| Summary | National Percentile | Rank vs Metro |
|---|---|---|
| Housing | 73rd | Good |
| Demographics | 61st | Good |
| Amenities | 9th | Poor |
Multifamily Valuation
| Property Details | |
|---|---|
| Address | 2101 W La Loma Dr, Rancho Cordova, CA, 95670, US |
| Region / Metro | Rancho Cordova |
| Year of Construction | 1978 |
| Units | 40 |
| Transaction Date | 2018-02-01 |
| Transaction Price | $4,100,000 |
| Buyer | VC BUNGALOW APARTMENTS LLC |
| Seller | 29SC ATHOL LLC |
2101 W La Loma Dr Rancho Cordova Multifamily
Positioned in a suburban pocket of Rancho Cordova with steady neighborhood occupancy, this 40-unit asset benefits from a renter base supported by rising incomes and a manageable rent-to-income profile, according to WDSuite s CRE market data. Investors should view the area s pricing and tenure mix as conducive to stable leasing with selective value-add upside.
The property sits within a suburban neighborhood of the Sacramento CRoseville CFolsom metro where neighborhood occupancy trends are healthy by national comparison (around the 65th percentile), based on CRE market data from WDSuite. Renter-occupied housing accounts for roughly a third of units in the neighborhood, indicating a moderate renter concentration that can support demand depth while limiting overexposure to turnover risk.
Livability is largely auto-oriented with limited immediate retail and daily-needs amenities within the neighborhood footprint. Residents typically rely on nearby corridors and employment nodes for services and dining, which aligns with the area s suburban pattern rather than walkable urban fabric.
Within a 3-mile radius, demographics show recent population and household growth with further increases in households projected, pointing to a larger tenant base over time. Rising median incomes in the radius strengthen the capacity to absorb rent growth and support occupancy stability, while management should remain attentive to retention as household sizes edge lower in forecasts.
Home values in the neighborhood are elevated versus many U.S. areas (nationally high percentile), which, alongside a moderate rent-to-income ratio, tends to sustain reliance on multifamily rentals and can support pricing power without overextending affordability. The asset s 1978 vintage is slightly older than the neighborhood s average stock (early 1980s), suggesting practical value-add through targeted renovations and systems upgrades to enhance competitiveness against newer product.
Safety indicators present a mixed but improving picture. Relative to the Sacramento CRoseville CFolsom metro, incidents run elevated in this neighborhood, warranting prudent property-level security and lighting plans. Nationally, however, the neighborhood scores above average for safety, and recent year-over-year declines in both violent and property offenses indicate improving trends, according to WDSuite s CRE market data.
Investors should underwrite with standard risk controls such as access control, site visibility, and community engagement to support retention and reduce preventable loss, while recognizing the positive directionality in the latest trend data.
Nearby distribution, healthcare, paper products, and semiconductor offices provide a diversified employment base that supports renter demand and commute convenience, including DISH Network Distribution Center, Cardinal Health, Intel Folsom, International Paper, and Xerox State Healthcare.
- DISH Network Distribution Center logistics & distribution (5.2 miles)
- Cardinal Health healthcare logistics (7.7 miles)
- Intel Folsom FM5 semiconductor offices (9.3 miles)
- International Paper paper & packaging offices (11.9 miles)
- Xerox State Healthcare healthcare technology services (12.9 miles)
This 40-unit, 1978-vintage property offers stable, suburban cash flow characteristics with clear value-add pathways. Neighborhood occupancy runs above national midpoints, while elevated local home values and a moderate rent-to-income profile point to durable renter reliance on multifamily. Within a 3-mile radius, population and household growth expand the tenant base, supporting leasing velocity and retention as targeted upgrades strengthen competitiveness versus early-1980s peer stock.
According to CRE market data from WDSuite, neighborhood rents benchmark high nationally yet remain supportable given income trends, reinforcing a case for disciplined renovation-led upside rather than aggressive rate strategies. Underwriting should account for enhanced site security and the asset s older systems, with capex directed to interiors, efficiency, and curb appeal to capture demand from nearby employment centers.
- Stable suburban leasing supported by above-midpoint neighborhood occupancy and expanding 3-mile renter pool
- Older 1978 vintage enables practical value-add via interior refresh and building systems upgrades
- Elevated home values and moderate rent-to-income reinforce rental demand and pricing resilience
- Proximity to logistics, healthcare, paper products, and semiconductor employers supports demand stability
- Risks: limited walkable amenities, metro-relative safety considerations, and capex needs tied to vintage