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Property profile & analytics
OFF-MARKET
Estimated value
$6,220,000
Apartment buildings
5155 Arden Way Carmichael, CA 95608-6041
Individually Owned
3-yr Hold
Absentee Owner
Property ID
US09-0598393
Property profile
Verified
Property type
Apartment buildings
Use group
APARTMENT HOUSE (5+ UNITS)
Year built
1973
Construction
WOOD
Total area
26,287 SF
Lot
1.02 ac (44,431 SF)
Zoning code
RD-20
APN
283-0252-005-0000
UPID
US09-0598393
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
-
Arden Oaks Apartments Apartment Building
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$6.08M
CAP Approach
CAP
$5.40M
Comparable Approach
Comparable
$4.26M
Blend (final)
Blend
$6.22M
Owner & transaction history
Professional Orthopedic & Sports Ca · 3 yrs held
Professional Orthopedic & Sports Ca
since 2023
Last sale
$6.8M
7 recorded transactions
Zoning & alternative use
RD-20 · Carmichael, CA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Office building
$7.0M
+3.4%
Medical building
$6.8M
+0.9%
Auto repair, garage
$6.8M
+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
$6,035,000
ML approach
$6,075,000
CAP Approach
CAP Return
Estimation
6%
$5,850,000
6.5%
$5,400,000
7%
$5,015,000
Alternative Use
Use
Estimation
APARTMENT HOUSE (5+ UNITS)
$6,780,000
Current use
OFFICE BUILDING
$7,015,000
Change: +3% · Conversion: Moderate
MEDICAL BUILDING
$6,845,000
Change: +1% · Conversion: Moderate
AUTO REPAIR, GARAGE
$6,785,000
Change: +0% · Conversion: Difficult
COMMERCIAL (GENERAL)
$6,140,000
Change: -9% · Conversion: Moderate
INDUSTRIAL (GENERAL)
$5,485,000
Change: -19% · Conversion: Difficult
Blend value · Realmo final
$6.22M
Range $5.60M – $6.84M · ±10% · vs last sale $6.80M (Jan 20 2023)
Last sale anchor
$6.80M
Jan 20 2023
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
$237 / 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
$83,674
Tax year 2024
Assessed value
$6,936,000
Assessed 2024
Previous assessed
$6,936,000
+0.0% YoY
Effective rate
1.21%
On assessed value
Assessed land
$958,800
Assessed improvement
$5,977,200
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
1973
Construction
WOOD
Heating
NONE
Buildings
2
Stories
2
Units
36
Total area
26,287 SF
Lot
1.02 ac (44,431 SF)
Zoning code
RD-20
APN
283-0252-005-0000
UPID
US09-0598393
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
$6.8M
OFFICE BUILDING
Est. value
$7.0M
MEDICAL BUILDING
Est. value
$6.8M
AUTO REPAIR, GARAGE
Est. value
$6.8M
COMMERCIAL (GENERAL)
Est. value
$6.1M
INDUSTRIAL (GENERAL)
Est. value
$5.5M
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
1973
Construction
WOOD
Heating
NONE
Stories
2
Buildings
2
Units
36
Lot
1.02 ac
Current owner
From public records · entity-resolved
Professional Orthopedic & Sports Ca
Individual
Mailing address
830 5TH AVE, SAN RAFAEL, CA 94901-3254
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2023
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
9 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jan 26, 2023
—
Professional Orthopedic & Sports Ca
Professional Orthopedic & Sports Ca
Correction Deed
related
—
Jan 20, 2023
$6,800,000
Meridian Sports Club Fullerton LLC
James P Caplis
Grant Deed
$4,420,000 · Caplis Family Trust
Nov 19, 2019
—
Caplis Family Trust
Caplis Family Trust
Quit Claim Deed
related
$1,310,000 · Jp Morgan Chase Bk
Mar 19, 2018
—
Caplis Family Trust
Caplis,james P
Quit Claim Deed
related
—
Mar 13, 2018
$1,650,000
James P Caplis
Caplis John M
Quit Claim Deed
related
—
Feb 16, 2018
—
John M Caplis
Capro LLC
Quit Claim Deed
related
—
Mar 1, 2012
—
Capro LLC
Silpac
Grant Deed
$1,300,000 · Jpmorgan Chase Bank NA
May 7, 1999
$1,255,000
Sipac
Gelberd,howard & Sarah F
Grant Deed
$920,000 · Financial Inst Partners Mtg
Dec 21, 1989
$438,000
Gelberb Howard
Magwili Domingo
Grant Deed
related
$163,000 · Magwili Domingo
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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