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Property profile & analytics
OFF-MARKET
Estimated value
$5,285,000
Apartment buildings
5914 Stanley Ave Carmichael, CA 95608-3816
Entity Owned
5-yr Hold
Absentee Owner
Property ID
US09-0105779
Property profile
Verified
Property type
Apartment buildings
Use group
APARTMENT HOUSE (5+ UNITS)
Year built
1959
Construction
WOOD
Total area
10,400 SF
Lot
0.71 ac (30,818 SF)
Zoning code
SPA
APN
273-0060-003-0000
UPID
US09-0105779
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
by Request
Comparable Approach
Comparable
$3.59M
Blend (final)
Blend
$5.29M
Owner & transaction history
Redwood Property Investors III LLC · 5 yrs held
Redwood Property Investors III LLC
since 2021
Last sale
$5.7M
7 recorded transactions
Zoning & alternative use
SPA · Carmichael, CA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Neighborhood: shopping center
$7.6M
+183.5%
Restaurant
$4.9M
+82.4%
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%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
NEIGHBORHOOD: SHOPPING CENTER
$7,605,000
Change: +183% · Conversion: Difficult
RESTAURANT
$4,890,000
Change: +82% · Conversion: Difficult
Blend value · Realmo final
$5.29M
Range $4.76M – $5.81M · ±10% · vs last sale $5.68M (Jul 13 2021)
Last sale anchor
$5.68M
Jul 13 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
$508 / 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
$28,939
Tax year 2024
Assessed value
$2,362,748
Assessed 2024
Previous assessed
$2,362,748
+0.0% YoY
Effective rate
1.22%
On assessed value
Assessed land
$416,160
Assessed improvement
$1,946,588
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
1959
Construction
WOOD
Heating
NONE
Buildings
2
Stories
1
Units
40
Total area
10,400 SF
Lot
0.71 ac (30,818 SF)
Zoning code
SPA
APN
273-0060-003-0000
UPID
US09-0105779
Jurisdiction
SACRAMENTO
Zoning & alternative use
SPA · Carmichael, CA
Zoning SPA · permitted uses
SPA · 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
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$7.6M
RESTAURANT
Est. value
$4.9M
NEIGHBORHOOD: SHOPPING CENTER
RESTAURANT
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
1959
Construction
WOOD
Heating
NONE
Stories
1
Buildings
2
Units
40
Lot
0.71 ac
Current owner
From public records · entity-resolved
Redwood Property Investors III LLC
Entity
Mailing address
360 GRAND AVE #360, OAKLAND, CA 94610-4840
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
19 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
May 24, 2022
—
Redwood Property Investors III LLC
—
Deed
related
$3,825,000 · Farmers & Merchants Bank Of Central Ca
Sep 23, 2021
—
Redwood Properties Investors III Ll
—
Deed
related
$45,000,000 · Us Bank NA
Jul 13, 2021
$5,677,000
Redwood Property Investors III LLC
Stanley40 LLC
Grant Deed
—
Dec 31, 2020
—
Stanley40 LLC
—
Deed
related
$21,925,000 · W&d Be INC
Jun 3, 2019
$4,300,000
Stanley40 LLC
Malwa Holdings LLC
Grant Deed
$4,200,000 · Loan Funder LLC Seri 7953 (ce)
Jan 31, 2017
—
Malwa Holdings LLC
—
Deed
$2,370,000 · Cbre Cap Markets
Jun 1, 2012
$2,200,000
5920 Stanley Apartments LLC
Carmichael Brentwood LLC
Grant Deed
$1,320,000 · Lone Oak Fund LLC
Jan 31, 2007
—
Carmichael Brentwood LLC
Richard A Davis
Grant Deed
$25,000 · Washington Mutual Bank
Jul 8, 2004
—
Davis,tr
Davis,tr
Quit Claim Deed
related
—
Feb 27, 2004
$2,625,000
Richard A Davis
Riverstar Investments LP
Grant Deed
$1,475,000 · Washington Mutual Fsb
Jul 17, 2003
—
Rsi Partners LLC
England,tr
Grant Deed
related
—
Oct 1, 2002
—
England,tr
England,gordon E & Kimberly N
Quit Claim Deed
related
—
Mar 1, 2001
$1,305,000
Mcclinton Trust
Shuisky Trust
Grant Deed
$978,750 · Washington Mutual Fsb
Feb 17, 1993
$1,365,000
Shuisky,trust
Capital Growth
Grant Deed
$955,000 · American Savings Bank
—
—
Malwa Holdings LLC
—
Deed Of Trust
$2,370,000 · Cbre Cap Markets
—
—
Stanley40 LLC
—
Deed Of Trust
related
$21,925,000 · W&d Be INC
—
—
Carmichael Brentwood LLC
—
Deed Of Trust
related
$500,000 · Hudson Lending Co LLC
—
—
5920 Stanley Apartments LLC
—
Deed Of Trust
related
$1,700,000 · J P Morgan Chase Bank
—
—
Carmichael Brentwood LLC
—
Deed Of Trust
related
$1,927,146 · Hudson Lending Co LLC
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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