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
40
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 18, 2024. For the most current information, please contact Amir Cackovic, (916) 400-0000
