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$1,000,000

  • For Sale
  • Active
  • Single Family
  • 1,764 Sq. Ft.
  • Updated 11 days ago
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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.

Full Property Details for 420 Cleveland Ave

General

  • Price: $1,000,000
  • Status: Active
  • Type: Single Family
  • Source: METROLIST_Cali
  • MLS ID: 226049388
  • Updated: 5/18/2026
  • Added to Site: 38 day(s) ago

Rental Information

  • Lease/Rent Term: Month To Month

Interior

  • Appliances: Varies By Unit
  • Flooring: Varies by Unit

Rooms

Other Rooms

  • Laundry: Varies by Unit

Exterior

  • Exterior Features: Fenced Yard, Yard Space

Parking

  • Total Spaces: 13
  • Parking: Open, Uncovered

Location

  • Area: 10833
  • County: Sacramento
  • Subdivision: Gardenland
  • Cross Streets: Peralta Ave
  • Driving Directions: From I-5 N: Exit Garden Hwy/Richards Blvd, continue north on Garden Hwy approximately 2.5 miles, right on Peralta Ave into Gardenland, right on Cleveland Ave. Property on right, identified by CRI sign. From I-80 W: Exit Truxel Rd south, continue 1.2 miles, left on San Juan Rd, left on Peralta Ave, right on Cleveland Ave.

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: Varies by Unit
  • Heating Type: Varies by Unit

Utilities

  • Sewer: Public Sewer
  • Water: Public
  • Cable Available: Yes
  • Utility Description: Cable Available, Sewer Connected, Electric, Internet Available, Natural Gas Connected

Structural Information

  • Architectural Style: One Story Ranch, Cottage
  • Construction: Stucco, Frame
  • Basement Desc.: None
  • Foundation: ConcretePerimeter, Raised
  • Roof: Composition
  • Windows: Varies by Unit
  • Stories/Levels: 1
  • Square Feet: 1,764
  • Sq. Ft. Source: Assessor Auto-Fill
  • Year Built: 1949

Unit Information

  • Studio/Effic Units: 5

Unit 3

  • Bedrooms: 1

Lot Features

  • Property View: Varies by Unit
  • Lot Size (Acres): 0.47
  • Lot Size (Sq. Ft.): 20,473
  • Irrigation System: None
  • Topography: Level
  • Zoning: R-1
  • Lot Description: Shape Irregular, Curbs/Gutters, Sidewalk, Landscape Front

Financial Considerations

  • Tenant Pays: Electricity, Gas, See Remarks

Disclosures and Reports

  • Special Conditions: None
  • APN: 274-0132-015-0000

Listed by Commercial R.E. Investors, Inc

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Listing agent

— 420 Cleveland Ave —

  • Commercial R.E. Investors, 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 ATTOM Data Solutions 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
5/18/2026
Price Reduced
$1,000,000
-13.04%
MLS
4/21/2026
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
2024
$8,954
1%
$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 Commercial R.E. Investors, Inc

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420 Cleveland Avenue, Sacramento, CA 95833 (MLS# 226049388) is a Single Family property with 0 bedrooms and 0 full bathrooms. 420 Cleveland Avenue is currently listed for $1,000,000 and was received on April 21, 2026. Want to learn more about 420 Cleveland Avenue? Do you have questions about finding other Single 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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