- For Sale $1,440,000
- Property Type Other
- Lot Size 0.56 SF
- Additional Rent Contact for pricing
- Year Built 1959
- Date Updated Dec 15, 2024
Colliers is pleased to present 3525 Norris Ave Apartments, a 5-unit multi-family apartment community in the Arcade submarket of Sacramento which borders Carmichael, CA. The subject property was built in 1959 but was completely renovated in 2023 and sits on a large 0.56-acre lot. The complex is nestled in a quiet residential neighborhood adjacent to Mira Loma High School. Residents benefit from the close proximity to Interstate 80, Arden Fair Mall, and vast amounts of shopping, dining, and employment opportunities.
The apartment community features exclusive single-story two-bedroom, one-bathroom floorplans and is zoned RD-20, which welcomes an additional five (5) units that can be developed on the site. The current ownership group has extensively rehabilitated 80% of the existing units with the scope of work including a new open-concept kitchen and living room design, new private washer/dryer enclosures on back patios/yards, and all new stainless-steel appliances, granite countertops, shaker style cabinets, dual pane windows, mini-split HVAC units, electrical panels, fixtures, can lighting, vinyl plank flooring, and fresh paint throughout.
Additional improvements include a new landscaping design in both the front and back of the property, connection to city sewer and permitted abandonment of the old septic system, and new asphalt and striping for the 2:1 ratio parking area.
The new owner will benefit from a very quiet and charming property that has recently experienced a remarkable, top-to-bottom revitalization. They will be able to improve revenues by renovating the one remaining unit and building additional dwelling units (ADU’s) on site.
Please call the brokers for more information.
Reach out to the broker for more info on lease terms and amenities
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Contacts
Location
Getting Around
-
Walk Score ®
30/100 Car-Dependent -
Transit Score ®
32/100 Some Transit -
Bike Score ®
52/100 Bikeable
- City Sacramento, CA
- Neighborhood Gary Gardens
- Zip Code 95821
- Market Sacramento
Points of Interest
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Watt/I-80
1.34 miles
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Watt/I-80 West
1.65 miles
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Roseville Road
1.87 miles
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Marconi/Arcade
3.04 miles
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Swanston
4.08 miles
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Mather Field/Mills
4.41 miles
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Butterfield
4.48 miles
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Royal Oaks
4.53 miles
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Tiber
4.61 miles
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Starfire
4.86 miles
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Arco
0.87 miles
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Shell
0.87 miles
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Circle 7
1.05 miles
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Flyers
1.11 miles
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Chevron
1.49 miles
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Gas N Go
1.49 miles
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Valero
1.54 miles
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Charger 3
1.63 miles
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Charger 2
1.63 miles
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Orbit
1.90 miles
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Parking Structure 1
1.75 miles
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Enterprise - used rental car storage
2.65 miles
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Effie Yeaw Nature Center Parking Lot
3.18 miles
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Museum Parking
3.43 miles
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Bannister Park
4.48 miles
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Lot 2 faculty/staff
5.37 miles
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Lot 1C Faculty/Staff
5.51 miles
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Parking Structure 5
5.52 miles
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Lot 1D Faculty/Staff
5.57 miles
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Parking Structure II
5.57 miles
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Mustafa Wshyar
0.99 miles
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Surf Motel 2
1.13 miles
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Surf Motel
1.14 miles
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Red Roof Inn
1.21 miles
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Courtyard Inn
1.45 miles
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Mega Inn
1.48 miles
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Ramada Sacramento
1.69 miles
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Motel 6 Sacramento North
2.12 miles
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La Quinta Inn Sacramento North
2.21 miles
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Super 8 by Wyndham Sacramento North
2.29 miles
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A&W
0.80 miles
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McDonald's
0.80 miles
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Carl's Jr.
0.80 miles
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KFC
0.81 miles
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Panda Express
0.82 miles
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Jimboy’s Tacos
0.85 miles
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Jack in the Box
1.08 miles
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Wendy's
1.24 miles
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Two Hands
1.27 miles
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Don Quixote's Mexican Grill
1.28 miles
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Mira Loma High School
0.22 miles
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Whitney Avenue Elementary School
0.25 miles
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Cowan Fundamental Elementary School
0.31 miles
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Our Lady of the Presentation Catholic School
0.45 miles
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Aldar Academy
0.52 miles
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Pasadena Avenue Elementary School
0.68 miles
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Arcade Fundamental Middle School
0.71 miles
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Western Seminary - Sacramento
0.74 miles
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Town and Country Lutheran School
0.75 miles
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Winston Churchill Middle School
1.00 miles
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ARC Childcare
1.95 miles
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Federal Building Day Care
2.40 miles
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Thomas A Edison Elementary School
2.74 miles
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Glory Children's Learning Center, Inc.
2.90 miles
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Birth & Beyond
3.38 miles
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Little Blossom Montessori School
5.79 miles
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Fair Oaks Infant Toddler Center
5.83 miles
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Cadence Academy Preschool
5.91 miles
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La Petite Academy of Gold River
6.02 miles
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Playhouse Preschool
6.50 miles
Frequently Asked Questions
The space currently listed for sale at 3525 Norris Avenue | 5 Units asks for $1,440,000.
3525 Norris Avenue | 5 Units totals 3,750 square feet.
3525 Norris Avenue | 5 Units was built in 1959.
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