5364 Garfield Avenue, Sacramento, CA 95841, Sacramento, 95841 - 9 bed, 5 bath
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Sacramento, CA 95841
This Turnkey Multi-Family Asset is listed at $1,350,000, offering exceptional stability as it is priced right at its $1,356,458 Fair Market Value. Boasting an Excellent Condition Rating following a comprehensive 2022 Renovation, the property features high-end finishes, Anlin windows, and a newer roof, ensuring minimal near-term capital expenditure. Located within the San Juan School District, the complex includes a patio and deck for each unit and low-maintenance landscaping. This stabilized acquisition is ideal for Buy-and-Hold Investors or Portfolio Managers seeking immediate cash flow in a high-demand rental market.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 5364 Garfield Avenue Subject | $1,350,000* List Price | 9 | 5 | 3,950 | $343 | - |
A 5372 Garfield Avenue Active | $1,250,000 List Price | 8 | 4 | 3,600 | $347 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
The property was fully renovated in 2022, which is within the <5-year renovation window for an Excellent rating. It features modern kitchens with marble backsplashes and quartz countertops, updated bathrooms with Moen fixtures, new vinyl plank flooring, energy-efficient Anlin windows, and a newer roof, requiring no immediate maintenance.
The property underwent a full high-end remodel in 2022, including a newer roof, Anlin windows, and modern interiors, significantly reducing immediate capital expenditure requirements.
Landscaped with synthetic grass, river rocks, and drought-tolerant trees, the exterior is designed for minimal upkeep and reduced utility costs for the owner.
With all tenants recently renewing their leases and a steady monthly income stream, the property offers immediate cash flow and proven tenant satisfaction.
At 4.7%, the capitalization rate is relatively conservative for the Sacramento multi-family market, which may be less attractive to investors seeking higher immediate yields.
The property must be purchased as part of a two-building package totaling $3M, which limits flexibility and requires a higher capital commitment from the buyer.
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.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 9.0 | 5.0 | 83% |
| Baths | 5.0 | 3.5 | 83% |
| Square foot | 3,950 | 3,109 | 83% |
| Lot Size | 9,387 | 9,148 | 67% |
| Price | $1.35M | $776.2K | 83% |
| Price per sq ft | $342 | $282 | 83% |
| Built year | 1969 | 1973 | 50% |
| HOA | $0 | $0 | 50% |
| Days on market | 37 | 213 | 17% |
Apr 30, 2026
$1,350,000
Initial Listing
Jul 29, 2022
$817,000
Public Record