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  • $875,000

    4028 Leos Ln, Carmichael, CA 95608

    7beds
    2,137sqft
    : 
    $5,806/mo
    Get pre-qualified
    5 or More Units
    Built in 1948
    -- sqft lot
    $843,800 Zestimate®
    $409/sqft
    $-- HOA

    What's special

    Functional layoutsEfficient layoutsAbundant natural lightPrivate yard areasUpdated kitchensStainless steel appliancesInviting living spaces
    Discover a rare income producing opportunity at 4028 Leos Ln in Carmichael featuring a well maintained fourplex plus an additional detached cottage, offering flexibility and strong investment potential in a desirable location. Whether you're looking to expand your portfolio, offset your mortgage with rental income, or secure a multi-unit residential property with long-term upside, this property delivers versatility and value. The units offer inviting living spaces with functional layouts, vaulted and high ceilings in select areas, and abundant natural light that creates an open, airy feel throughout. Several interiors feature updated kitchens with efficient layouts, stainless steel appliances, and ample prep and dining space designed for comfortable everyday living. Outdoor amenities enhance the appeal for both tenants and owners alike, including private yard areas, covered patios, and a pool ideal for relaxing and entertaining. Additional conveniences such as garage parking and dedicated laundry areas add to the property's everyday practicality and rental desirability. Situated in a prime Carmichael location close to shopping, dining, parks, and commuter access, this unique residential income property presents an exceptional opportunity for investors or owner occupants seeking both lifestyle and cash flow potential.
    107 days
    |
    353
    |
    18
    |

    Zillow last checked:

    Listing updated:

    Listed by:

    Daniel Harris DRE #02182462 916-633-4345,

    Nick Sadek Sotheby's International Realty,

    Nelson Lund DRE #02013954 916-704-5101,

    Nick Sadek Sotheby's International Realty

    Source: MetroList Services of CA,MLS#: 226047585Originating MLS: MetroList Services, Inc.

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 7
      • Bathrooms: 4
      • Full bathrooms: 4
      Heating
      • Central, Radiant, Natural Gas
      Cooling
      • Ceiling Fan(s), Central Air, Wall Unit(s), Window Unit(s)
      Appliances
      • Included: Dishwasher, Microwave, Free-Standing Electric Oven
      • Laundry: Laundry Closet, Washer/Dryer Hookups
      Features
      • Flooring: Carpet, Tile, Luxury Vinyl Plank
      • Has fireplace: No
      Interior area
      • Total structure area: 0
      • Total interior livable area: 2,137 sqft

      Property

      Parking
      • Parking features: Attached, Garage
      • Has attached garage: Yes
      Features
      • Levels: One
      • Stories: 1
      Lot
      • Size: 0.37 Acres
      • Features: Cul-De-Sac, Landscape Back, Landscape Front, Other
      Details
      • Parcel number: 24501900040000
      • Zoning: GC
      • Special conditions: Standard

      Construction

      Type & style
      • Home type: MultiFamily
      • Property subtype: 5 or More Units
      Materials
      • Wood
      • Foundation: Raised
      Condition
      • Year built: 1948

      Utilities & green energy

      • Sewer: Public Sewer
      • Water: Public
      • Utilities for property: Cable Available, Sewer In & Connected, Internet Available

      Community & HOA

      Location
      • Region: Carmichael

      Financial & listing details

      • Price per square foot: $409/sqft
      • Tax assessed value: $595,335
      • Price range: $875K - $875K
      • Date on market: 5/9/2026
      • Tenant pays: Pool Maintenance, Electricity, Gas
      • Income includes: Rent Only, See Remarks

        Estimated market value

        $843,800

        $802,000 - $886,000

        $1,969/mo

        Price history

        DateEventPrice
        5/9/2026Listed for sale$875,000+59.1%$409/sqft
        Source: MetroList Services of CA #226047585 Report a problem
        11/17/2021Sold$550,000$257/sqft
        Source: Public Record Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2026-- $595,335 +2%
        2025$7,071 +2.2%$583,663 +2%
        2024$6,922 +1.6%$572,220 +2%
        2023$6,812 +2%$561,000 +2%
        2022$6,676 +234.5%$550,000 +238.1%
        2021$1,996 +1.9%$162,662 +1%
        2020$1,959 +2%$160,995 +2%
        2019$1,920 +1.2%$157,839 +2%
        2018$1,898 +1%$154,745 +2%
        2017$1,880 +7%$151,712 +2%
        2016$1,757 +1.2%$148,739 +1.5%
        2015$1,736 $146,506 +2%
        2014$1,736 $143,637 +0.5%
        2013-- $142,989 +2%
        2012-- $140,186 +2%
        2011-- $137,438 +0.8%
        2010-- $136,412 +1.8%
        2008-- $134,057 +2%
        2007-- $131,429 +2%
        2006-- $128,853 +2%
        2005-- $126,327 +2%
        2004-- $123,851 +1.9%
        2003-- $121,582 +2%
        2002-- $119,199 +2%
        2001-- $116,863 +2%
        2000-- $114,573
        Find assessor info on the county website

        Monthly payment

        Est. payment

        Payment breakdown

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        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
        See how much you could borrow to make a competitive offer.

        Climate risks

        Neighborhood: 95608

        Getting around

        74 / 100
        Very Walkable
        76 / 100
        Very Bikeable

        Nearby schools

        GreatSchools rating

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