5372 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 3,684 sqft
Price per Sqft $393
MLS Listing ID 224125292
HOA Y/N No
Originating Board MLS Metrolist
Year Built 1969
Lot Size 9,614 Sqft
Acres 0.2207
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 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
Building
Lot Description Curbs/Gutters
Story 2
Foundation Slab
Sewer Public Sewer
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 230-0531-020-0000
Special Listing Condition None