5364 Garfield Ave - Apartments FOR SALE


Sacramento, CA 95841
$1,550,000 USD
916-730-3846
5364 Garfield Ave, Sacramento, CA for Sale
$1,550,000 USD
Apartments - FOR SALE
1/47
null | 4.7% Cap Rate

5364 Garfield Ave
Sacramento, CA 95841


HIGHLIGHTS

  • Each living room has a fireplace, ceiling fan, recessed dimmable LED lighting and access to balcony through
  • Hardwood doors, baseboards & door moldings throughout entire unit,New Anlin sliding doors
  • Brand New Anlin Bronze 2 Dual Pane Windows
  • Full large 12x24 porcelain tile on shower walls, High-end Moen shower hardware • Drake Toto Toilets
  • Five feet of subway tile around entire bathrooms to avoid moisture issues
  • Marble backsplash on both kitchen sides • Local made high quality plywood, self closing cabinets with bronze handles • Z-line hood vents, GE Fridge

OVERVIEW

Presenting a 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). 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 of the eight units were 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.

FOR SALE DETAILS

PRICE

$1,550,000 USD

PRICE/SF

$392 USD /SF

# OF UNITS

4

PRICE/UNIT

$387,500

CAP RATE

4.7%

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

5364 Garfield Ave

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Garden

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1969

PARKING SPACES

6

LAND DETAILS

LAND ACRES

0.21 AC

LAND SF

9,148 SF

ZONING

RD-20

APN/PARCEL ID

230-0531-019-0000

ASK ABOUT THIS PROPERTY

Ron BenningRon BenningMore Info
916-730-3846

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.

Ron BenningRon BenningMore Info
916-730-3846

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.