5364 Garfield AVE new Save Request In-Person Tour Request Virtual Tour
Sacramento,CA 95841
Key Details
Property Type Multi-Family
Sub Type Quadruplex
Listing Status Active
Purchase Type For Sale
Square Footage 3,900 sqft
Price per Sqft $397
MLS Listing ID 224125289
HOA Y/N No
Originating Board MLS Metrolist
Year Built 1969
Lot Size 9,387 Sqft
Acres 0.2155
Property 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.
Location
State CA
County Sacramento
Area 10841
Direction Hwy 80 - South on Madison Ave - Left on Garfield Ave - Property is on the right side.
Interior
Heating Central
Cooling Central
Flooring Tile,Laminate
Laundry In Common Area
Exterior
Garage Open
Utilities Available City
Water Access Desc Public
Total Parking Spaces 6
Building
Lot Description Curbs/Gutters
Story 2
Foundation Slab
Sewer In & Connected
Water Public
Schools
Elementary Schools San Juan Unified
Middle Schools San Juan Unified
High Schools San Juan Unified
School District Sacramento
Others
Senior Community No
Tax ID 230-0531-019-0000
Special Listing Condition None