| Summary | National Percentile | Rank vs Metro |
|---|---|---|
| Housing | 73rd | Good |
| Demographics | 56th | Fair |
| Amenities | 57th | Best |
Multifamily Valuation
| Property Details | |
|---|---|
| Address | 5801 Sutter Ave, Carmichael, CA, 95608, US |
| Region / Metro | Carmichael |
| Year of Construction | 1980 |
| Units | 47 |
| Transaction Date | --- |
| Transaction Price | --- |
| Buyer | --- |
| Seller | --- |
5801 Sutter Ave Carmichael Multifamily Investment
Stabilized renter demand and a high-cost ownership landscape support consistent leasing, according to WDSuite’s CRE market data. Positioned in an inner-suburban pocket of Sacramento, the asset benefits from neighborhood fundamentals that have held near the metro median.
Carmichael’s inner-suburban setting offers daily conveniences with grocery and pharmacy access performing in the top quartile among 561 Sacramento metro neighborhoods, while cafés and park space are thinner locally. For multifamily, this mix tends to support routine errands and healthcare access, even if lifestyle amenities are more dispersed.
Neighborhood occupancy is near the metro median, and renter-occupied housing accounts for a meaningful share of units, indicating a broad tenant base rather than a niche demand profile. Median contract rents sit in the upper national percentiles, while the rent-to-income ratio around 0.20 suggests manageable affordability pressure that can aid retention and steady rent collection.
Within a 3-mile radius, WDSuite data shows recent population and household growth with further gains forecast, implying a larger tenant pool over the next few years. Household incomes have risen, and projections point to continued income expansion, supporting depth for market-rate product and reinforcing occupancy stability.
Home values are elevated (nationally high percentile) and value-to-income ranks near the top decile, signaling a high-cost ownership market that reinforces reliance on multifamily rentals. For investors, that dynamic can underpin demand durability and reduce move-out risk to homeownership, particularly for well-managed, mid-market assets.
Safety conditions compare favorably at the national level (top third nationwide), while within the Sacramento metro the neighborhood does not rank among the lowest-incidence suburbs. According to WDSuite, both property and violent offense rates have declined materially over the last year, which helps from a leasing and retention standpoint, though investors should still underwrite prudent security and lighting measures consistent with inner-suburban assets.
Nearby employers provide a diversified white-collar and logistics employment base that supports renter demand and commute convenience, including healthcare distribution, logistics, semiconductor operations, packaging, and healthcare IT.
- Cardinal Health — healthcare distribution (7.7 miles)
- DISH Network Distribution Center — logistics/distribution (7.8 miles)
- Intel Folsom FM5 — semiconductor offices/R&D (8.9 miles)
- International Paper — packaging & paper products (12.2 miles)
- Xerox State Healthcare — healthcare IT/services (12.8 miles)
Built in 1980, the property is slightly newer than the neighborhood’s average vintage, offering a competitive edge versus older stock while still warranting targeted system upgrades or light renovations over a hold period. Based on commercial real estate analysis from WDSuite, the surrounding neighborhood shows near-median occupancy with strong renter concentration and income growth, supported by elevated ownership costs that keep multifamily demand resilient.
Daily-needs accessibility is a strength (grocery and pharmacy among the metro’s higher-performing concentrations), and 3-mile household and income growth trends point to a larger, higher-earning renter pool ahead. Investors should balance these positives against modest amenity gaps (limited cafés/parks), metro-relative safety positioning, and capex planning tied to 1980s systems.
- Inner-suburban location with daily-needs access and diversified employers supporting leasing
- Renter concentration and high-cost ownership market reinforce demand and retention
- 1980 vintage offers competitive positioning vs. older stock with value-add potential
- 3-mile population and household growth expand the tenant base over time
- Risks: metro-relative safety position, thinner cafés/parks, and ongoing capex for aging systems