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2704 Aramon Dr 1,694 SF 100% Leased Flex Building Rancho Cordova, CA 95670 $955,019 CAD ($563.77 CAD/SF) 8.27% Cap Rate

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Investment Highlights

  • Low maintenance costs, high profitability
  • Value add ready to go with adding garage conversion and ADU in backyard
  • 5 units - 1 ea hvac, fridge, washer/dryer, range, etc.

Executive Summary

Established CoLiving income property in Rancho Cordova, operating successfully as a furnished shared-living model for over a decade. The property currently generates $5,925 in gross monthly rent with a proven history of strong occupancy and low operating expenses. Significant capital improvements were completed in December 2024, including a new 50-year roof, HVAC system, water heater, and attic insulation. The sale encompasses both the real estate and approximately $9,300 in operational assets (furnishings, appliances, and household goods). To assist with a smooth handover, the seller will provide limited consultation regarding the business format and operations. The property also provides the flexibility to pivot to a mid-term or traditional long-term rental strategy. Additional upside includes the potential for a garage conversion or ADU addition (buyer to verify with local jurisdiction). The location is highly walkable to public transit, grocery stores, and retail.

Property Facts

Price $955,019 CAD
Price Per SF $563.77 CAD
Sale Type Investment
Cap Rate 8.27%
Sale Conditions
1031 Exchange
  • Business Value Included
Property Type Flex
Rentable Building Area 1,694 SF
No. Stories 1
Year Built 1955
Zoning Rd-5 - RD-5 - Parking includes 2 in driveway and 3 along the street. At least 1 tenant does not have a vehicle.

Amenities

  • Storage Space
  • Air Conditioning
  • Smoke Detector

Utilities

  • Lighting
  • Gas - Natural
  • Water - City
  • Sewer - City
  • Heating - Electric

About 2704 ARAMON DR , RANCHO CORDOVA, CA 95670

Single family residence used for CoLiving space. Garage ready for conversion to additional room. Large flat space in backyard fro ADU. Low maintenance yard. 2024: new 50-year roof, attic insulation, hvac system and ducting, water heater.

  • Listing ID: 39647500

  • Date on Market: 2026-03-03

  • Last Updated:

  • Address: 2704 Aramon Dr, Rancho Cordova, CA 95670

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