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420 Cleveland Avenue, Sacramento, CA 95833

Sacramento
Local realty services provided by:CENTURY 21 Sierra Properties
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...

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Home facts

  • Year built:1949
  • Subdivision & Development:Gardenland
  • Listing ID #:226049388
  • Added:145 day(s) ago
  • Updated:September 14, 2026 at 03:17 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
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: September 14, 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. MFMLS Member Broker: Jesse Gibbs

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