| Summary | National Percentile | Rank vs Metro |
|---|---|---|
| Housing | 72nd | Good |
| Demographics | 46th | Fair |
| Amenities | 74th | Best |
Multifamily Valuation
| Property Details | |
|---|---|
| Address | 5545 Marconi Ave, Carmichael, CA, 95608, US |
| Region / Metro | Carmichael |
| Year of Construction | 1974 |
| Units | 80 |
| Transaction Date | 2019-04-17 |
| Transaction Price | $9,740,000 |
| Buyer | THE J SQUARED REVOCABLE TRUST |
| Seller | MK LLL HOLDINGS LLC |
5545 Marconi Ave Carmichael Multifamily Investment
Neighborhood occupancy is strong and above most Sacramento submarkets, supporting lease stability for an 80-unit asset, according to CRE market data from WDSuite.
The property sits in an Urban Core neighborhood rated A- and ranked 127th among 561 Sacramento-Roseville-Folsom neighborhoods — competitive and within the top quartile locally. Occupancy at the neighborhood level trends high and is also top quartile among 561 areas, a favorable backdrop for minimizing downtime between turns.
1974 construction is newer than the neighborhood’s average vintage, offering relative competitiveness versus older stock while still leaving room for targeted system updates or renovations to strengthen positioning against comparable assets.
Renter-occupied housing is a large share of units in this neighborhood (roughly two-thirds), indicating a deep tenant base for multifamily operators and supporting demand durability through cycles. Within a 3-mile radius, recent population and household growth point to a gradually expanding renter pool; projections suggest this trend continues over the next five years, which can support occupancy stability.
Local amenity access is a strength: dining, cafes, groceries, and pharmacies score well compared with national peers, aiding day-to-day livability and retention. Home values are elevated relative to incomes (top bracket nationally by value-to-income ratio), which reinforces reliance on multifamily rentals; at the same time, rent-to-income levels suggest some affordability pressure that warrants proactive lease management.
Safety indicators are mixed but stable in context. Overall crime ranks near the metro median (around the midpoint among 561 Sacramento neighborhoods) and sits slightly above the national median for safety. Year over year, violent incidents show a notable improvement trend compared with neighborhoods nationwide, while property-related incidents have risen, signaling a need for routine security and lighting best practices.
For investors, this profile suggests balanced risk: conditions are not outliers for the region, and trend improvements in violent offenses help, but monitoring property-crime patterns remains prudent as part of ongoing asset management.
Proximity to logistics, healthcare services, technology, and manufacturing employers supports a diverse workforce renter base and commute convenience for residents.
- DISH Network Distribution Center — logistics/distribution (6.6 miles)
- Cardinal Health — healthcare distribution (7.1 miles)
- Intel Folsom FM5 — technology/design (9.3 miles)
- International Paper — paper & packaging (11.6 miles)
- Xerox State Healthcare — healthcare services (12.3 miles)
This Carmichael asset benefits from a high-occupancy Urban Core setting with strong neighborhood-level renter concentration and solid amenity access. Based on CRE market data from WDSuite, occupancy performance is above most metro neighborhoods, which supports steady leasing. 1974 vintage provides relative competitiveness versus older area stock and leaves room for value-add upgrades to drive rent positioning.
Within a 3-mile radius, recent and projected gains in population and households indicate a larger tenant base over time, supporting demand resilience. Elevated ownership costs in the area reinforce reliance on rental housing, though rent-to-income levels point to affordability pressure that should be managed through renewals, unit mix, and turn scopes.
- High neighborhood occupancy and competitive A- location support leasing stability.
- 1974 vintage offers value-add potential while remaining competitive versus older local stock.
- Diverse nearby employers bolster renter demand and retention through commute convenience.
- Elevated ownership costs sustain multifamily demand relative to for-sale alternatives.
- Risk: affordability pressure and pockets of property crime warrant active lease and security management.