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.
Active
$1,550,000
5364 Garfield Ave, Sacramento, CA 95841
9beds
3,900sqft
Est.:
Quadruplex
Built in 1969
-- sqft lot
$1,477,900 Zestimate®
$397/sqft
$-- HOA
What's special
River rocksOlive and lemon treesMoen fixturesQuality living spacesLandscaped groundsSynthetic grassDurable anlin windows
- 141 days |
- 161 |
- 13 |
Zillow last checked: 8 hours ago
Listing updated: July 25, 2025 at 12:26am
Listed by:
Amir Cackovic DRE #01484623 916-400-0000,
eXp Realty of California Inc.
Source: MetroList Services of CA,MLS#: 225097153Originating MLS: MetroList Services, Inc.
Tour with a local agent
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 9
- Bathrooms: 5
- Full bathrooms: 5
Heating
- Central
Cooling
- Central Air
Features
- Flooring: Tile, Laminate
- Has fireplace: No
Interior area
- Total interior livable area: 3,900 sqft
Property
Parking
- Total spaces: 6
Features
- Stories: 2
Lot
- Size: 9,387.18 Square Feet
Details
- Parcel number: 23005310190000
- Zoning description: RD-20
- Special conditions: Standard
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Quadruplex
Materials
- Brick, Stucco, Frame, Wood
Condition
- Year built: 1969
Community & HOA
Location
- Region: Sacramento
Financial & listing details
- Price per square foot: $397/sqft
- Tax assessed value: $850,006
- Price range: $1.6M - $1.6M
- Date on market: 7/23/2025
Estimated market value
$1,477,900
$1.40M - $1.55M
$1,899/mo
Price history
Price history
| Date | Event | Price |
|---|---|---|
| 7/23/2025 | Listed for sale | $1,550,000$397/sqft |
Source: MetroList Services of CA #225097153 Report a problem | ||
| 7/1/2025 | Listing removed | $1,550,000$397/sqft |
Source: MetroList Services of CA #224125289 Report a problem | ||
| 11/13/2024 | Listed for sale | $1,550,000+89.7%$397/sqft |
Source: MetroList Services of CA #224125289 Report a problem | ||
| 7/29/2022 | Sold | $817,000+2.1%$209/sqft |
Source: MetroList Services of CA #222077101 Report a problem | ||
| 6/20/2022 | Pending sale | $800,000$205/sqft |
Source: MetroList Services of CA #222077101 Report a problem | ||
Public tax history
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | -- | $850,006 +2% |
| 2024 | $12,940 +5.7% | $833,340 +2% |
| 2023 | $12,237 +208.1% | $817,000 +150.2% |
Find assessor info on the county website
BuyAbility℠ payment
Est. payment
$9,702/mo
Principal & interest
$7674
Property taxes
$1485
Home insurance
$543
Climate risks
Neighborhood: 95841
Nearby schools
GreatSchools rating
- 4/10Charles Peck Elementary SchoolGrades: K-5Distance: 1 mi
- 5/10Will Rogers Middle SchoolGrades: 6-8Distance: 1.7 mi
- 3/10San Juan High SchoolGrades: 9-12Distance: 2.8 mi
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