420 Cleveland Avenue, Sacramento, CA 95833
Local realty services provided by:ERA Carlile Realty Group
420 Cleveland Avenue,Sacramento, CA 95833
$1,000,000
- - Beds
- - Baths
- 1,764 sq. ft.
- Multi-family
- Active
Listed by: dylan brazil
Office: commercial r.e. investors, inc
MLS#:226049388
Source:MFMLS
Price summary
- Price:$1,000,000
- Price per sq. ft.:$566.89
About this home
Rare 13-unit mixed-use income opportunity in Sacramento's Gardenland neighborhood, delivering immediate cash flow at a 6.88% cap rate. Priced at $1,150,000 ($88,462/unit) on a 0.47-acre corner lot. Diversified rent roll spans seven individually metered RV pads, four detached studios in a single-story four-plex, one cottage-studio, and one cottage-one-bedroom generating $134,400 in gross annual rental income. RV tenants pay their own electric (owner reads individual meters monthly and bills back) plus propane; city water, sewer, and garbage are included. The four-plex and cottages are wood-frame construction originally built in 1949. Central North Sacramento location 1.4 miles from Arden/Del Paso Station and within walking distance of Northgate Plaza; Walk Score 74, Bike Score 93. Quick access to I-5, I-80, and Downtown Sacramento; 11 miles to Sacramento International Airport. Twin Rivers Unified School District. Ideal for a 1031 exchange buyer seeking stabilized small-footprint cash flow with organic rent-growth potential. Contact listing agents for financials, rent roll, and tour scheduling....
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Home facts
- Year built:1949
- Listing ID #:226049388
- Added:58 day(s) ago
- Updated:June 19, 2026 at 02:45 PM
Rooms and interior
- Flooring:Varies by Unit
- Living area:1,764 sq. ft.
Heating and cooling
- Cooling:Varies by Unit
- Heating:Varies by Unit
Structure and exterior
- Roof:Composition Shingle
- Year built:1949
- Building area:1,764 sq. ft.
- Lot area:0.47 Acres
- Lot Features:Landscape Front
- Construction Materials:Frame, Stucco
- Exterior Features:Covered Patio, Varies by Unit
- Foundation Description:Concrete Perimeter, Raised Foundation
- Levels:1 Story
Utilities
- Sewer:Public Sewer
Finances and disclosures
- Price:$1,000,000
- Price per sq. ft.:$566.89
Features and amenities
- Laundry features:Varies by Unit
Parking
- Total parking spaces:13
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