Active
5364 Garfield Avenue
Sacramento CA, 95841
$1,550,000
$392.41 per sqft
Active
9 Beds
5 Baths
3,950 sqft
Multi-family
Built in 1969
Prime investment in the San Juan School District: two fully renovated 4-unit buildings at 5364 & 5372 Garfield Ave in Sacramento (both properties to be purchased together, separate listings, total price is 3M, cap rate is 4.7%). Set in a quiet area near Carmichael, this property offers quality living spaces designed with low maintenance in mind - ideal for attracting high-quality tenants. Each unit was remodeled in 2022, featuring durable Anlin windows, vinyl plank floors, marble kitchen backsplashes, and top appliances. Newer roof. The property includes one spacious 3-bedroom (1,250 sf), 2-bath unit with in-unit laundry and seven 2-bedroom, 1-bath units, each with a large balcony or fenced patio. Bathrooms were redone with Moen fixtures, Kohler cast iron tubs, quartz counters, and durable tile for a clean, modern look. The landscaped grounds include river rocks, olive and lemon trees, and synthetic grass for easy upkeep. The property generates a steady overall monthly income of $16,945, with a 4.7% cap rate and high tenant satisfaction. All tenants recently renewed their leases. Conveniently located near parks, schools, shopping, and dining, this 8-unit complex combines modern amenities with a peaceful setting, offering a standout investment in a strong rental market.
224125289
MLSⓇ ID
November 12, 2024
Listed
November 22, 2024
Updated
Map
5364 Garfield Avenue
Sacramento CA, 95841
Interior Features
Total Stories
2
Bedrooms
9
Total Bathrooms
5
Full Bathrooms
5
Interior Features
Tile, Laminate
Laundry Description
Common Area
Floor Description
Tile, Laminate
Fireplace
No
Cooling
Yes
Cooling Description
Central Air
Heating
Yes
Heating Description
Central
Exterior/Building Features
Lot Size
0.22 Acres
School Information
School District
San Juan Unified
Other Property Details
Garage
No
Parking
Open
Parking Total
6
View
No
County
Sacramento
Water Source
Public
Pool
No
Zoning
RD-20
Courtesy of eXp Realty of California Inc., Amir Cackovic,
Listing Contact:
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