3355 Lerwick Rd - Apartments FOR SALE


Sacramento, CA 95821- Outer Arden-Arcade
$1,795,000 USD
707-867-5851
3355 Lerwick Rd, Sacramento, CA for Sale
$1,795,000 USD
Apartments - FOR SALE
1/26
null | 6.52% Cap Rate

3355 Lerwick Rd
Sacramento, CA 95821
Outer Arden-Arcade


HIGHLIGHTS

  • All units completely remodeled- nice appliances, in unit laundry
  • All SB 721 Compliance work completed
  • Both commerical and residential financing options availble.

OVERVIEW

Turnkey Multifamily Opportunity | Dual Fourplexes in Sacramento 3359 & 3355 Lerwick Rd, Sacramento, CA 95821 An exceptional, high-yielding investment opportunity featuring two turnkey fourplexes (8 total units) in a desirable Sacramento location. Delivered with major capital expenditures complete and strong existing cash flow, this portfolio offers immediate, hands-off income for discerning investors. Key Investment Highlights • Flexible Financing Options: Purchase with either commercial or residential financing, allowing for optimized leverage and competitive interest rates. • Fully Remodeled Units: Every unit features fully updated interiors, offering a modern, tenant-demanded living experience with zero initial deferred maintenance. • Spacious Floor Plans: Generous layouts exceeding 900+ sq. ft. per unit, driving high tenant retention and premium rental rates. • In-Unit Amenities: Every unit is equipped with individual in-unit washers and dryers—a major competitive edge in the local rental market. • Fully Compliant (SB 721): All Exterior Elevated Elements (EEE) inspection and structural maintenance work required under California SB 721 have been completed, protecting your investment and minimizing future capex. • Strong, Immediate Cash Flow: Positioned to deliver robust yields from day one with heavy maintenance and major capital improvements already satisfied. Agent Note: Units can be purchased together to maximize yield or evaluated individually. Contact listing agent for full rent roll, financial disclosures, and private showing instructions.

FOR SALE DETAILS

PRICE

$1,795,000 USD

PRICE/SF

$248 USD /SF

# OF UNITS

8

PRICE/UNIT

$224,375

CAP RATE

6.52%

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1963

PARKING SPACES

12

LAND DETAILS

LAND ACRES

0.33 AC

LAND SF

14,372 SF

ZONING

RD20, Sacramento

APN/PARCEL ID

254-0131-035

ASK ABOUT THIS PROPERTY

Phil McDanielNorth Coast Commercial, Inc.More Info
707-867-5851

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Phil McDanielNorth Coast Commercial, Inc.More Info
707-867-5851

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.