10305 Mills Station RdRancho Cordova, CA 95670

Property Details for 10305 Mills Station Rd

Year built

1972

Lot size

0.28 AC

Property size (Sq ft)

8,536 SF

Property type

Residential income properties

Property subtype

Multifamily properties

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.

Location Insight

City

Rancho Cordova

County

Sacramento

State

California

Latitude

38.585

Longitude

-121.308

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