Legal Question in Business Law in California

If your articles of incorporation were properly drafted, you are permitted from a corporate governance stand point to conduct any lawful business activity. In addition, there is an implied grant of authority even in restricted articles (RARE) to conduct incidental business necessary or desirable and in conjunction with the corporate purpose. Your real issue is going to be with your landlord, as to whether subletting is a breach of the lease.

The real question may turn out to be whether the headaches of being a small-time residential landlord will detract from running the real business here. I'm not too fond of the idea of renting rooms within an apartment; that's too much "retailing" and will usually lead to roommate issues and landlord/owner problems as well. I sugest considering retaining a competent and experienced property manager rather than burdening the software corporation with the subletting activity. Also, be certain the activity is permissible under the corporation's leases and that the landlords know what you're doing.