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Property profile & analytics
OFF-MARKET
Estimated value
$12,520,000
Apartment buildings
4247 Hackberry Ln Carmichael, CA 95608-1334
Entity Owned
5-yr Hold
Absentee Owner
Property ID
US10-3150260
Property profile
Verified
Property type
Apartment buildings
Use group
APARTMENT HOUSE (5+ UNITS)
Year built
1977
Construction
WOOD
Total area
77,472 SF
Lot
3.43 ac (149,410 SF)
Zoning code
RD-20
APN
230-0221-016-0000
UPID
US10-3150260
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
-
ReNew 4247 Apartment Building Apartment Rental Agency
-
Carmichael Waste Management Facility
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$13.03M
CAP Approach
CAP
$15.91M
Comparable Approach
Comparable
$9.17M
Blend (final)
Blend
$12.52M
Owner & transaction history
Va7 Carmichael Gardens LLC · 5 yrs held
Va7 Carmichael Gardens LLC
since 2021
Last sale
$12.3M
7 recorded transactions
Zoning & alternative use
RD-20 · Carmichael, CA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Office building
$20.7M
+3.4%
Medical building
$20.2M
+0.9%
Auto repair, garage
$20.0M
+0.1%
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Carmichael submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Carmichael submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
Method
Estimation
Statistic approach
by Request
ML approach
$13,030,000
CAP Approach
CAP Return
Estimation
6%
$17,235,000
6.5%
$15,910,000
7%
$14,775,000
Alternative Use
Use
Estimation
APARTMENT HOUSE (5+ UNITS)
$19,985,000
Current use
OFFICE BUILDING
$20,665,000
Change: +3% · Conversion: Moderate
MEDICAL BUILDING
$20,170,000
Change: +1% · Conversion: Moderate
AUTO REPAIR, GARAGE
$20,005,000
Change: +0% · Conversion: Difficult
COMMERCIAL (GENERAL)
$18,095,000
Change: -9% · Conversion: Moderate
INDUSTRIAL (GENERAL)
$16,165,000
Change: -19% · Conversion: Difficult
Blend value · Realmo final
$12.52M
Range $11.27M – $13.77M · ±10% · vs last sale $12.25M (Apr 19 2021)
Last sale anchor
$12.25M
Apr 19 2021
Realmo estimate · informational only.
These numbers are calculated by our models from public records and may not reflect actual market value.
Not an appraisal.
Verify with a licensed appraiser before transacting. Realmo accepts no liability for divergence from real-world outcomes.
View the full estimation — every method, every assumption
Confidence drivers & risk notes · Custom comparable set · Free for first 3 / day
Full estimation methodology
Every method · every assumption · confidence drivers
Price per SF
Sale + rent benchmarks
Subject property
$162 / SF
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2024Property tax & assessments
Tax year 2024
Tax billed
$156,296
Tax year 2024
Assessed value
$12,999,797
Assessed 2024
Previous assessed
$12,999,797
+0.0% YoY
Effective rate
1.20%
On assessed value
Assessed land
$2,228,536
Assessed improvement
$10,771,261
Applied tax rate
54.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Apartment buildings
Use group
APARTMENT HOUSE (5+ UNITS)
Status
Off-Market
Year built
1977
Construction
WOOD
Heating
NONE
Buildings
2
Stories
2
Units
84
Total area
77,472 SF
Lot
3.43 ac (149,410 SF)
Zoning code
RD-20
APN
230-0221-016-0000
UPID
US10-3150260
Jurisdiction
SACRAMENTO
Zoning & alternative use
RD-20 · Carmichael, CA
Zoning RD-20 · permitted uses
RD-20 · Carmichael, CA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Carmichael. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
APARTMENT HOUSE (5+ UNITS) Current
Est. value
$20.0M
OFFICE BUILDING
Est. value
$20.7M
MEDICAL BUILDING
Est. value
$20.2M
AUTO REPAIR, GARAGE
Est. value
$20.0M
COMMERCIAL (GENERAL)
Est. value
$18.1M
INDUSTRIAL (GENERAL)
Est. value
$16.2M
APARTMENT HOUSE (5+ UNITS) Current
OFFICE BUILDING
MEDICAL BUILDING
AUTO REPAIR, GARAGE
COMMERCIAL (GENERAL)
INDUSTRIAL (GENERAL)
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
1977
Construction
WOOD
Heating
NONE
Stories
2
Buildings
2
Units
84
Lot
3.43 ac
Current owner
From public records · entity-resolved
Va7 Carmichael Gardens LLC
Entity
Mailing address
6191 N STATE HWY 161ST DR STE #100, IRVING, TX 75038-2290
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2021
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
15 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Apr 19, 2021
$12,250,000
Va7 Carmichael Gardens LLC
River Brich LP
Grant Deed
$9,707,000 · Berkadia Commercial Mortgage LLC
Apr 16, 2021
—
Yellow Poplat LP
Julian L Delgado
Grant Deed
—
Apr 16, 2021
$213,000
Lefever Mattson
Stephen J Lemley
Grant Deed
—
Nov 27, 2018
—
Guilford,thomas & D 2018 Trust
Guilford,thomas J & Debbie J
Quit Claim Deed
related
—
Jan 10, 2017
$210,500
Lefever Mattson INC
Miller,scott
Grant Deed
—
Feb 5, 2013
—
Chin & Chan Family Trust
Chin,richard K
Quit Claim Deed
related
—
Apr 20, 2011
—
Vieira Alfred & C Living Trust
Vieira,alfred A & Claudia D
Quit Claim Deed
related
—
Mar 4, 2008
—
Mihelich Family Trust
Mihelich,frank R & Rosemarie
Quit Claim Deed
related
—
Sep 6, 2007
$75,000
Lefever Mattson INC
Marlette,ronald G & Jennifer L
Grant Deed
—
Aug 16, 2006
$392,000
Suhonos Family Trust
Lefever-mattson INC
Grant Deed
—
Mar 2, 2006
—
Kent Zboray
Zboray,lydia R
Quit Claim Deed
related
—
Feb 27, 2006
—
Scott E Miller
Miller,karyn
Quit Claim Deed
related
—
Feb 27, 2006
$7,400,000
Maximo Barela
Carmichael Gardens LLC
Grant Deed
—
—
—
Hackberry Inv
—
Deed Of Trust
related
$950,000 · Carmichael Secur
—
—
Hackberry Inv
—
Deed Of Trust
related
$350,000 · Hackberry Secure
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
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