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2704 Aramon Dr, Rancho Cordova, CA, 95670

1beds
2baths
1,694sqft
$699,950
$413price/sqft
$4,903/moest. monthly cost
$196,120/yrincome needed

About This Home

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.

Getting Around

69
WalkingSomewhat Walkable
46
TransitSome Transit
67
BikeBikeable

Schools

2/10
Mills Middle SchoolGrades 6-80.5 mi
4/10
Cordova High SchoolGrades 9-120.7 mi

Construction

Condition

  • Year built: 1955

Materials

  • Roof: Composition,See Remarks
  • Construction materials: Concrete,Stucco,Wood

Type & Style

  • Home type: MultiFamily
  • Architectural style: Ranch
  • Property subType: Other

Interior

Appliances

  • Appliances included: Free-Standing Refrigerator,Dishwasher,Microwave,Disposal,Plumbed For Ice Maker,Free-Standing Electric Range

Bedrooms & Bathrooms

  • Bedrooms: 1
  • Bathrooms: 2
  • Full bathrooms: 2

Features

  • Flooring: Carpet,Tile,Laminate,Linoleum

Heating & Cooling

  • Heating features: Central
  • Cooling features: Ceiling Fan(s),Central Air

Interior Area

  • Total interior livable area: 1,694 sqft

Property

Details

  • Parcel number: 05701620080000
  • Zoning description: RD-5
  • Special condition: Standard

Features

  • Levels: One
  • Stories: 1
  • Exterior features: Yard Space
  • Fencing: Fenced

Lot

  • Lot size: 9,361 sqft

Parking

  • Total spaces: 5
  • Parking features: On Street,Garage,Garage Door Opener
  • Has garage: Yes
  • Attached garage spaces: 1
  • Covered spaces: 1