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Property profile & analytics
OFF-MARKET
Estimated value
$4,080,000
Apartment buildings
5151 Arden Way Carmichael, CA 95608-6037
Individually Owned
9-yr Hold
Absentee Owner
Property ID
US10-2983760
Property profile
Verified
Property type
Apartment buildings
Use group
APARTMENT HOUSE (5+ UNITS)
Year built
1971
Construction
WOOD
Total area
28,476 SF
Lot
1.41 ac (61,419 SF)
Zoning code
RD-20
APN
283-0252-004-0000
UPID
US10-2983760
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
-
Hacienda Del Sol Apartments Apartment Building
-
Bottle It Hydration Big Box & Wholesale Store
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$2.47M
Blend (final)
Blend
$4.08M
Owner & transaction history
Bruce Hester · 9 yrs held
Bruce Hester
since 2016
7 recorded transactions
Zoning & alternative use
RD-20 · Carmichael, CA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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
by Request
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
COMMERCIAL (GENERAL)
$6,650,000
Change: -9% · Conversion: Moderate
INDUSTRIAL (GENERAL)
$5,940,000
Change: -19% · Conversion: Difficult
Blend value · Realmo final
$4.08M
Range $3.67M – $4.49M · ±10%
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
$143 / 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
$42,311
Tax year 2024
Assessed value
$3,504,557
Assessed 2024
Previous assessed
$3,504,557
+0.0% YoY
Effective rate
1.21%
On assessed value
Assessed land
$886,224
Assessed improvement
$2,618,333
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
1971
Construction
WOOD
Heating
NONE
Buildings
2
Stories
2
Units
30
Total area
28,476 SF
Lot
1.41 ac (61,419 SF)
Zoning code
RD-20
APN
283-0252-004-0000
UPID
US10-2983760
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
COMMERCIAL (GENERAL)
Est. value
$6.7M
INDUSTRIAL (GENERAL)
Est. value
$5.9M
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
1971
Construction
WOOD
Heating
NONE
Stories
2
Buildings
2
Units
30
Lot
1.41 ac
Current owner
From public records · entity-resolved
Bruce Hester
Individual
Mailing address
4020 WYCOMBE DR, SACRAMENTO, CA 95864-6079
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2016
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
11 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jan 15, 2026
—
The Hester Trust
—
Deed
related
$1,100,000 · Jpmorgan Chase Bank NA
Dec 22, 2016
—
Bruce Hester
Bruce Hester
Intrafamily Transfer
related
$1,500,000 · Jpmorgan Chase Bank NA
Apr 22, 2015
$372,727
Hester Trust
Berger Lauren V Trust
Grant Deed
—
Feb 8, 2013
—
Berger Lauren V Trust
Berger Lauren V Trust
Quit Claim Deed
related
—
Oct 5, 2011
—
Berger Lauren V Trust
Berger Neal & V Trust
Quit Claim Deed
related
—
Jul 25, 2011
—
Hester Trust
Hester,bruce & Elfrena S F
Quit Claim Deed
related
—
Nov 19, 2010
—
Berger Neal & Victoria Trust
Berger N & V 2000 Trust
Quit Claim Deed
related
—
Mar 7, 2007
$75,000
Neal Berger
Eric Allan Long
Individual Deed
—
Dec 6, 2004
—
Bruce Hester
Hester,bruce & Elfrena S F
Quit Claim Deed
related
—
Jul 28, 2004
—
Porto Del Sol Investors
Web Service Co INC
Quit Claim Deed
$2,100,000 · Five Star Bank Natomas
—
—
Porto Del Sol Investors
—
Deed Of Trust
related
$750,000 · Sacramento Savings Bank
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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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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