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$1,150,000

For Sale

2 days ago

420 , Sacramento, CA

House

MLS® 226049388

0 Bed

0 Bath

1764 sqft

13 Parking

  • Key Facts
  • Description
  • Map

Key Facts

Type Multi Family
Levels Residential Income
Size 1764 sqft
Garage 
Taxes 
Days Active 2
Lot Size 
Approx. Age 1949
Avg. Price Per Sqft $651
MLS® Number 226049388

Property Address: 420 Cleveland Avenue, Sacramento, CA, 95833

Average square foot calculated using Size range provided by listing agent.

Description

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.
MLS® Number226049388
Laundry Level
Central VacNo
FireplaceNo
Acreage
Exterior
Garage
Approx. Age1949
BasementNone
DrivewayOpen, Uncovered
Garage Spaces
Heat
A/C
Heating Fuel

Extras

Price History

-End Date
Not Sold YetSold Price

For Sale

Apr 21, 2026List Date
$1,150,000List Price
  • Commute

Commute

Starting Address
Destination Address
420 , Sacramento, CA

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