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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



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
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.
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2704 Aramon Dr
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