Renovated Quadplexes with Outdoor
For Sale
$1,350,000
5364 Garfield Avenue, Sacramento, CA 95841
Two updated residential income buildings offer remodeled interiors, private outdoor areas, and a low-maintenance landscaped setting.
Property Size3,950 SF
Days on Market189
Property Features for 5364 Garfield Avenue
General Information
Standard status
Active
Size
3,950 SF
Property subtype
Quadruplex
Financials
Asking Price
$3,000,000
Cap Rate
4.7%
Gross Income
$203,340
Units
Unit Mix
1 x 3BR/2BA, 7 x 2BR/1BA
Multifamily Units
8
Amenities
in-unit laundry
balcony/patio
Building Details
Building Size
3,950 SF
Year Built
1969
Year Renovated
2022
Buildings
2
Listing Agency:
eXp Realty of California Inc.
Listed By:
Amir Cackovic · License #01484623
(916) 400-0000
Source:
Teamnavigate
Added: Apr 30
Changed: Oct 31
Last Checked: Nov 3 at 11:37AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of eXp Realty of California Inc.
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Investment Insights
Based on property information with market context.
This multifamily offering includes two four-unit buildings at 5364 and 5372 Garfield Avenue, purchased together as an eight-unit complex. The unit mix comprises one three-bedroom, two-bath residence measuring 1,250 square feet and seven two-bedroom, one-bath residences. Every unit was remodeled in 2022 with Anlin windows, vinyl plank flooring, marble kitchen backsplashes, updated appliances, Moen bathroom fixtures, Kohler cast iron tubs, quartz counters, and durable tile. Each residence also includes either a large balcony or fenced patio, while the property benefits from a newer roof and landscaped grounds with river rocks, olive and lemon trees, and synthetic grass.
The property is in Sacramento’s San Juan School District near Carmichael, with parks, schools, shopping, and dining nearby. All tenants recently renewed their leases, and the reported cap rate is 4.7%.
The property is in Sacramento’s San Juan School District near Carmichael, with parks, schools, shopping, and dining nearby. All tenants recently renewed their leases, and the reported cap rate is 4.7%.
Key Highlights
- Two four‑unit buildings at 5364 and 5372 Garfield Avenue are offered together as one eight‑unit complex
- All units were remodeled in 2022 with Anlin windows, vinyl plank flooring, updated kitchens, and renovated bathrooms
- Unit mix includes one 3‑bedroom, 2‑bath residence measuring 1,250 sf and seven 2‑bedroom, 1‑bath residences
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$67,413
Cap Rate
4.99%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,348,260
$1.3M
Cap Rate 7%
$963,043
$963.0K
Cap Rate 9%
$749,033
$749.0K
Market Conditions
NOI Build-Up for 3,950 SF
Gross rent
$101.9K $25.80/SF
− Vacancy
−$5.6K −$1.42/SF
EGI
$96.3K $24.38/SF
− OpEx
−$28.9K −$7.31/SF
NOI
$67.4K $17.07/SF
Area
Sacramento, CA
Vacancy
5.50%
Lease Rate
$25.80 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,348,260
Cap Rate 7%
$963,043
Cap Rate 9%
$749,033
Alternative Uses
Best Use
Multifamily LT 5
$963.0K
$842.7K – $1.12M
NOI $67,413 @ 7.0% cap · market cap 4.99%
Second Best
Apartment 5plus
$886.4K
$775.6K – $1.03M
NOI $62,047 @ 7.0% cap · market cap 4.60%
Theoretical Best
Specialty Retail
$1.06M
$928.8K – $1.24M
NOI $74,300 @ 7.0% cap · market cap 5.50%
Zoning and permitted uses should be independently verified with authorities.
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Who owns this building?
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Open Analytics
Lease Details
8
Residential units
Location Intelligence
Trade Area within ½ mile
1,154
Businesses Nearby
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Business Placement
Demographics for 95841, CA
21,873
Population
8,817
Households
2.5
Avg Household Size
36
Median Age
27%
College-Educated
93%
High-School Grad
3.9 sq mi
ZIP Area
5,608
Density / Sq Mi
$62,305
Median Household Income
$40,388
Median Earnings
$1,577
Median Rent
$414,200
Median Home Value
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Market
Vacancy Rate% for Multifamily in West region
Frequently Asked Questions
What type of property is this?
Quadplex - Two updated residential income buildings offer remodeled interiors, private outdoor areas, and a low-maintenance landscaped setting.
Where is this quadplex located?
The property is located at 5364 Garfield Avenue Sacramento, CA.
What is the asking price?
The asking price for this property is $1,350,000.
What are key features of this property?
This property features: Two four‑unit buildings at 5364 and 5372 Garfield Avenue are offered together as one eight‑unit complex; All units were remodeled in 2022 with Anlin windows, vinyl plank flooring, updated kitchens, and renovated bathrooms; Unit mix includes one 3‑bedroom, 2‑bath residence measuring 1,250 sf and seven 2‑bedroom, 1‑bath residences
