420 Cleveland Ave, Sacramento, CA, 95833
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 flow with organic rent-growth potential. Contact listing agents for financials, rent roll, and tour scheduling.
Getting Around
Very Walkable
Some Transit
Biker's ParadiseSchools
Construction
Condition
- Year built: 1949
Materials
- Roof: Composition
- Construction materials: Stucco,Frame
Type & Style
- Home type: MultiFamily
- Architectural style: Ranch,Cottage
- Property subType: 5 or More Units
Interior
Appliances
- Appliances included: Varies By Unit
Bedrooms & Bathrooms
- Bedrooms: 1
- Bathrooms: 3
- Full bathrooms: 3
Features
- Flooring: Varies
Heating & Cooling
- Heating features: Varies by Unit
- Cooling features: Varies by Unit
Interior Area
- Total interior livable area: 1,764 sqft
Property
Accessibility
- Accessibility features: Other
Details
- Zoning description: R-1
- Special condition: Standard
- Other equipment: None
Features
- Levels: One
- Stories: 1
- Exterior features: Yard Space
- Fencing: Fenced
Lot
- Lot size: 0.47 Acres
Parking
- Total spaces: 13
- Parking features: Open,Uncovered
- Has uncovered spaces: Yes
Climate Risk is Financial Risk
Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.
Biggest Threats for This Home
- Earthquake
How This Home’s Risks Compare
FEMA Declared Disasters in Sacramento County and California
Understanding the Costs
Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.
Estimated Costs Today
| Monthly | Annual | |
|---|---|---|
| Mortgage | $5,056 | $60,672 |
| Home Insurance * | $262 | $3,144 |
| Property Taxes | $633 | $7,596 |
| Electricity | $398 | $4,786 |
| Total | $6,349 | $76,188 |
Income You'd Need if You Spent...
California FAIR Plan Programs
How Costs Could Change Over Time
Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.
Comparing Against the Market
Price Per Sq Ft
vs Other Active Listings
Avg $/sqft
vs Homes Sold Last Month
Median $/sqft
Current Market Trends
Median Price Per Square Foot
The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.
Historicals for This Listing
Zestimate History ($/sqft)
Price History
| Date | Event | Price |
|---|---|---|
| 2026-04-21 | Listed for sale | $1,150,000 |
| 2026-03-16 | Listing removed | $1,150,000 |
| 2026-01-26 | Listed for sale | $1,150,000 |
| 2022-01-01 | Listing removed | -- |
| 2021-05-29 | Listed for sale | $639,000 |
| 2021-05-25 | Pending sale | $639,000 |
| 2021-03-17 | Listed for sale | $639,000 |
| 2021-03-16 | Contingent | $639,000 |
| 2021-01-06 | Listed for sale | $639,000 |
| 2020-11-14 | Pending sale | $639,000 |
| 2020-02-08 | Listed for sale | $639,000 |
| 2019-05-09 | Listing removed | $649,000 |
| 2019-04-23 | Pending sale | $649,000 |
| 2019-04-20 | Listed for sale | $649,000 |
| 2019-04-18 | Pending sale | $649,000 |
| 2019-03-29 | Price change | $649,000 |
| 2018-10-27 | Price change | $650,000 |
| 2018-08-08 | Price change | $675,000 |
| 2018-04-15 | Listed for sale | $680,000 |
| 2013-10-31 | Sold | $284,000 |
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