2704 Aramon Drive, Rancho Cordova, CA 95670, Rancho Cordova, 95670 - 4 bed, 2 bath
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Rancho Cordova, CA 95670
Analysis of 2704 Aramon Drive, Rancho Cordova, CA 95670 is currently available with a list price of $699,950. The property maintains a Excellent Condition Rating (95/100), indicating excellent structural integrity and modern finishes throughout. This turnkey property requires minimal updates and is ready for immediate occupancy. Located in a high-demand neighborhood within the Rancho Cordova Unified School District, this asset is categorized as a low-risk, high-reward acquisition suitable for both Buy-and-Hold Investors and Owner-Occupants willing to undertake light renovation work.
Property is new construction or fully renovated.
The property underwent significant capital improvements in December 2024, including a new 50-year roof, HVAC system, water heater, and attic insulation. The interior is fully updated with modern laminate flooring, a contemporary kitchen featuring stainless steel appliances and stone countertops, and renovated bathrooms. All major systems and cosmetic finishes are new or virtually new, meeting the criteria for excellent condition with no deferred maintenance.
This established CoLiving property generates a strong gross monthly rent of $5,925 with a decade-long track record of high occupancy and low expenses.
Major upgrades completed in December 2024, including a new 50-year roof, HVAC system, and water heater, significantly reduce immediate maintenance liabilities for the buyer.
The large 9,361 sqft lot provides significant upside through a potential garage conversion or the addition of an ADU to further increase rental yield.
Living area discrepancy between mls listing and other public or private record. mls listing living area = 624, other record living area = 1694.
The property packs 4 bedrooms and 2 bathrooms into just 624 square feet, resulting in exceptionally cramped living quarters that may limit appeal to traditional long-term tenants.
At a list price of nearly $700,000 for a very small 1955 structure, the valuation is heavily dependent on the business model rather than the intrinsic value of the physical building.
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.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 4.0 | 4.0 | 50% |
| Baths | 2.0 | 2.5 | 50% |
| Square foot | 624 | 2,000 | 17% |
| Lot Size | 9,361 | 8,050 | 67% |
| Price | $700.0K | $554.8K | 83% |
| Price per sq ft | $1.1K | $283 | 83% |
| Built year | 1955 | 1977 | 17% |
| HOA | $0 | $0 | 50% |
| Days on market | 53 | 104 | 17% |
Feb 28, 2026
$699,950
Initial Listing
Jan 23, 2014
$245,000
Public Record
May 30, 2013
$172,000
Public Record
Oct 14, 2005
$315,000
Public Record