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For sale
  • $1,550,000

    5364 Garfield Ave, Sacramento, CA 95841

    9beds
    3,900sqft
    : 
    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
    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.
    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#: 224125289MLS LogoOriginating MLS: MetroList Services, Inc.
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    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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