
Rancho Cordova, CA 95670
This Duplex Residential Income property is a Strong Value Opportunity, listed at $615,000—positioned well below the $648,936 Fair Market Value by 5%. This valuation gap offers $33,936 in Instant Equity. With a Good Condition Rating, the property features a 2022 remodel, new HVAC, and a 2025 water heater. The flexible layout, including a permitted bonus room and large fenced backyards, makes this an ideal asset for Buy-and-Hold Investors or Owner-Occupants seeking to offset mortgage costs through house hacking.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 2732 El Caprice Drive Subject | $615,000* List Price | 5 | 4 | 2,418 | $305 | - |
A 2908 Dain Court Pending | $595,000 List Price | 6 | 4 | 2,134 | $279 | 0.3 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
The property is a 1980 build that has been well-maintained with key updates. One unit was remodeled in 2022 (within the <5y window for Excellent, but the overall property age and popcorn ceilings suggest Good), and it features a new HVAC and a 2025 water heater. It is move-in ready and functional for a rental or owner-user.
The duplex configuration with one vacant, remodeled unit and one occupied unit offers immediate cash flow or a 'house hacking' opportunity for owner-occupants to offset mortgage costs.
Significant recent upgrades, including a 2022 remodel, a new HVAC system, a new water heater (2025), and a clear pest report, significantly reduce immediate maintenance liabilities.
The property features large fenced backyards for both units and a permitted bonus room in the second unit, providing rare flexibility for a home office or additional living space.
The assigned public schools carry ratings between 3 and 4, which may limit the property's appeal to families prioritizing high-performing educational districts.
Built in 1980, the property may require ongoing attention to original structural or utility components that were not included in the recent interior cosmetic updates.
Hot Investment Opportunity! - Add this turn-key asset to your rental portfolio or live in one unit while letting the tenant pay your mortgage. Unit 2732 is currently vacant and was beautifully remodeled in 2022, offering a fresh, contemporary living space, along with a new water heater in 2025. Unit 2734 is occupied with a long-term tenant and just had a new HVAC unit installed and offers a permitted extra room offering incredible flexibility for a home office, gym, or spare room. Both units offer large rooms, large fenced backyards and are conveniently located near excellent transit options and the Folsom Lake College Extension, shopping, and dining. The property has a recent clear pest inspection. This 3 bed/2 bath, 2 bed/2 bath property won't last long. Schedule your private tour today and see the value for yourself!
No exterior & parking available.
Grades K-5 • 0.3 mi
Grades K-6 • 0.7 mi
Grades 6-8 • 0.8 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 5.0 | 4.3 |
| Baths | 4.0 | 2.3 |
| Square foot | 2,418 | 1,784 |
| Lot Size | 10,054 | 8,854.333 |
| Price | $615.0K | $547.2K |
| Price per sq ft | $254 | $388 |
| Built year | 1980 | 1966 |
| HOA | $0 | $0 |
| Days on market | 95 | 54 |
Jun 6, 2026
$615,000
Initial Listing
Oct 28, 2015
$295,000
Public Record
Mar 5, 2002
$185,000
Public Record