10613 Olson Drive, Rancho Cordova, CA 95670, Rancho Cordova, 95670 - 3 bed, 2 bath
10613 Olson Drive
Rancho Cordova, CA 95670
Property Price
SUMMARY
Analysis of 10613 Olson Drive, Rancho Cordova, CA 95670 reveals a Prime Investment Opportunity with a current list price of $410,000—significantly undercutting the $423,642 Fair Market Value by 3%. This valuation gap indicates a +$13,642 Instant Equity potential for buyers. The property maintains a Good Condition Rating (78/100), reflecting solid structural condition with well-maintained systems. The property presents an attractive opportunity for buyers seeking a move-in ready home. Located in a high-demand neighborhood within the Rancho Cordova Unified School District, this asset is categorized as a low-risk, high-reward acquisition suitable for both Buy-and-Hold Investors and Owner-Occupants willing to undertake light renovation work.
Estimated Market Value
Comparable Sales Map
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 10613 Olson Drive Subject | $410,000* List Price | 3 | 2 | 1,164 | $364 | - |
A 2672 Ellenbrook Drive Sold | $455,000 | 3 | 2 | 1,103 | $413 | 0.8 mi |
B 10470 Spaulding Way Sold | $419,000 | 4 | 2 | 1,280 | $327 | 0.5 mi |
C 10518 Mills Acres Circle Sold | $400,000 | 3 | 2 | 1,144 | $350 | 0.5 mi |
D 2913 Mills Park Drive Sold | $410,000 | 3 | 2 | 1,164 | $352 | 0.2 mi |
E 2914 Weston Way Pending | $419,000 List Price | 3 | 1 | 1,098 | $382 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
OVERALL CONDITION SCORE
Property is move-in ready.
Although built in 1957, the property is in move-in ready, turnkey condition. It features critical infrastructure upgrades including newly updated electrical and a roof in great condition. The interior is well-maintained with functional kitchen and bathroom spaces, meeting the criteria for a home that requires no immediate renovation and shows minimal wear for its age.
PROSSTRENGTHS & OPPORTUNITIES
- Major System Upgrades
The property features newly updated electrical and a roof in great condition, significantly reducing immediate capital expenditure and providing peace of mind for the buyer.
- Prime Location & Walkability
Boasting high walkability to major retailers, grocery stores, and dining, the home also offers excellent freeway access for convenient commuting to Sacramento and Folsom.
- Turnkey Condition
This well-cared-for, move-in-ready single-story home is ideal for first-time buyers or investors seeking a low-maintenance, turnkey rental opportunity.
CONSRISKS & DEFICIENCIES
- Dated Construction Era
Built in 1957, the home may lack the open-concept layout, energy efficiency, and modern insulation standards found in newer residential builds.
- Modest School Ratings
The assigned elementary, middle, and high schools all carry a rating of 4, which may be a drawback for families prioritizing high-performing school districts.
About 10613 Olson Drive
Charming Single-Story Gem in the Heart of Rancho Cordova - Move-In Ready! Discover the perfect blend of comfort and connectivity at 10613 Olson Drive. Tucked away in a quiet, established neighborhood, this well-cared-for 3-bedroom, 2-bathroom single-story home is an ideal opportunity for first-time homebuyers or savvy investors looking for a solid addition to their portfolio. Peace of mind comes standard here with major big-ticket items already addressed featuring newly updated electrical and a roof that is in Great condition. Location is everything! Enjoy the best of Rancho Cordova with incredible walkability to major retailers, grocery stores, and diverse dining options. Commuters will love the convenient freeway access, making the drive to downtown Sacramento or up the hill to Folsom quick and easy. Whether you are looking to put down roots or seeking a turnkey rental property, this home checks every box.
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1957
- Lot Size
- 6,970 Sq. Ft.
Interior
- Total Bedrooms
- 3
- Total Bathrooms
- 2 (2 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $0 / Month
Neighborhood Insights
Rancho Cordova Unified Schools
White Rock Elementary School
Grades K-6 • 0.6 mi
Mills Middle School
Grades 6-8 • 0.6 mi
Cordova High School
Grades 9-12 • 1.0 mi
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 3.0 | 50% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 1,164 | 1,611 | 14% |
| Lot Size | 6,970 | 7,031 | 49% |
| Price | $410.0K | $500.0K | 19% |
| Price per sq ft | $352 | $322 | 74% |
| Built year | 1957 | 1978 | 9% |
| HOA | $0 | $0 | 50% |
| Days on market | 7 | 177 | 1% |
Pricing History
Listed for Sale
Feb 28, 2026
$410,000
Initial Listing
Sold
Jan 22, 2016
$207,000
Public Record
Sold
Oct 5, 2006
$350,000
Public Record