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1 Bed
3 Baths
1,400 sqft

$1,000,000

420 cleveland Avenue, Sacramento CA, 95833

Price per sqft$714.29
Built in1949
Property size1,400 sqft
Property typeMulti-family

Overview

Active

Listed Apr 21, 2026

Updated Jul 4

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.

$6,653/mo

Est. mortgage payment based on a $1,000,000 home price.

All estimates are provided by Luxury Presence for informational purposes only. Actual amounts may vary.

Additional information

MLS® ID
226049388

Interior Features

Bedrooms
1
Bathrooms
3
Cooling
Yes
Heating
Yes
Basement
No

Exterior Features

Lot Size
0.47 Acres

Other Property Details

Taxes
$13,441
Tax Frequency
Annually
Maintenance Expense
$5,560
MLS provider logo

Courtesy of Commercial R.E. Investors, Inc, Dylan Brazil,
Listing Contact:  

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