Property Details
About this Property
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.
MLS Listing Information
MLS #
ME224125289
MLS Source
MetroList Services, Inc.
Days on Site
5
Interior Features
Flooring
Laminate, Tile
Cooling
Central Forced Air
Heating
Central Forced Air
Exterior Features
Foundation
Slab, Concrete Perimeter and Slab
Parking, School, and Other Information
Garage/Parking
Garage: 0 Car(s)
Elementary District
San Juan Unified
High School District
San Juan Unified
Water
Public
HOA Fee
$0
Zoning
RD-20
Unit Information
| # Buildings | # Leased Units | # Total Units |
|---|---|---|
| 1 | 4 | 4 |
| Unit # | Sq Ft | Beds | Baths | Rent |
|---|---|---|---|---|
| 1 | 1,250 | 3 | 2/0 | $2,600 |
| 2 | 900 | 2 | 1/0 | $2,050 |
| 3 | 900 | 2 | 1/0 | $1,995 |
| 4 | 900 | 2 | 1/0 | $2,050 |
Neighborhood: Around This Home
Neighborhood: Local Demographics
Nearby Homes for Sale
5364 Garfield Ave is a Residential Income in Sacramento, CA 95841. This 3,900 square foot property sits on a 9,387 Sq Ft Lot and features – bedrooms & – full bathrooms. It is currently priced at $1,550,000 and was built in –. This address can also be written as 5364 Garfield Ave, Sacramento, CA 95841.
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This listing information is up-to-date as of November 15, 2024. For the most current information, please contact Amir Cackovic, (916) 400-0000
