| Summary | National Percentile | Rank vs Metro |
|---|---|---|
| Housing | 68th | Fair |
| Demographics | 45th | Fair |
| Amenities | 57th | Best |
Multifamily Valuation
| Property Details | |
|---|---|
| Address | 11070 Hirschfeld Way, Rancho Cordova, CA, 95670, US |
| Region / Metro | Rancho Cordova |
| Year of Construction | 1978 |
| Units | 112 |
| Transaction Date | 2002-06-06 |
| Transaction Price | $2,914,000 |
| Buyer | VINTAGE FAIRE APARTMENTS LLC |
| Seller | 11070 VINTAGE LLC |
11070 Hirschfeld Way Rancho Cordova Multifamily Investment
This 112-unit property built in 1978 offers value-add potential in a Sacramento suburb with strong renter demand, supported by neighborhood occupancy rates of 95.5% according to CRE market data from WDSuite.
Rancho Cordova represents a stable inner suburb investment environment within the Sacramento-Roseville-Folsom metro area. The neighborhood demonstrates solid fundamentals with a 95.5% occupancy rate and 43.7% of housing units renter-occupied, positioning above the 83rd national percentile for rental share. Median contract rents of $1,613 reflect competitive pricing, while the rent-to-income ratio of 0.24 indicates manageable affordability for tenants.
Demographics within a 3-mile radius show a mature market with 67,452 residents and median household income of $98,526. Population growth of 10.4% over the past five years supports expanding renter demand, with forecasted household growth of 31.5% through 2028 indicating continued multifamily absorption potential. The area maintains strong grocery store density at 2.33 per square mile, ranking in the 86th national percentile for convenience amenities that support tenant retention.
The 1978 construction year aligns with neighborhood averages and presents capital improvement opportunities for value-add investors seeking renovation upside. School ratings average 2.5 out of 5, reflecting typical suburban performance, while restaurant density of 8.17 per square mile ranks in the 88th national percentile nationally, supporting lifestyle amenities valued by renters.
Safety metrics show moderate performance relative to the Sacramento metro area. Property crime rates of 484.6 per 100,000 residents rank 317th among 561 metro neighborhoods, placing the area in the middle tier. Notably, property crime decreased 33.4% year-over-year, ranking in the 76th national percentile for improvement trends.
Violent crime rates of 100.3 per 100,000 residents rank 340th among metro neighborhoods, with a 14.9% increase over the past year. While these metrics require ongoing monitoring, the significant property crime reduction demonstrates improving security conditions that support tenant comfort and retention strategies.
The Rancho Cordova area benefits from proximity to major technology and distribution employers that provide stable workforce housing demand.
- Intel Folsom FM5 — technology manufacturing (6.3 miles)
- DISH Network Distribution Center — telecommunications distribution (8.2 miles)
- Cardinal Health — healthcare services (10.3 miles)
- International Paper — manufacturing (14.7 miles)
- Xerox State Healthcare — business services (15.5 miles)
This 112-unit property offers compelling value-add potential in a Sacramento suburb demonstrating rental market stability. The neighborhood's 95.5% occupancy rate and strong renter concentration of 43.7% indicate sustained multifamily demand, while the 1978 vintage presents renovation opportunities for investors seeking to capture upside through capital improvements. According to multifamily property research from WDSuite, the area shows positive demographic trends with forecasted household growth of 31.5% through 2028, supporting long-term absorption capacity.
The location benefits from proximity to major employers including Intel and DISH Network within reasonable commuting distance, while grocery and restaurant amenities rank in the top 15% nationally for tenant convenience. Property crime reduction of 33.4% year-over-year demonstrates improving neighborhood conditions that support resident retention strategies.
- Strong occupancy fundamentals with 95.5% neighborhood rate and high renter concentration
- Value-add potential from 1978 vintage allowing capital improvement strategies
- Growing household base with 31.5% forecasted growth supporting rental demand
- Proximity to major technology and distribution employers within 15 miles
- Risk consideration: Monitor crime trends and school performance for tenant appeal