Property profile

5307 Marconi Ave Carmichael, CA 95608

OFF-MARKET
Apartment buildings
Property ID
US09-3171221
57,536 SF 2.57 ac lot Built 1963
Individually Owned 4-yr Hold Absentee Owner ~ Est. High Equity
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Property profile

Verified
Property type Apartment buildings
Use group APARTMENT HOUSE (5+ UNITS)
Year built 1963
Construction WOOD
Total area 57,536 SF
Lot 2.57 ac (111,949 SF)
Zoning code RD-40
APN 272-0140-001-0000
UPID US09-3171221

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Apartment Complex

Location

5307 Marconi Ave Carmichael, CA 95608-4383
Carmichael metro Census 7701 SACRAMENTO--ARDEN-ARCADE--ROSEVILLE, CA METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$12.11M
CAP Approach CAP
$11.82M
Comparable Approach Comparable
$19.88M
Blend (final) Blend
$25.99M

Owner & transaction history

since 2022
Last sale
$19.0M
7 recorded transactions
2022
Price N/A
2020
Price N/A
2018
$19.0M
2016
$12.5M
2012
$7.0M
2008
Price N/A
2008
Price N/A

Zoning & alternative use

RD-40 · Carmichael, CA
Top alternative use upside
Restaurant $27.1M +82.4%
Office building $15.4M +3.4%
Medical building $15.0M +0.9%

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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