| Summary | National Percentile | Rank vs Metro |
|---|---|---|
| Housing | 72nd | Good |
| Demographics | 46th | Fair |
| Amenities | 74th | Best |
Multifamily Valuation
| Property Details | |
|---|---|
| Address | 5737 Angelina Ave, Carmichael, CA, 95608, US |
| Region / Metro | Carmichael |
| Year of Construction | 1979 |
| Units | 38 |
| Transaction Date | 2004-02-24 |
| Transaction Price | $2,000,000 |
| Buyer | SOLTERO ALYSSA |
| Seller | EAGLE S NEST APARTMENTS LLC |
5737 Angelina Ave Carmichael Multifamily Investment
Neighborhood renter demand and high occupancy point to durable income potential, according to WDSuite’s CRE market data. The area’s strong amenity access and elevated ownership costs support leasing fundamentals while warranting careful affordability and retention management.
Situated in Carmichael within the Sacramento-Roseville-Folsom metro, the neighborhood ranks 127 out of 561 metro neighborhoods, placing it above the metro median and competitive among Sacramento submarkets for livability and renter demand. Neighborhood occupancy is high at the neighborhood level (ranked 119 of 561; 90th percentile nationally), signaling stable leasing conditions for comparable assets—this is a neighborhood metric, not the property’s occupancy.
Amenity access is a relative strength: cafes, restaurants, groceries, and pharmacies index well above national norms (mid-80s to mid-90s percentiles), which supports day-to-day convenience and leasing appeal. Park access is limited within the neighborhood (ranked 561 of 561 in the metro), so on-site open space or nearby private recreation could be a differentiator for resident retention.
The renter-occupied share of housing units is elevated (ranked 31 of 561; 97th percentile nationally), indicating a deep tenant base and consistent demand for multifamily. Home values trend high for the region (84th percentile nationally), reflecting a high-cost ownership landscape that tends to sustain reliance on rental housing—supportive of pricing power but requiring thoughtful lease management to balance affordability and retention risk given a low national percentile on rent-to-income.
Demographic statistics aggregated within a 3-mile radius show modest population growth in recent years with additional household expansion projected through 2028, pointing to a larger tenant base and support for occupancy stability. The property’s 1979 vintage is somewhat newer than the neighborhood’s average construction year (1966), offering relative competitiveness versus older stock; investors should still plan for system updates and selective renovations to meet current renter expectations.
Safety indicators sit near the middle of the pack both locally and nationally. The neighborhood’s overall crime standing is around the metro median (ranked 283 out of 561 Sacramento-area neighborhoods) and roughly average nationally (about the 52nd percentile). Recent trends show a year-over-year decline in violent offenses (strong improvement by metro standards) alongside a modest increase in property offenses; investors should underwrite security measures and lighting, and monitor local trends as part of ongoing operations.
Nearby distribution, healthcare, paper/packaging, and technology offices help anchor the area’s employment base and support renter retention through commute convenience. The following employers are within a reasonable drive of the property:
- DISH Network Distribution Center — distribution/logistics (7.1 miles)
- Cardinal Health — healthcare services (7.5 miles)
- Intel Folsom FM5 — technology/offices (9.0 miles)
- International Paper — paper & packaging (12.0 miles)
- Xerox State Healthcare — healthcare IT/services (12.6 miles)
5737 Angelina Ave benefits from a neighborhood profile that supports multifamily performance: high neighborhood occupancy (90th percentile nationally) and a large share of renter-occupied housing indicate depth of tenant demand. Elevated ownership costs in the area further reinforce reliance on rental housing, while strong amenity access enhances resident appeal and retention. Based on commercial real estate analysis from WDSuite, these factors combine to support stable operations relative to many Sacramento peers.
The 1979 vintage is newer than the neighborhood’s average construction year, providing a competitive edge versus older product and potential to capture value through targeted modernization and system upgrades. Demographic trends within a 3-mile radius point to continued household growth through 2028, which should expand the renter pool and help sustain occupancy, though affordability pressure warrants careful lease management and expense discipline.
- High neighborhood occupancy and deep renter base support leasing stability
- Elevated ownership costs in the area sustain demand for rentals
- 1979 vintage offers value-add potential through selective upgrades
- Amenity-rich setting aids retention and day-to-day resident convenience
- Risk: affordability pressure and mixed crime trends require active management