
Rancho Cordova, CA 95670
This property presents a High-Potential Investment Opportunity with a List Price of $231,550—positioned well below the $279,138 Fair Market Value by 17%. This valuation gap offers $47,588 in Instant Equity for buyers capable of managing a full interior renovation. With a Condition Rating of 5, the unit requires significant reconstruction, yet its functional layout and proximity to the 9/10 rated Riverview Stem Elementary provide strong long-term upside. This is an ideal Value-Add Asset for Fix-and-Flip Investors or Contractors seeking to build equity.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1920 Benita Dr #2 Subject 3 bd · 2 ba · 1,323 sqft · $181 | $204,900* List Price | 3 | 2 | 1,323 | $181 | - |
A 1990 Benita Drive 2 Active 3 bd · 2 ba · 1,323 sqft · $212 · 0.2 mi | $280,000 List Price | 3 | 2 | 1,323 | $212 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Property is extensive renovation needed.
Built in 1972 and marketed as a fixer-upper, this property requires a full rehab. Interior photos show missing flooring with exposed subfloors, incomplete kitchen cabinetry, and significant wall damage. While some stainless appliances are present, the home is in a non-habitable state needing major interior reconstruction and likely system updates.
Elementary School: Riverview Stem Elementary (9/10).
Priced as a fixer-upper, this property presents a significant opportunity for investors or contractors to build substantial equity through renovation and modernization.
The home is located less than a mile from Riverview Stem Elementary, a highly-rated school (9/10), which significantly enhances the property's desirability for families.
The property requires extensive repairs and is being sold in its current state, which may limit financing options to cash or specialized renovation loans.
The $363 monthly association fee increases the total carrying cost, which must be factored into the budget alongside the necessary renovation expenses.
Unlock the potential in this 3-bedroom, 1.5-bath condominium that's ready for your vision and creativity! This 2 story fixer-upper is an excellent opportunity for investors, contractors, or buyers looking to build equity through renovation. Featuring a functional floor plan with spacious living areas, generous-sized bedrooms, and plenty of natural light, this home offers the perfect canvas to create something special. Conveniently located near shopping, restaurants, schools, parks, and public transportation, the location adds even more value to this investment opportunity. Bring your tools, imagination, and design ideasthis property is being sold as-is and is priced to reflect its condition. Don't miss your chance to transform this diamond in the rough into a standout property!
No exterior & parking available.
Grades K-5 • 0.6 mi
Grades K-5 • 1.4 mi
Grades 6-8 • 0.6 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 2.4 |
| Baths | 2.0 | 2.0 |
| Square foot | 1,323 | 1,090.714 |
| Lot Size | 3,659 | 2,216.357 |
| Price | $204.9K | $281.4K |
| Price per sq ft | $155 | $257 |
| Built year | 1972 | 1975 |
| HOA | $363 | $423 |
| Days on market | 90 | 86 |
Oct 14, 2026
$204,900
$231,550
-12% Price Drop
Initial Listing
Jul 27, 2026
$231,550
Initial Listing
Oct 19, 2020
$270,000
Public Record
Aug 24, 2020
$208,109
Public Record