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.
For sale
$1,550,000
5364 Garfield Ave, Sacramento, CA 95841
9beds
3,900sqft
Est.:
Quadruplex
Built in 1969
-- sqft lot
$1,482,100 Zestimate®
$397/sqft
$-- HOA
What's special
River rocksOlive and lemon treesMoen fixturesQuality living spacesLandscaped groundsSynthetic grassDurable anlin windows
- 167 days
- on Zillow |
- 243 |
- 11 |
Zillow last checked: 7 hours ago
Listing updated: November 17, 2024 at 03:13pm
Listed by:
DRE #01484623 916-400-0000,
eXp Realty of California Inc.
Source: MetroList Services of CA,MLS#: 224125289
Originating MLS: MetroList Services, Inc.

Travel times
Tour with a buyer’s agent
Tour with a buyer’s agent
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 9
- Bathrooms: 5
- Full bathrooms: 5
Heating
- Central
Cooling
- Central Air
Features
- Flooring: Tile, Laminate
Interior area
- Total structure area: 3,900
- Total interior livable area: 3,900 sqft
Video & virtual tour
Property
Parking
- Total spaces: 6
- Parking features: Open
- Has uncovered spaces: Yes
Features
- Stories: 2
Lot
- Size: 9,387.18 Square Feet
Details
- Parcel number: 23005310190000
- Zoning: RD-20
- Special conditions: Standard
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Quadruplex
Materials
- Brick, Stucco, Frame, Wood
Condition
- Year built: 1969
Community & HOA
HOA
- Has HOA: No
Location
- Region: Sacramento
Financial & listing details
- Price per square foot: $397/sqft
- Tax assessed value: $833,340
- Annual tax amount: $12,940
- Price range: $1.6M - $1.6M
- Date on market: 11/13/2024
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