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Key Facts

Type Quadruplex
Levels Residential Income
Size 3684 sqft
Garage No
Taxes 
Days Active 1
Lot Size 
Approx. Age 1969
Avg. Price Per Sqft $393
MLS® Number 225097151

Property Address: 

Average square foot calculated using Size range provided by listing agent.

Description

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.Show Description
MLS® Number225097151
Laundry LevelIn Common Area
Central VacNo
FireplaceNo
Acreage0.2207
Exterior
GarageNo
Approx. Age1969
Basement
DrivewayOpen
Garage Spaces
HeatCentral
A/CCentral
Heating Fuel

Extras

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