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420 Cleveland Avenue, Sacramento, CA 95833

Sacramento
Local realty services provided by:CENTURY 21 Select Real Estate, Inc.
420 Cleveland Avenue,Sacramento, CA 95833
$1,150,000
  • 6 Beds
  • 6 Baths
  • 1,764 sq. ft.
  • Single family
  • Active
Listed by: may huang, mary zhang
Office: epique inc
MLS#:226008893
Source:MFMLS

Price summary

  • Price:$1,150,000
  • Price per sq. ft.:$651.93

About this home

Rare Value-Add Investment Opportunity! Welcome to a permitted and licensed mobile home and RV park offering 13 income-producing tenants (2 cottages, 7 RV lots, and a fourplex of studios). Tenant-owned RVs and mobile homes are permanently placed and fully connected to water, sewer, and electricity, creating a low-maintenance ownership model where the owner primarily maintains structures and utility connections. Major improvements include full paving and new roofs in 2019. Updated studio units with vinyl flooring and granite top kitchen cabinets. Currently generating over $10,000/month with one vacancy, the property produces $127,000+ in annual gross income with vacancy under 1% in a stable, close-knit community. This rare hybrid asset offers diversified income, strong cash flow, and upside potential, supporting an attractive cap rate (8%) and Gross Rent Multiplier (9GRM) on purchase price. High-yield, low-maintenance, unique asset class. Bring your offer!

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Home facts

  • Year built:1949
  • Listing ID #:226008893
  • Added:49 day(s) ago
  • Updated:March 16, 2026 at 02:39 PM

Rooms and interior

  • Bedrooms:6
  • Total bathrooms:6
  • Full bathrooms:6
  • Flooring:Vinyl, Wood Floors
  • Kitchen Description:Hood Over Range
  • Living area:1,764 sq. ft.

Heating and cooling

  • Cooling:Ceiling Fan(s), Central, Wall Unit(s), Window Unit(s)
  • Heating:Wall Furnace

Structure and exterior

  • Roof:Shingle
  • Year built:1949
  • Building area:1,764 sq. ft.
  • Lot area:0.47 Acres
  • Construction Materials:Wood
  • Exterior Features:Front Porch
  • Foundation Description:Raised Foundation
  • Levels:1 Story

Utilities

  • Sewer:Public Sewer

Finances and disclosures

  • Price:$1,150,000
  • Price per sq. ft.:$651.93

Features and amenities

  • Laundry features:Hookups Only
MLS LogoMetroList MLS 2026. This information is being provided by MetroList MLS. All measurements and calculations of area are approximate. Information provided by Seller/Other sources, not verified by Broker. All interested persons should independently verify accuracy of information. Provided properties may or may not be listed by the office/agent presenting the information. Data Updated: March 16, 2026. Information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information deemed reliable but not guaranteed. Any offer of compensation is made only to Participants of MLS where the subject listing is filed and in accordance with such MLS's regulations or rules.

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