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.
86 days
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164
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10
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Zillow last checked:
Listing updated:
Listed by:
Amir CackovicDRE #01484623916-400-0000,
eXp Realty of California Inc.
Source: MetroList Services of CA,MLS#: 226054886Originating MLS: MetroList Services, Inc.
Facts & features
Interior
Bedrooms & bathrooms
Bedrooms: 9
Bathrooms: 5
Full bathrooms: 5
Heating
Central
Cooling
Central Air
Appliances
Laundry: Common Area
Features
Flooring: Tile, Laminate
Has fireplace: No
Interior area
Total structure area: 0
Total interior livable area: 3,900 sqft
Property
Parking
Total spaces: 6
Parking features: Open
Lot
Size: 9,387 Square Feet
Features: Curbs/Gutters
Details
Parcel number: 23005310190000
Zoning: RD-20
Special conditions: Standard
Construction
Type & style
Home type: MultiFamily
Property subtype: Quadruplex
Materials
Brick, Stucco, Frame, Wood
Foundation: Slab
Condition
Year built: 1969
Utilities & green energy
Sewer: Public Sewer
Water: Public
Utilities for property: City, Sewer In & Connected
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Principal & interest
$1,547
Mortgage insurance
$0
Property taxes
$170
Home insurance
$105
HOA fees
$0
Utilities
Not included
All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
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