| Summary | National Percentile | Rank vs Metro |
|---|---|---|
| Housing | 72nd | Good |
| Demographics | 46th | Fair |
| Amenities | 74th | Best |
Multifamily Valuation
| Property Details | |
|---|---|
| Address | 5333 Marconi Ave, Carmichael, CA, 95608, US |
| Region / Metro | Carmichael |
| Year of Construction | 1977 |
| Units | 100 |
| Transaction Date | --- |
| Transaction Price | --- |
| Buyer | --- |
| Seller | --- |
5333 Marconi Ave, Carmichael CA Multifamily Investment
Neighborhood fundamentals point to steady renter demand and high occupancy, according to WDSuite’s CRE market data, with a renter-occupied housing base that supports consistent leasing.
Carmichael’s Urban Core setting offers day-to-day convenience that supports tenant retention. Amenity access ranks in the top quartile among 561 Sacramento metro neighborhoods, with cafes and pharmacies especially dense locally, and grocery options above the metro median. Limited park acreage nearby is a trade-off investors should note when positioning amenities on site.
The neighborhood’s occupancy ranks in the top quartile among 561 metro neighborhoods, indicating stable property-level leasing conditions. Median contract rents in the neighborhood sit above many U.S. locations, while remaining competitive within the Sacramento metro; paired with an elevated renter concentration, this points to a deep tenant base rather than transient demand.
Within a 3-mile radius, population and household counts have grown over the past five years and are projected to continue rising, expanding the local renter pool and supporting occupancy stability. Household sizes have edged down slightly, which can favor demand for smaller units and steady turnover management. Home values in the neighborhood are elevated relative to incomes and rank high nationally, which typically sustains multifamily demand by making ownership a higher-cost alternative.
Vintage matters for competitive positioning: the average neighborhood construction year is 1966. With a 1977 build, the asset is newer than much of the nearby stock, potentially offering an edge versus older properties, while still warranting targeted capital planning for systems and finishes to maintain leasing velocity and rent positioning.
Safety indicators for the neighborhood track close to metro and national norms. Overall crime performance sits around the Sacramento metro median, and nationally the area is near the middle of the pack. Notably, violent offense rates show a year-over-year decline, placing the trend in a stronger national percentile, while property offense levels are more mixed. Investors should underwrite to typical urban monitoring and lighting standards and assess site-specific controls.
Proximity to distribution, healthcare services, and technology employers supports a broad workforce renter base and commute convenience for residents.
- DISH Network Distribution Center — logistics & distribution (6.6 miles)
- Cardinal Health — healthcare distribution (6.9 miles)
- Intel Folsom FM5 — semiconductors (9.6 miles)
- International Paper — packaging & paper (11.4 miles)
- Xerox State Healthcare — healthcare technology services (12.1 miles)
The asset’s location benefits from top-quartile neighborhood occupancy within the Sacramento metro and an above-median amenity mix that underpins day-to-day convenience, supporting retention and leasing stability. Elevated neighborhood home values relative to incomes reinforce reliance on rental housing, while 3-mile population and household growth points to a larger tenant base over the next several years. According to CRE market data from WDSuite, the area’s renter concentration is high, aligning with durable multifamily demand.
Built in 1977, the property is newer than the average nearby stock (1966), suggesting competitive positioning versus older comparables while still presenting selective value-add opportunities through modernization and system upgrades. Underwriting should consider urban safety management and affordability pressure (rent-to-income levels) when planning renewals and pricing power.
- High neighborhood occupancy and deep renter base support stable leasing
- Amenity-rich urban context aids retention and everyday convenience
- Elevated ownership costs locally sustain rental demand and pricing discipline
- 1977 vintage offers competitive edge versus older stock with value-add potential
- Risks: affordability pressure and typical urban safety considerations warrant conservative underwriting