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$1,150,000

  • For Sale
  • Active
  • Multi-Family
  • 6 Total Beds
See This Home
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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!

Full Property Details for 420 Cleveland Ave

General

  • Price: $1,150,000
  • Status: Active
  • Type: Multi-Family
  • Source: METROLIST_Cali
  • MLS ID: 226008893
  • Updated: 2/2/2026
  • Added to Site: 24 day(s) ago

Interior

  • Appliances: Hood Over Range
  • Flooring: Vinyl, Wood

Rooms

Bathrooms

  • Total Bathrooms: 6
  • Full Bathrooms: 6

Bedrooms

  • Total Bedrooms: 6
  • Optional Bedroom: 13

Other Rooms

  • Kitchen: Granite Counter, Stone Counter
  • Dining Room: Dining/Family Combo
  • Laundry: Hookups Only

Parking

  • Parking: Alley Access, Private, RV Access, RV Possible

Location

  • County: Sacramento
  • Cross Streets: American
  • Driving Directions: I-5 to West El Camino, Right on Northgate, Left on Cleveland.

School Information

  • School District: Sacramento
  • Elem School District: Twin Rivers Unified
  • Midd School District: Twin Rivers Unified
  • High School District: Twin Rivers Unified

Heating & Cooling

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

Utilities

  • Sewer: Public Sewer
  • Water: Public
  • Utility Description: Public

Structural Information

  • Architectural Style: Ranch
  • Construction: Wood
  • Basement: Yes
  • Foundation: Raised
  • Roof: Shingle
  • Stories/Levels: 1
  • Square Feet: 1,764
  • Sq. Ft. Source: Assessor Agent-Fill
  • Year Built: 1949

Additional Structures

  • Other Structures: Shed(s), Storage

Lot Features

  • Lot Size (Acres): 0.47
  • Lot Size (Sq. Ft.): 20,473
  • Irrigation System: Public District
  • Zoning: R-1
  • Lot Description: Private

Disclosures and Reports

  • Special Conditions: Other
  • APN: 274-0132-015-0000

Listed by Epique Inc

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Listing agents

— 420 Cleveland Ave —

  • Epique Inc

  • Epique Inc

Get Pre-Approved Today

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Schools serving 420 Cleveland Ave

School District:Twin Rivers Unified School District
NameGradesDistance
Woodlake Elementary School
700 S.gate Rd., Sacramento, CA 95815
K-61.3 mi
Rio Tierra Junior High School
3201 N.stead Dr., Sacramento, CA 95833
7-81.1 mi
Disclaimer: School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 420 Cleveland Ave Get Price Alerts and Save Property

Date
Details
Price
Change
Source
1/26/2026
Listed
$1,150,000
85.48%
MLS
2/01/2022
Sold
$620,000
—
Public Record
Get Price Alerts and Save Property
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Tax History for 420 Cleveland Ave

Year
Property Taxes
Change
Tax Assessment
Change
2025
$9,286
5%
$657,948
2%
2023
$8,867
—
$645,048
2%
2023
$8,867
73%
$632,400
93%
2022
$5,122
-3%
$328,057
2%
2021
$5,275
1%
$321,625
1%
2020
$5,201
1%
$318,328
2%
2019
$5,135
5%
$312,087
2%
2018
$4,890
-2%
$305,969
2%
2017
$4,966
-1%
$299,971
2%
2016
$5,020
5%
$294,090
2%
2015
$4,770
-2%
$289,674
2%
2014
$4,848
21%
$284,000
21%
2013
$4,010
—
$234,342
—
View All
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

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with our affiliated lender
NMLS#: 1598647

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Listed by Epique Inc

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420 Cleveland Avenue, Sacramento, CA 95833 (MLS# 226008893) is a Multi-Family property with units containing 6 bedrooms and 6 full bathrooms. 420 Cleveland Avenue is currently listed for $1,150,000 and was received on January 26, 2026. Want to learn more about 420 Cleveland Avenue? Do you have questions about finding other Multi-Family real estate for sale in Sacramento? You can browse all Sacramento real estate or contact a Coldwell Banker agent to request more information.

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