| Summary | National Percentile | Rank vs Metro |
|---|---|---|
| Housing | 73rd | Good |
| Demographics | 61st | Good |
| Amenities | 9th | Poor |
Multifamily Valuation
| Property Details | |
|---|---|
| Address | 2091 W La Loma Dr, Rancho Cordova, CA, 95670, US |
| Region / Metro | Rancho Cordova |
| Year of Construction | 1978 |
| Units | 40 |
| Transaction Date | 2006-03-02 |
| Transaction Price | $2,670,000 |
| Buyer | VC BUNGALOW APARTMENTS LLC |
| Seller | 29SC ATHOL LLC |
2091 W La Loma Dr Rancho Cordova Multifamily Investment
Neighborhood-level occupancy trends have been resilient, and renter demand is supported by a sizable local tenant base, according to WDSuite’s CRE market data. For investors, this points to steady leasing fundamentals with room to optimize operations rather than relying solely on outsized rent growth.
The property sits in a suburban pocket of Rancho Cordova within the Sacramento metro, where the neighborhood is rated C and ranks 402 out of 561 metro neighborhoods. That positions it below the metro median but still within competitive reach of the broader market. Local living conveniences are limited within the immediate neighborhood, yet regional access to jobs and services across Sacramento helps sustain renter interest.
Rents in the neighborhood benchmark in the upper tier nationally (84th percentile), while the rent-to-income ratio trends lower than the national median (24th percentile). For investors, this combination can support retention and measured pricing power, a view reinforced by housing metrics that place the area above national medians, based on CRE market data from WDSuite.
The property’s 1978 vintage is slightly older than the neighborhood’s average construction year (1981). That suggests planning for near-to-medium term capital items and offers potential value-add through targeted renovations to improve competitive positioning against newer stock.
Tenure patterns indicate a moderate renter-occupied share at the neighborhood level, while the surrounding 3-mile area shows a deeper renter base. Demographic statistics aggregated within a 3-mile radius point to population and household growth over recent years, with forecasts calling for additional household gains and a gradual reduction in household size. These trends imply a larger tenant base and steady demand for smaller-format rentals, supporting occupancy stability.
Home values in the neighborhood are elevated versus national norms (83rd percentile), signaling a high-cost ownership market in regional context. That backdrop generally sustains reliance on multifamily housing and can aid lease retention, even as investors should monitor affordability pressure and manage renewal strategies accordingly.
Safety indicators compare favorably to national medians, with violent offense measures trending in a stronger national percentile and property offense near the national midpoint. Recent year-over-year readings show notable improvements in both categories, indicating a constructive trajectory. Conditions can vary within short distances, so investors typically evaluate site-specific lighting, visibility, and access control as part of standard diligence.
Within the Sacramento metro, comparative positioning can be mixed across neighborhoods. Interpreting ranks and percentiles together suggests the immediate area performs above national averages on several safety dimensions while still warranting routine property-level risk management and resident experience investments.
Nearby employment nodes span distribution, healthcare logistics, technology, and manufacturing support functions, which collectively underpin workforce renter demand and commute convenience for this neighborhood. The employers below reflect the closest concentration likely to influence leasing stability.
- DISH Network Distribution Center — distribution and logistics (5.1 miles)
- Cardinal Health — healthcare logistics (7.7 miles)
- Intel Folsom FM5 — technology and engineering (9.3 miles)
- International Paper — paper and packaging (11.9 miles)
- Xerox State Healthcare — healthcare services administration (12.9 miles)
This 40-unit asset with smaller average unit sizes positions well for workforce and single-occupant demand segments. Neighborhood rents sit in a higher national bracket while rent-to-income metrics lean favorable for retention, suggesting potential for steady occupancy and disciplined rent management. According to commercial real estate analysis from WDSuite, the surrounding 3-mile area shows continued population and household growth with a projected expansion in households and a slight downshift in household size — all supportive of a larger renter pool and durable leasing fundamentals.
Built in 1978, the property may benefit from targeted system upgrades and in-unit refreshes to sharpen competitiveness versus newer stock. Elevated home values in the neighborhood relative to national norms reinforce sustained reliance on rental housing, while the broader employment base across Rancho Cordova and Folsom provides a steady draw for renters. Execution focus should balance operational improvements with prudent capital planning and ongoing affordability monitoring.
- Upper-tier neighborhood rent positioning with relatively manageable rent-to-income dynamics supports retention
- Smaller average unit sizes align with demand from singles and workforce renters, aiding lease-up and occupancy stability
- 1978 vintage presents value-add potential via selective renovations and system modernization
- Regional employment access (distribution, healthcare logistics, technology) underpins consistent renter demand
- Risks: amenity-light immediate area and capital needs for an older asset require active management and leasing strategy