For Sale

420 cleveland Avenue, Sacramento, CA 95833

420 cleveland Avenue, Sacramento, Sacramento, CA, 95833
4 months ago
Views: 37

$1,000,000(Negotiable)

Overview

3486055

Type

5 or More Units

Parking

Yes

Sqft

1764

Build Year

1949

Purpose

For Sale

Lot Size

0.47 acres

About This Listing

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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MetroList CA data Last Updated: May 18, 2026, 5:29 pm

Data Source: SACM