10305 Mills Station Rd Rancho Cordova, CA 95670
- Apartment buildings
- 8,536 SF
- 0.28 lot acres
Current Use by Public Records
- Apartment buildings
Property Details for 10305 Mills Station Rd
- Year built
- 1972
- Lot size
- 0.28 lot acres
- Property size
- 8,536 SF
- Property type
- Apartment buildings
Description
This exceptional investment opportunity presents a four-unit apartment building situated on a 0.28-acre lot in Rancho Cordova, California. The property, located at 10305 Mills Station Rd, 95670, boasts a total of 8,536 square feet and comprises two, two-story buildings constructed in 1972. Each building houses two apartment units, offering a total of four rental units. The property is zoned MDR. The asking price is $1,188,000, translating to a land value of $139.18 per square foot. This represents a compelling value proposition in the thriving Rancho Cordova market. The property's location in Sacramento County provides convenient access to major transportation arteries, local amenities, and a robust rental market. The existing buildings offer a solid foundation for immediate income generation, with potential for future value appreciation and further development within the permitted zoning guidelines. The property's APN is 077-0181-020-0000. This is an ideal opportunity for investors seeking a stable, cash-flowing asset in a desirable California location. Serious inquiries are encouraged.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Rancho Cordova
- County
- Sacramento
- State
- California
- Longitude
- -121.308
- Latitude
- 38.585
