New search
Property profile & analytics
OFF-MARKET
Estimated value
$4,365,000
Apartment buildings
5307 El Camino Ave Carmichael, CA 95608-5191
Entity Owned
13-yr Hold
Absentee Owner
Property ID
US10-2586293
Property profile
Verified
Property type
Apartment buildings
Use group
APARTMENT HOUSE (5+ UNITS)
Year built
1989
Construction
WOOD
Total area
28,700 SF
Lot
1.71 ac (74,487 SF)
Zoning code
RD-20
APN
272-0300-028-0000
UPID
US10-2586293
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
-
Gunn Road Commons Apartment Building
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$5.90M
Comparable Approach
Comparable
$2.77M
Blend (final)
Blend
$4.37M
Owner & transaction history
Hess Land Company INC · 13 yrs held
Hess Land Company INC
since 2012
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%
$6,385,000
6.5%
$5,895,000
7%
$5,475,000
Alternative Use
Use
Estimation
COMMERCIAL (GENERAL)
$6,705,000
Change: -9% · Conversion: Moderate
INDUSTRIAL (GENERAL)
$5,990,000
Change: -19% · Conversion: Difficult
Blend value · Realmo final
$4.37M
Range $3.93M – $4.80M · ±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
$152 / 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
$47,515
Tax year 2024
Assessed value
$3,924,765
Assessed 2024
Previous assessed
$3,924,765
+0.0% YoY
Effective rate
1.21%
On assessed value
Assessed land
$1,136,255
Assessed improvement
$2,788,510
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
1989
Construction
WOOD
Heating
NONE
Buildings
2
Stories
2
Units
34
Total area
28,700 SF
Lot
1.71 ac (74,487 SF)
Zoning code
RD-20
APN
272-0300-028-0000
UPID
US10-2586293
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
$6.0M
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
1989
Construction
WOOD
Heating
NONE
Stories
2
Buildings
2
Units
34
Lot
1.71 ac
Current owner
From public records · entity-resolved
Hess Land Company INC
Entity
Mailing address
3368 OSELOT WAY, RANCHO CORDOVA, CA 95670-6981
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2012
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
13 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Sep 4, 2024
—
Hess Land Company INC
—
Deed
related
$100,000 · Jpmorgan Chase Bank NA
Jun 21, 2017
—
Hess Land Co INC
—
Deed
related
$1,200,000 · Jp Morgan Chase Bk
Aug 10, 2012
—
Hess Land Company INC
Hess Land Company INC
Grant Deed
related
$1,470,000 · Jpmorgan Chase Bank NA
Jul 17, 2008
—
Hess Department Store INC
Irv H Lichtenwald
Grant Deed
$1,550,000 · Washington Mutual Bank
Jun 2, 2000
$610,000
Lichtenwald Trust
Pilkington,chris E
Grant Deed
—
Aug 25, 1993
$2,100,000
Chris E Pilkington
J & B Investment
Grant Deed
$1,575,000 · American Savings Bank
Jul 5, 1989
—
J Inv
Oglesby Poulton
Grant Deed
related
—
Jul 18, 1988
$323,000
Poulton O'glesby
Deferred Holding
Grant Deed
$1,230,000 · Commerce Saving Bank
Jul 18, 1988
$183,000
Deferred Holding
Dibari Charles S
Trustees Deed
related
—
—
—
J Inv
—
Deed Of Trust
related
$100,000 · Individual
—
—
Hess Land Co INC
—
Deed Of Trust
related
$1,200,000 · Jp Morgan Chase Bk
—
—
Lichtenwald,tr
—
Deed Of Trust
related
$2,137,500 · West American Capital LP
—
—
Lichtenwald Irv H Trust
—
Deed Of Trust
related
$300,000 · Donig Marshall R & F A (te)
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.
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 5307 El Camino Ave?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
List this address →
Full reports are paid
Unlock the full Property Analytics report
Start free for 7 days — no card required. Full owner contacts, all 4 valuations with methodology, refine flow, comparable adjustments, foot-traffic deep dive, export to PDF / CSV.
