3232 Panama Ave, Carmichael, CA 95608
OFF MARKET

3232 Panama Ave
Carmichael, CA 95608

  • 4 Beds
  • 2 Baths
  • 1,800 sqft (on 0.31 acres)

$558,500

Trulia Estimate
as of May 19, 2026
Est. Refi. Payment $3,442/mo*
Refinance Your Home

$558,500

Trulia Estimate
as of May 19, 2026
Est. Refi. Payment $3,442/mo*
Refinance Your Home
4 Beds
2 Baths
1,800 sqft
(on 0.31 acres)

Local Information

Map showing home location
© Google
-- mins to
Commute Destination

Description

Wow What an Opportunity. Two units on one nice large rural feeling lot situated on a dead end street in the heart of Carmichael! This property has a ton of potential for the home buyer looking for income and sweat equity, a family that needs a granny unit or the investor looking for cash flow! Close to schools, parks and shopping! Owner Financing available, must qualify.
This property is off market, which means it's not currently listed for sale or rent on Trulia. This may be different from what's available on other websites or public sources.

Home Highlights

Parking
Garage
Outdoor
Pool
A/C
Heating & Cooling
HOA
None
Price/Sqft
No Info
Listed
No Info

Home Details for 3232 Panama Ave

Interior Features

Heating & Cooling
Heating: Forced AirAir ConditioningCooling System: CentralHeating Fuel: Forced Air
Levels, Entrance, & Accessibility
Stories: 1
Interior Details
Number of Rooms: 7
Fireplace & Spa
Fireplace

Exterior Features

Exterior Home Features
Roof: Composition
Pool
Pool
Parking & Garage
GarageParking: Garage Attached

Property Information

Year Built
Year Built: 1950
Property Type / Style
Property Type: Multi FamilyArchitecture: Other

Community

Units in Building: 2

Lot Information

Lot Area: 0.31 acres

Price History for 3232 Panama Ave

DatePriceEventSource
11/24/2015$256,500Sold
N/A
09/09/2015$269,900Listed For SaleAgent Provided
10/27/2005$275,000Sold
N/A
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Property Tax and Assessment

Year2025
Tax$3,597
Assessment$303,579
Home facts updated by county records

Comparable Sales for 3232 Panama Ave

Address
Distance
Property Type
Sold Price
Sold Date
Bed
Bath
Sqft
3117-3115 Manand St, Carmichael, CA
0.33
Multi-Family Home
$650,000
05/21/25
5
2
2,070
3545-3535 Sue Pam Dr, Carmichael, CA
0.52
Multi-Family Home
$497,000
01/13/26
4
2
1,232
2248-2246 Garfield Ave, Carmichael, CA
0.74
Multi-Family Home
$530,000
08/18/25
4
2
1,871
2242-2240 Garfield Ave, Carmichael, CA
0.74
Multi-Family Home
$530,000
08/18/25
4
2
1,871
2254-2252 Garfield Ave, Carmichael, CA
0.74
Multi-Family Home
$530,000
08/18/25
4
2
1,860
3519-3517 Grant Park Dr, Carmichael, CA
0.25
Multi-Family Home
$495,000
10/02/25
4
-
1,916
3329 Jayanne Way, Carmichael, CA
0.80
Multi-Family Home
$584,000
05/11/26
4
2
1,848
2831 Clark Ave, Carmichael, CA
0.60
Multi-Family Home
$525,000
02/04/26
6
4
2,016
2614 E Marie Ann Ln, Carmichael, CA
0.79
Multi-Family Home
$332,000
06/04/25
3
2
1,657
3714 Garfield Ave, Carmichael, CA
0.84
Multi-Family Home
$661,000
08/27/25
4
4
2,004

Assigned Schools

These are the assigned schools for 3232 Panama Ave.
View nearby schools on GreatSchools
The GreatSchools Rating compares schools on a variety of school quality indicators including test scores, college readiness, equity and more. Learn more.

What Locals Say about Carmichael

At least 476 Trulia users voted on each feature.

