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About this home
Turnkey Sacramento Fourplex 3359 Lerwick Road is an updated four-unit apartment property offering modernized interiors, generous unit layouts, and in-unit laundry throughout. With major capital work and SB 721 compliance already addressed, the asset offers immediate income potential and a streamlined operational profile for an investor seeking an individual fourplex acquisition. Also being offered is 3355 Lerwick Rd, next door to this building.
Multi-familyProperty Type
1962Year Built
7,144 sq ftLot Size
$244Price/Sq.Ft.
8 spacesParking
Listed by Timothy Swanston•DRE #01887506• North Coast Commercial, Inc.
Howe Edison, located between Howe Avenue and Watt Avenue, is a residential and commercial Arden-Arcade neighborhood with mid-century ranch homes and a steady retail corridor. The neighborhood’s energy concentrates around the Arden Way & Howe Avenue crossroads, where strip-center storefronts, coffee counters, and everyday services set a practical, on-the-go tone. Community touchstones include the long-running Country Club Lanes, the ice at Skatetown Ice Arena, and the local stage at B Street Theatre. Streets of mature trees and low-slung houses give many blocks a classic Sacramento feel. Nearby green space and recreation shape a routine of walks, laps, and weekend errands. Major arterials frame the area, keeping it connected to the region’s shopping and entertainment districts.
Provided by Walk Score and Local Logic
Offer insights
3359 Lerwick Rd · $898,000
$898K and above
75% chance or better to win
Why $898K+ is a strong offer
DAYS ON MARKET
15 days
The average home goes pending in 31 days.
SALE-TO-LIST
96.8%
Most homes are selling 3% below list price.
About offer insights
Property details
Interior
Exterior
Finance
Kitchen
Bathroom
Bedroom
Living
Interior features
Built-in gas oven
Built-in gas range
Dishwasher
Two levels
Laundry closet
Bedrooms
Four 2-bedroom units (each unit has 2 bedrooms)
Bathrooms
Each unit has 1 full bathroom (4 full bathrooms total)
Kitchen
Built-in gas oven
Built-in gas range
Dishwasher
Laundry & utility
Laundry closet
Separate electricity and gas meters
Flooring
Carpet
Vinyl
Heating & cooling
Wall furnace heating
Wall unit cooling
Exterior features
No notable lot features listed
7,144 sq ft lot
Home design
Residential income property (quadruplex/apartments)
Built in 1962
Two-story
Parking
Off-street parking for 8 vehicles
Construction
Year built 1962
Utilities
City utilities
Public water
Public sewer
No irrigation system
HOA & community
No homeowners association
Electricity and solar
View estimated energy costs and solar savings for this home
High Density Multifamily Residential Zoning District with maximum density of 15 du per acre; all multifamily zoning districts have the same permitted uses, except allowing a density of 20 du per acre.
Permitted uses
Include but are not limited to:
Day care facility
Housing-Single unit
Housing-Multiple units
Housing-Senior
Housing-Student
Housing-Other
Infrastructure
Public service
Educational/school
Park & open space
Climate risks
1/10 Flood Factor
Minimal risk of a flood reaching the building in the next 30 years
1/10 Fire Factor
Unlikely to be in a wildfire in next 30 years
7/10 Heat Factor
7 days above 102° expected this year, 15 days in 30 years
1/10 Wind Factor
Minimal risk of severe winds over next 30 years
10/10 Air Factor
33 unhealthy days expected this year, 38 days in 30 years
Provided by First Street
Historical weather
Sacramento, CA • 95821
Average low and high temperatures (°F)
58
40
62
44
71
47
73
49
83
55
91
58
90
59
93
62
88
61
78
54
62
46
55
44
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Sun exposure
89/ 100
Very good sunlight
Sunscore
There appears to be minimal shading by surrounding buildings, terrain, and vegetation.
9.6 hrs
6 hrs
JuneDecember
Provided by Shadowmap
Redfin Estimate for 3359 Lerwick Rd
$886,264
$12K under list price of $898K
Nearby comparable homes
The Redfin Estimate uses 6 recent nearby sales, priced between $600K to $1.1M.