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Property profile & analytics
OFF-MARKET
Estimated value
$790,000
Apartment buildings
5729 Engle Rd Carmichael, CA 95608-2330
Individually Owned
8-yr Hold
Property ID
US09-0176614
Property profile
Verified
Property type
Apartment buildings
Use group
APARTMENT HOUSE (5+ UNITS)
Year built
1979
Construction
WOOD
Total area
7,886 SF
Lot
0.45 ac (19,602 SF)
Zoning code
RD-5
APN
258-0080-006-0000
UPID
US09-0176614
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
by Request
CAP Approach
CAP
$1.62M
Comparable Approach
Comparable
$980k
Blend (final)
Blend
$790k
Owner & transaction history
M Golpa · 8 yrs held
M Golpa
since 2018
7 recorded transactions
Zoning & alternative use
RD-5 · Carmichael, CA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Office building
$2.1M
+3.4%
Medical building
$2.1M
+0.9%
Auto repair, garage
$2.0M
+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%
$1,755,000
6.5%
$1,620,000
7%
$1,505,000
Alternative Use
Use
Estimation
APARTMENT HOUSE (5+ UNITS)
$2,035,000
Current use
OFFICE BUILDING
$2,105,000
Change: +3% · Conversion: Moderate
MEDICAL BUILDING
$2,055,000
Change: +1% · Conversion: Moderate
AUTO REPAIR, GARAGE
$2,035,000
Change: +0% · Conversion: Difficult
COMMERCIAL (GENERAL)
$1,840,000
Change: -9% · Conversion: Moderate
INDUSTRIAL (GENERAL)
$1,645,000
Change: -19% · Conversion: Difficult
Blend value · Realmo final
$790k
Range $711k – $869k · ±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
$100 / 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
$17,039
Tax year 2024
Assessed value
$1,388,926
Assessed 2024
Previous assessed
$1,388,926
+0.0% YoY
Effective rate
1.23%
On assessed value
Assessed land
$180,449
Assessed improvement
$1,208,477
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
1979
Construction
WOOD
Heating
NONE
Buildings
2
Stories
2
Units
11
Total area
7,886 SF
Lot
0.45 ac (19,602 SF)
Zoning code
RD-5
APN
258-0080-006-0000
UPID
US09-0176614
Jurisdiction
SACRAMENTO
Zoning & alternative use
RD-5 · Carmichael, CAZoning RD-5 · permitted uses
RD-5 · Carmichael, CA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Alternative use value scenarios
Repositioning upside vs current use
APARTMENT HOUSE (5+ UNITS) Current
Est. value
$2.0M
OFFICE BUILDING
Est. value
$2.1M
MEDICAL BUILDING
Est. value
$2.1M
AUTO REPAIR, GARAGE
Est. value
$2.0M
COMMERCIAL (GENERAL)
Est. value
$1.8M
INDUSTRIAL (GENERAL)
Est. value
$1.6M
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
1979
Construction
WOOD
Heating
NONE
Stories
2
Buildings
2
Units
11
Lot
0.45 ac
Current owner
From public records · entity-resolved
M Golpa
Individual
Mailing address
PO BOX 1873, ORINDA, CA 94563-6873
Ownership since
2018
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
12 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Sep 21, 2021
—
Mark Golpa
—
Deed
related
$1,000,000 · Fremont Bank
Jul 31, 2018
$1,270,000
M Golpa
Mcneal Family Living Trust
Grant Deed
—
Mar 28, 2005
—
Lynn Mcneal
Stephen L Gutierrez
Grant Deed
$660,000 · Washington Mutual Bank
Aug 15, 2003
$800,000
Stephen L Gutierrez
Dougan,gary L
Grant Deed
$250,000 · Washington Mutual Fsb
Dec 31, 2001
$675,000
Gary L Dougan
Miller,jeffrey A & Beryl J
Grant Deed
$320,000 · Washington Mutual Fsb
Apr 27, 1999
$455,000
Jeffrey A Miller
Sihp Investments LLC
Grant Deed
$333,750 · Placer Savings Bank
Jun 1, 1998
$300,000
Ship Investment LLC
Rnb Real Estates Corp
Grant Deed
$382,500 · Sierrawest Bank
May 7, 1997
$292,000
Fnb Real Estate Corp
Sacramento Quail Vista Assocs
Trustees Deed
—
Nov 5, 1993
—
Greens Apartments
Oettle Trust
Trustees Deed
related
—
Nov 5, 1993
$344,500
Sacramento Quail Vista Assoc
Greens Apartment
Trustees Deed
related
—
—
—
Gary L Dougan
—
Deed Of Trust
related
$457,000 · Washington Mutual Fsb
—
—
Sacramento Quail Vista Assoc
—
Deed Of Trust
related
$15,700 · Us Small Business Admn
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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