Active

5372 Garfield Avenue

Sacramento CA, 95841

$1,450,000


$402.78 per sqft

Active

8 Beds

4 Baths

3,600 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.

224125292

MLS ID

November 12, 2024

Listed

November 22, 2024

Updated

Map

5372 Garfield Avenue
Sacramento CA, 95841

Interior Features

Total Stories

2


Bedrooms

8


Total Bathrooms

4


Full Bathrooms

4


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


Sewer

Public Sewer

School Information

School District

San Juan Unified

Other Property Details

Garage

No


Parking

Open


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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