New search
Property profile & analytics
OFF-MARKET
Estimated value
$9,140,000
Apartment buildings
5801 Winding Way Carmichael, CA 95608-1326
Entity Owned
5-yr Hold
Absentee Owner
Property ID
US10-2983761
Property profile
Verified
Property type
Apartment buildings
Use group
APARTMENT HOUSE (5+ UNITS)
Year built
1966
Construction
WOOD
Total area
58,817 SF
Lot
2.34 ac (101,930 SF)
Zoning code
LC RD-40
APN
230-0132-007-0000
UPID
US10-2983761
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
-
Winding Way Apartments Apartment Building
-
Sargis IT Support & Consulting Tech Support Center (Bike/Boat/Book/etc) Store
-
CVK Investments LLC Real Estate Agency
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$10.21M
CAP Approach
CAP
$12.08M
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$9.14M
Owner & transaction history
Winding Way Family LLC · 5 yrs held
Winding Way Family LLC
since 2021
Last sale
$6.3M
7 recorded transactions
Zoning & alternative use
LC RD-40 · Carmichael, CA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Auto repair, garage
$15.2M
+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
$9,990,000
ML approach
$10,205,000
CAP Approach
CAP Return
Estimation
6%
$13,085,000
6.5%
$12,080,000
7%
$11,215,000
Alternative Use
Use
Estimation
APARTMENT HOUSE (5+ UNITS)
$15,170,000
Current use
AUTO REPAIR, GARAGE
$15,185,000
Change: +0% · Conversion: Difficult
COMMERCIAL (GENERAL)
$13,740,000
Change: -9% · Conversion: Moderate
INDUSTRIAL (GENERAL)
$12,270,000
Change: -19% · Conversion: Difficult
Blend value · Realmo final
$9.14M
Range $8.23M – $10.05M · ±10% · vs last sale $6.30M (Feb 19 2021)
Last sale anchor
$6.30M
Feb 19 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
$155 / 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
$90,622
Tax year 2024
Assessed value
$7,311,684
Assessed 2024
Previous assessed
$7,311,684
+0.0% YoY
Effective rate
1.24%
On assessed value
Assessed land
$1,270,838
Assessed improvement
$6,040,846
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
1966
Construction
WOOD
Heating
NONE
Buildings
2
Stories
2
Units
73
Total area
58,817 SF
Lot
2.34 ac (101,930 SF)
Zoning code
LC RD-40
APN
230-0132-007-0000
UPID
US10-2983761
Jurisdiction
SACRAMENTO
Zoning & alternative use
LC RD-40 · Carmichael, CA
Zoning LC RD-40 · permitted uses
LC 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
$15.2M
AUTO REPAIR, GARAGE
Est. value
$15.2M
COMMERCIAL (GENERAL)
Est. value
$13.7M
INDUSTRIAL (GENERAL)
Est. value
$12.3M
APARTMENT HOUSE (5+ UNITS) Current
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
1966
Construction
WOOD
Heating
NONE
Stories
2
Buildings
2
Units
73
Lot
2.34 ac
Current owner
From public records · entity-resolved
Winding Way Family LLC
Entity
Mailing address
2816 SHANTAR DR, COSTA MESA, CA 92626-3539
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
16 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Feb 19, 2021
—
Winding Way Family LLC
Louis G Feinstein
Quit Claim Deed
related
$5,000,000 · Morgan Stanley Bank NA
Jun 24, 2016
$6,300,000
Zelma Feinstein
Cypress Apartment Investors LLC
Grant Deed
$4,095,000 · Jpmorgan Chase Bank NA
Dec 27, 2013
—
Cypress Apartment Investors LLC
Mohinder K Sanwal
Grant Deed
$4,054,300 · Farmers & Merchants Bank Of Central
Aug 22, 2007
—
Mohinder K Sanwal
Mohinder K Sanwal
Intrafamily Transfer
related
$4,912,500 · Washington Mutual Bank
Apr 11, 2005
—
Mohinder K Sanwal
Mark Cunningham
Grant Deed
$4,612,500 · Washington Mutual Bank
Dec 3, 2002
$2,567,500
Mark Cunningham
Cp/hilltop Ltd
Grant Deed
$122,268 · Marcus Garvey
Dec 3, 2002
—
Mark Cunnigham
Klein,judith
Grant Deed
related
—
Nov 20, 1995
$12,000
Cp/hilltop Ltd
Oakes,george P & Christene M
Grant Deed
related
—
Dec 13, 1991
$1,015,500
Oakes George P
Martino,dennis P
Grant Deed
related
$515,399 · Lombard Exchange
—
—
George P Oakes
—
Deed Of Trust
related
$21,466 · Individual
—
—
George P Oakes
—
Deed Of Trust
related
$6,901 · Individual
—
—
Oakes George P
—
Deed Of Trust
related
$29,740 · Individual
—
—
Oakes George P
—
Deed Of Trust
related
$29,740 · Individual
—
—
George P Oakes
—
Deed Of Trust
related
$21,466 · Individual
—
—
Mark Cunningham
—
Deed Of Trust
related
$2,812,500 · Washington Mutual Fsb
—
—
Cp/hilltop Ltd
—
Deed Of Trust
related
$150,000 · Eash Trust
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 5801 Winding Way?
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.
