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Property profile & analytics
OFF-MARKET
Estimated value
$1,225,000
Garden apartment buildings
5519 Marconi Ave Carmichael, CA 95608-4409
Entity Owned
4-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US09-3357059
Property profile
Verified
Property type
Garden apartment buildings
Use group
GARDEN APT, COURT APT (5+ UNITS)
Year built
1952
Construction
WOOD
Total area
6,547 SF
Lot
0.54 ac (23,600 SF)
Zoning code
RD-40
APN
272-0150-006-0000
UPID
US09-3357059
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
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$1.35M
CAP Approach
CAP
$1.35M
Comparable Approach
Comparable
$805k
Blend (final)
Blend
$1.23M
Owner & transaction history
Marcrest LLC · 4 yrs held
Marcrest LLC
since 2021
Last sale
$1.1M
6 recorded transactions
Zoning & alternative use
RD-40 · Carmichael, CA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Office building
$1.7M
+3.4%
Medical building
$1.7M
+0.9%
Auto repair, garage
$1.7M
+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
$1,280,000
ML approach
$1,350,000
CAP Approach
CAP Return
Estimation
6%
$1,455,000
6.5%
$1,345,000
7%
$1,250,000
Alternative Use
Use
Estimation
APARTMENT HOUSE (5+ UNITS)
$1,690,000
Current use
OFFICE BUILDING
$1,745,000
Change: +3% · Conversion: Moderate
MEDICAL BUILDING
$1,705,000
Change: +1% · Conversion: Moderate
AUTO REPAIR, GARAGE
$1,690,000
Change: +0% · Conversion: Difficult
COMMERCIAL (GENERAL)
$1,530,000
Change: -9% · Conversion: Moderate
INDUSTRIAL (GENERAL)
$1,365,000
Change: -19% · Conversion: Difficult
Blend value · Realmo final
$1.23M
Range $1.10M – $1.35M · ±10% · vs last sale $1.08M (Dec 16 2021)
Last sale anchor
$1.08M
Dec 16 2021
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
$187 / 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
$13,796
Tax year 2024
Assessed value
$1,140,798
Assessed 2024
Previous assessed
$1,140,798
+0.0% YoY
Effective rate
1.21%
On assessed value
Assessed land
$191,017
Assessed improvement
$949,781
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
Garden apartment buildings
Use group
GARDEN APT, COURT APT (5+ UNITS)
Status
Off-Market
Year built
1952
Construction
WOOD
Heating
NONE
Buildings
2
Stories
1
Units
6
Total area
6,547 SF
Lot
0.54 ac (23,600 SF)
Zoning code
RD-40
APN
272-0150-006-0000
UPID
US09-3357059
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
$1.7M
OFFICE BUILDING
Est. value
$1.7M
MEDICAL BUILDING
Est. value
$1.7M
AUTO REPAIR, GARAGE
Est. value
$1.7M
COMMERCIAL (GENERAL)
Est. value
$1.5M
INDUSTRIAL (GENERAL)
Est. value
$1.4M
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
1952
Construction
WOOD
Heating
NONE
Stories
1
Buildings
2
Units
6
Lot
0.54 ac
Current owner
From public records · entity-resolved
Marcrest LLC
Entity
Mailing address
920 RESERVE DR STE #190, ROSEVILLE, CA 95678-1382
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2021
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
6 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Dec 16, 2021
—
Marcrest LLC
Myrtle Oaks Arc LLC
Intrafamily Transfer
related
—
Nov 30, 2021
—
Myrtle Oaks Arc LLC
White Peachtree LLC
Intrafamily Transfer
related
—
Dec 30, 2020
$1,075,000
White Peachtree LLC
Sandeep Gupta
Grant Deed
—
Oct 14, 2016
$490,000
Sandeep Gupta
Unruh,harold
Grant Deed
—
Oct 14, 2016
—
Sandeep Gupta
Garg,shuchi
Quit Claim Deed
related
—
Jun 6, 1996
$305,000
Harold Unruh
Hencken Trust
Grant Deed
$251,500 · Seller
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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