2643 Furmint Way, Rancho Cordova, CA 95670

Property Description

Excellent investment opportunity in the heart of Rancho Cordova! This well-located eight-unit apartment property consists entirely of spacious two-bedroom, one-bath residences averaging approximately 926 square feet. Each unit features its own in-unit laundry—an attractive and highly desirable amenity for tenants—plus convenient on-site parking. The property is just minutes from Highway 50 and close to Walmart, Safeway, Target, Ross, KP International Market, restaurants, shopping, and everyday conveniences. The Zinfandel light-rail station is also within walking distance, providing residents with easy access to public transportation. Approximately $120,000 has been invested in property improvements, including the recent replacement of all eight electrical panels. Most units have already been renovated, helping reduce near-term improvement expenses. Current rents are below market, creating a compelling value-add opportunity for an investor seeking increased rental income and long-term appreciation. With spacious units, desirable amenities, completed upgrades, strong transportation access, and significant rental upside, this property offers excellent potential to improve cash flow and maximize future returns.