  • 87 % Say it's dog friendly

  • 84 % Say car is needed

  • 77 % Say parking is easy

  • 75 % Say there are sidewalks

  • 73 % Say yards are well-kept

  • 68 % Say there's holiday spirit

  • 62 % Say it's walkable to grocery stores

  • 61 % Say it's quiet

  • 57 % Say kids play outside

  • 56 % Say it's walkable to restaurants

  • 56 % Say they plan to stay for at least 5 years

  • 51 % Say neighbors are friendly

  • 48 % Say people would walk alone at night

  • 47 % Say there's wildlife

  • 39 % Say streets are well-lit

  • 27 % Say there are community events

Sourced by Trulia users. Learn more about our methodology.
  • Ashley Pate
    "My kids go to school in the Arden area and it’s okay. There’s many different ways to take but it’s a little trafficy. I would say 3 out of 5 stars."
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  • Aligqi80
    "Carmichael is unique because it offers a calm, family-friendly atmosphere with beautiful tree-lined streets, nearby parks, and easy access to shopping, dining, and major roads. It feels peaceful while staying very convenient."
    0
    Flag
  • Renewilliams415
    "I have lived in this neighborhood with my mom and my brothers fir 11 years. We know all our neighbors and everyone looks out for each other. "
    0
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  • Fawad Mohammad
    "Nice and lovely area. Love it because it’s quite and calm and people are friendly around and American river is also close by."
    0
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  • Linda
    "We have sidewalks and mature trees and no HOA fees. It is quiet and has really great schools. The houses are all well built. "
    0
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  • Renewilliams415
    "My mom has lived here for the past 12 years prior to her passing away recently. We know all the neighbors, their kids, & their dogs. Everyone here has been so kind to us the entire time we have lived in the neighborhood. We usually have a baked goods exchange during the holidays and we come together for a block party for memorial day & the 4th of july. I would recommend carmichael as a great area to live!"
    0
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  • Kimberley Nichole Hazlett
    "The commute to grocery stores and other shops are easily accessible from our neighborhood. A few of them are within walking distance as well. Making it really convenient."
    0
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  • Hav2bme
    "Easy commute...right off freeway and close to everything. Easy side streets. Everything is super close, including grocery stores "
    0
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  • Mariajose.fernandezf
    "Commute is Busy. Add extra time for traffic. Freeway and streets during peak hours are packed. Some days are better than others. Depends on what time of year it is. "
    0
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  • Marisa B.
    "Very nosy neighbors, Have neighborhood watch here, Drone are very common, aircrafts are busy bc of the hospital, quiet and nice neighborhoods, lots of dog walking, unlit streets but very comfortable to live in. - Resident for 26 years."
    0
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  • Klynton K.
    "Close knit neighborhood and watch groups. Great family oriented area. We love the local businesses. Close to the river and far enough away from the freeways. "
    0
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  • Emmat874
    "I have to take the freeway but it’s barely a 20 minute drive so it’s not too bad. I don’t take public transit, but I’ve heard not so great things because of the restrictions."
    9
    Flag
  • Marisa B.
    "If you are near MSJ Hospital it is a nice area. There are dirty, lower grade parts up near El Camino Ave on Fair Oaks. After that it is nice again all along California Ave. Big Houses. River Spots. Lots of options for schools and stores. :)"
    0
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  • Hbb
    "You can choose the schools your children can go to. Open enrollment. Many nice parks and a variety of grocery stores."
    6
    Flag
  • Mary E.
    "There are many different dogs in this area, so no breed is unwelcome. however people usually dont pick up after their dogs."
    5
    Flag
  • Mama2472010
    "There are parks nearby, many with a bathroom of some sort. The schools here are good. There is quick access to grocery stores for the milk you ran out of or something else you need right away. Big club stores aren’t far off either."
    6
    Flag
  • Shaina L.
    "neighbors are nice and care about you. kids play outside and share bikes, scooters ect... nothing is stolen or mistreated."
    0
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  • Trulia User
