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Property profile & analytics
OFF-MARKET
Estimated value
$5,730,000
Apartment buildings
5241 Marconi Ave Carmichael, CA 95608-4382
Entity Owned
1-yr Hold
Absentee Owner
Property ID
US10-3229363
Property profile
Verified
Property type
Apartment buildings
Use group
APARTMENT HOUSE (5+ UNITS)
Year built
1967
Construction
WOOD
Total area
35,887 SF
Lot
1.72 ac (74,923 SF)
Zoning code
RD-40
APN
272-0130-034-0000
UPID
US10-3229363
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
-
Villa Serrano Apartments Apartment Building
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$7.37M
Comparable Approach
Comparable
$3.82M
Blend (final)
Blend
$5.73M
Owner & transaction history
Serrano43 LLC · 1 yrs held
Serrano43 LLC
since 2025
7 recorded transactions
Zoning & alternative use
RD-40 · Carmichael, CA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Medical building
$9.3M
+0.9%
Auto repair, garage
$9.3M
+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
by Request
CAP Approach
CAP Return
Estimation
6%
$7,985,000
6.5%
$7,370,000
7%
$6,845,000
Alternative Use
Use
Estimation
APARTMENT HOUSE (5+ UNITS)
$9,255,000
Current use
MEDICAL BUILDING
$9,345,000
Change: +1% · Conversion: Moderate
AUTO REPAIR, GARAGE
$9,265,000
Change: +0% · Conversion: Difficult
COMMERCIAL (GENERAL)
$8,385,000
Change: -9% · Conversion: Moderate
INDUSTRIAL (GENERAL)
$7,485,000
Change: -19% · Conversion: Difficult
Blend value · Realmo final
$5.73M
Range $5.16M – $6.30M · ±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
$160 / 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
$65,332
Tax year 2024
Assessed value
$5,410,262
Assessed 2024
Previous assessed
$5,410,262
+0.0% YoY
Effective rate
1.21%
On assessed value
Assessed land
$624,688
Assessed improvement
$4,785,574
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
1967
Construction
WOOD
Heating
NONE
Buildings
2
Stories
2
Units
43
Total area
35,887 SF
Lot
1.72 ac (74,923 SF)
Zoning code
RD-40
APN
272-0130-034-0000
UPID
US10-3229363
Jurisdiction
SACRAMENTO
Zoning & alternative use
RD-40 · Carmichael, CA
Zoning RD-40 · permitted uses
RD-40 · 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
$9.3M
MEDICAL BUILDING
Est. value
$9.3M
AUTO REPAIR, GARAGE
Est. value
$9.3M
COMMERCIAL (GENERAL)
Est. value
$8.4M
INDUSTRIAL (GENERAL)
Est. value
$7.5M
APARTMENT HOUSE (5+ UNITS) Current
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
1967
Construction
WOOD
Heating
NONE
Stories
2
Buildings
2
Units
43
Lot
1.72 ac
Current owner
From public records · entity-resolved
Serrano43 LLC
Entity
Mailing address
7514 GIRARD AVE STE #1, LA JOLLA, CA 92037-5199
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2025
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
14 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jul 3, 2025
$7,200,000
Serrano43 LLC
Famort INC
Grant Deed
$250,000 · Jpmorgan Chase Bank NA
Nov 10, 2020
—
Famort INC
—
Deed
related
$3,200,000 · Umpqua Bk
Oct 20, 2017
$4,850,000
Famort INC
Abbys Investments LLC
Grant Deed
$2,372,000 · Jp Morgan Chase Bk
Feb 13, 2015
$3,265,000
Abbys Investments LLC
140 Lathrop Road LLC
Grant Deed
$2,426,250 · Jpmorgan Chase Bank NA
Mar 14, 2006
$3,956,000
140 Lathrop Road LLC
Wayne Wacker
Grant Deed
$2,490,000 · Washington Mutual Bank
Nov 1, 2002
$3,250,000
Wacker,tr
Cunningham,mark
Grant Deed
$2,085,000 · Washington Mutual Fsb
May 29, 2002
—
Mark Cunningham
Klein,judith
Grant Deed
related
—
May 18, 1999
$1,200,000
Casa Marconi LP
Liu Associates Of Sacramento
Grant Deed
$1,500,000 · First Bank California
Dec 6, 1995
$1,200,000
Liu Associates Sacramento
American Savings Bank
Grant Deed
$960,000 · American Savings Bank
Mar 21, 1995
$883,806
American Savings Bank
Schwartz,michael L & Sylvia
Trustees Deed
related
—
Nov 14, 1990
$1,780,000
Schwartz Michael
Casa Marconi Inv
Grant Deed
$1,270,000 · American Savings Bank
—
—
Michael Schwartz
—
Deed Of Trust
related
—
—
—
Casa Marconi LP
—
Deed Of Trust
related
$1,650,000 · California Federal Bank
—
—
Famort INC
—
Deed Of Trust
related
$3,200,000 · Umpqua Bk
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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