2723 Zinfandel Dr
Rancho Cordova, CA 95670
Alicante Building · Office Property For Sale

Former Post Office constructed originally in 1957 with a hallow, concrete block structure and wood shake roof. 1,200 SF per side approximately with 0.34 acre lot with the building sitting on a diagonal in the front part of the lot. If this building were converted into a residential property, it would comfortably have a minimum of 3bds/2 full baths (or 2/1 and 1/1 minimum with the ability to be a 3/1 and 2/1 AND/OR build another duplex in the back half of the lot since sufficient space exists), a kitchen, and large extra room. The building has been zoned Commercial since it was built. The appearance of this building looks like a Duplex with a general insurance agency occupying one unit and the other unit currently vacant. This property is in need of a new roof and AC in the vacant unit. Purchaser will likely want to replace roof the roof ($20k apx), AC ($4k apx cost), and cosmetic/ minor repairs ($5k apx) = $30,000 estimated repair cost to fully rent, occupy, and cash flow at its highest and best use and potential. Complete rehab to the Alicante side was done in 2010; it just needs an air conditioner The exterior is great. Some minor repairs were made within the last 24 months. On the Alicante side, heater was replaced around 1998. On the 2723 Zinfandel Drive, Rancho Cordova, CA 95670 side, the air conditioner was replaced. - Everything was upgraded around 1975 with all new electrical panels - This building has never been a vacant building - No recent inspection reports - No other liens or encumbrances