    "my neighbors are respectful and friendly. grocery stores are reachable and I can walk to the shops. I can walk my dog to the neighborhood and the walkways have enough light. only the road are old and most parts needed to be repair. over all I like this area because of security and closeness to the grocery stores. "
    4
    Flag
  • Vincent I. S.
    "Great community with small owned business and commercial shopping opportunities. Generally nice people who have grown up in the area or enjoy it enough to settle down here. Private community feeling."
    1
    Flag
  • Duraid J.
    "Very good neighborhood and very quiet at all the time. The Omni Dr community part is very clean and quite."
    0
    Flag
  • Shastabear72
    "People in this area are very friendly and to great area to live everybody respects and picks up after the dog"
    0
    Flag
  • Madeleine C.
    "This area is close to the places that my husband and I need to go. Grocery store down the road and I think it will be good for kids to grow up in."
    1
    Flag
  • Lorelai_09
    "That Carmichael is a great neighborhood for our kids and also to live in. It’s a nice little rural city"
    1
    Flag
  • Lorelai_09
    "I love this neighborhood because of the memories that was created in my childhood. The neighbors ate kind and polite. There’s a river and golf course right next to us. "
    0
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  • Nicole W.
    "I've lived in this neighborhood for 7 years now but it's a hit and miss for the good and bad areas of carmichael, so just choose the location wisely."
    0
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  • Iam01pbm
    "Good family neighborhood. Nice farmers market. Old established neighborhoods, not a bunch of new cookie cutters."
    0
    Flag
  • Emc0216
    "Lots of dogs in our neighborhood, and friendly neighbors. although I don’t have a dog so I’m not sure where the nearest off-leash dog park is. "
    0
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  • Just4me916
    "There are many schools and parks in the neighborhood. Established trees. It’s very beautiful here. Hospital, urgent care facilities. And shopping. "
    0
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  • Erik O.
    "Carmichael is a diverse community filled with a variety of different types of homes and businesses. The people are great and the area is fantastic for raising a family. "
    0
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  • Bill S.
    "Farmers market ... music in the park ... food trucks in the park. Weekend car club at the local grocery store. "
    1
    Flag
  • Shirley N.
    "very quiet friendly affordable and close to shops food and bus line there are also plenty of gas stations tire shops car washes nail shops auto shops gyms nice schools"
    1
    Flag
  • Shastabear72
    "You can walk your dog to and around the nearby park. The nearby grade school middle school and high school are great also"
    1
    Flag
  • Tiffany E.
    "great place to rise children great community.enjoy doing community events with children and family and friends."
    2
    Flag
  • Elisheba
    "Great community and I enjoy living here. Lots of retired people. Although, I would love to see more parks. "
    0
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  • Jacksjean
    "Farmers markets, special events for the entire family, small town feel while still having city stores and large country lots."
    1
    Flag
  • Jacqueline F.
    "I enjoy walking my dog on quiet neighborhood streets that have little or no traffic. Other pet owners get to know you and your dog too. Local dog walking service available too. "
    1
    Flag
  • Jacqueline F.
    "Rural feel during walks. Nature parks close by and many of pet owners. Big yards for animals to roam - 60’s style. "
    0
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  • Mylenemai15
    "marathons that go on once a year that make it difficult to commute and prevents u to leave your house. They have to close off all of fair oaks and part of sunrise. prevents access to sunrise marketplace. "
    0
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  • trotter1
    "It’s pretty. Parks and wildlife... bike path next to the river. Walking trails and horseback trails "
    0
    Flag
  • C.jackson6449
    "Crafts, farmers markets, parades, school functions, sporting events, multiple restaurants, all priced shopping centers"
    0
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3232 Panama Ave, Carmichael, CA 95608 is a 4 bedroom, 2 bathroom, 1,800 sqft multi-family built in 1950. This property is not currently available for sale. 3232 Panama Ave was last sold on Nov 24, 2015 for $256,500. The current Trulia Estimate for 3232 Panama Ave is $558,500.