent of $1,244.
How do the top industries and employment rate influence the real estate market in Carmichael, CA? +
The top industries, including Information, Public Administration, and Manufacturing, along with an employed population of 26,195, suggest a strong and diverse economic base, which can lead to a stable demand for housing, both for ownership and rental, thereby supporting real estate investment, particularly with a homeownership rate of 53.8% and median property taxes of $14,223.
What role does the GINI coefficient and income inequality play in assessing the real estate investment potential in Carmichael, CA? +
The GINI coefficient of 0.473 indicates a moderate level of income inequality, which, when considered alongside the median household income of $54,101 and poverty rate of 13.5%, suggests that investors should be mindful of the market's socio-economic dynamics, potentially targeting investments that cater to the middle and upper-middle class, given the median property value of $281,000 and the presence of diverse industries and ethnic groups.

Carmichael CA Real Estate & City Facts

Key facts and real estate information about Carmichael CA.

What are some of the best neighborhoods to live in Carmichael? +
Some of the best neighborhoods to live in Carmichael include the northeast parts of the city, which tend to be more desired, while more affordable homes can be found in the northwest regions. Neighborhoods like those near Fair Oaks Boulevard and Manzanita Avenue are also popular.
What are some fun things to do in Carmichael? +
Carmichael has a variety of attractions, including the Effie Yeaw Nature Center, the Carmichael Park, and the Jensen Botanical Garden. There are also plenty of great restaurants and shops along Fair Oaks Boulevard.
What is the food scene like in Carmichael? +
The food scene in Carmichael is diverse, with a range of restaurants serving everything from Mexican food to sushi. Some popular spots include Jack's Urban Eats, Shangri La, and Divided Sky Tavern. There are also plenty of great food trucks and casual eateries throughout the city.
What are the pros and cons of living in Carmichael? +
One of the pros of living in Carmichael is its convenient location, with easy access to Sacramento and other surrounding cities. The city also has a strong sense of community, with plenty of parks and outdoor spaces. However, some cons include the traffic on Fair Oaks Boulevard and the limited nightlife options. Additionally, some areas of the city can be quite crowded and noisy.
Is Carmichael a good place to live? +
Overall, Carmichael is a great place to live, with a mix of urban and suburban amenities. The city has a strong sense of community, with plenty of parks and outdoor spaces, and a diverse range of restaurants and shops. While it may not be perfect, with some areas being quite crowded and noisy, it is a great option for those looking for a convenient and affordable place to live in the Sacramento area.
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Prime Oakland Multifamily Investment: 6-Unit Apartment Building with 7.97% Cap Rate in Temescal

$2,299,999
Oakland Apartment Building

Presenting a high-yield investment opportunity at 5476 Vicente Way in Oakland's sought-after Temescal neighborhood. This...

Cap Rate 7.97%
NOI $183,300
Size 0 SF

📊 Avg Property Tax Rate For Carmichael CA Properties: 5.0600%

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Prime Oakland Multifamily Investment: 6-Unit Property with 7.97% Cap Rate in Temescal

$2,299,999
Oakland Multifamily

Discover a compelling investment opportunity at 5476 Vicente Way in Oakland's vibrant Temescal neighborhood. This well-m...

Cap Rate 7.97%
NOI $183,324
Size 0 SF
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Prime Value-Add Opportunity: 8-Unit Multifamily Asset in San Fernando, CA

$1,750,000
San Fernando Multifamily

Presenting a compelling value-add opportunity in the heart of San Fernando, California, this 8-unit multifamily property...

Cap Rate 6.66%
NOI $116,550
Size 5,040 SF

📊 Average Income For Carmichael CA Commercial Property: $54,101

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Prime Valley Village Multifamily: 48-Unit Modern Apartment Complex with 3.39% Cap Rate

$30,000,000
Valley Village Multifamily

Discover a prime multifamily investment opportunity in the desirable Valley Village neighborhood of Los Angeles County....

Cap Rate 3.39%
NOI $1,017,000
Size 52,393 SF
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Prime San Fernando Multifamily: 5-Unit Value-Add Opportunity with 7.76% Cap Rate

$1,275,000
San Fernando Multifamily

Discover a compelling multifamily investment in the heart of San Fernando, California. This 5-unit apartment property, p...

Cap Rate 7.76%
NOI $98,945
Size 10,888 SF
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Prime 15-Unit Multifamily Investment in Heart of San Francisco

$4,895,000
San Francisco Multifamily

Discover a prime multifamily investment in the heart of San Francisco's vibrant 94103 zip code. This 15-unit mid-rise pr...

Cap Rate %
NOI $0
Size 8,225 SF
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7-Unit Multifamily Value-Add Opportunity in Long Beach with 7% Cap Rate

$2,100,000
Long Beach Multifamily

Discover a compelling value-add opportunity in the heart of Long Beach, California. This 7-unit multifamily property, lo...

Cap Rate 7.00%
NOI $144,960
Size 6,074 SF
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Prime Arcata Multifamily Value-Add: 126-Unit Garden Apartment with 8.67% Cap Rate

$12,750,000
Arcata Multifamily

Presenting a compelling value-add investment in the vibrant city of Arcata, California. This 126-unit garden-style apart...

Cap Rate 8.67%
NOI $99,999
Size 87,484 SF
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