5364 Garfield AVE Active

Sacramento,CA 95841

$ 1550000

- Bed

- Bath

3900 SqFt


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 225097153

Year Built 1969

Lot Size 9,387 Sqft

Property Sub-Type Quadruplex

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

Rooms

Other Rooms Unit-1 Type: Apartment Approx SqFt: 1250 Bedrooms: 3 Full Baths: 2 Total Rooms: 6 Occupancy: Tenant Rent: 2600 SqFt Source: Owner Unit-2 Type: Apartment Approx SqFt: 900 Bedrooms: 2 Full Baths: 1 Total Rooms: 4 Occupancy: Tenant Rent: 2050 SqFt Source: Owner Unit-3 Type: Apartment Approx SqFt: 900 Bedrooms: 2 Full Baths: 1 Total Rooms: 4 Occupancy: Tenant Rent: 1995 SqFt Source: Owner Unit-4 Type: Apartment Approx SqFt: 900 Bedrooms: 2 Full Baths: 1 Total Rooms: 4 Occupancy: Tenant Rent: 2050 SqFt Source: Owner

Interior

Heating Central

Cooling Central

Flooring Tile,Laminate

Laundry In Common Area

Exterior

Parking Features Open

Utilities Available City

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

Special Listing Condition None

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