| Summary | National Percentile | Rank vs Metro |
|---|---|---|
| Housing | 72nd | Good |
| Demographics | 46th | Fair |
| Amenities | 74th | Best |
Multifamily Valuation
| Property Details | |
|---|---|
| Address | 5344 Marconi Ave, Carmichael, CA, 95608, US |
| Region / Metro | Carmichael |
| Year of Construction | 1978 |
| Units | 113 |
| Transaction Date | --- |
| Transaction Price | --- |
| Buyer | --- |
| Seller | --- |
5344 Marconi Ave, Carmichael CA Multifamily Investment
Neighborhood occupancy is strong and renter demand is deep, according to WDSuite’s CRE market data, suggesting stable cash flow potential relative to the broader Sacramento metro.
Located in Carmichael within the Sacramento-Roseville-Folsom metro, the neighborhood scores in the top quartile among 561 metro neighborhoods (A- rating), indicating competitive fundamentals for multifamily. Amenity access is a notable strength: restaurants, groceries, cafes, childcare, and pharmacies all benchmark above national norms, supporting day-to-day convenience for residents. Park access is limited, which may modestly temper lifestyle appeal for some renters.
Neighborhood occupancy is elevated versus national comparisons, and the share of renter-occupied housing units is high for the area, pointing to a deep tenant base and potential leasing resilience through cycles. Median asking rents sit above the national middle but below the highest-cost coastal peers, which helps maintain a broad demand funnel while still allowing for measured pricing power.
Within a 3-mile radius, population and households have grown over the last five years and are projected to continue expanding by 2028, supporting a larger tenant base and sustained absorption. Household incomes have trended higher, widening the range of prospective renters and supporting renewal strategies, though rent-to-income levels indicate some affordability pressure that owners should manage through renewal and amenity positioning.
The local housing stock skews older than the metro average; a 1978-vintage, 113-unit community can compete effectively against 1960s-era properties, while selective modernization can enhance positioning. These dynamics, paired with strong neighborhood occupancy, align with investor priorities identified through commercial real estate analysis from WDSuite.
Safety indicators for the neighborhood track near the national midpoint overall, with performance roughly around the metro median among 561 Sacramento-area neighborhoods. Recent data shows a meaningful improvement in violent offenses year over year, while property-related incidents have ticked up, creating a mixed but watchful backdrop for owners.
For investors, this suggests standard risk management—lighting, access control, and partnership with local resources—can help maintain leasing stability and retention without requiring extraordinary measures. Monitoring trends remains prudent given the differing directions of violent and property offense measures.
The nearby employment base blends logistics, healthcare services, technology, and manufacturing—supporting workforce housing demand and commute convenience for residents at the property. The list below highlights notable employers within typical renter commuting distance.
- DISH Network Distribution Center — logistics/distribution (6.5 miles)
- Cardinal Health — healthcare distribution (6.9 miles)
- Intel Folsom FM5 — technology & engineering (9.6 miles)
- International Paper — packaging & manufacturing (11.4 miles)
- Xerox State Healthcare — healthcare technology/services (12.0 miles)
This 1978-vintage, 113-unit multifamily asset benefits from a neighborhood that ranks in the top quartile among 561 Sacramento metro neighborhoods, with high occupancy and a renter-occupied housing presence that supports depth of demand. Elevated ownership costs in the area reinforce reliance on rental options, aiding leasing stability and renewal potential. According to CRE market data from WDSuite, neighborhood occupancy trends outpace national norms, positioning the asset for steady performance if operations and capital planning remain disciplined.
Demographic momentum within a 3-mile radius—population and household growth today and into 2028—expands the local renter pool, while rising incomes support thoughtful rent optimization. The vintage provides value-add opportunities: common-area upgrades, unit interiors, and system modernizations can improve competitive standing versus older 1960s stock and capture incremental NOI, balanced against prudent affordability and retention strategies.
- Strong neighborhood occupancy and deep renter base support leasing stability.
- High-cost ownership market underpins sustained rental demand and renewal potential.
- 1978 vintage offers practical value-add levers versus older competing stock.
- 3-mile population and household growth broadens the tenant pipeline.
- Risks: affordability pressure and mixed property-crime trends require proactive management.