2040 Benita Drive 4, Rancho Cordova, CA 95670, Rancho Cordova, 95670 - 2 bed, 1 bath
Loading property details...
2040 Benita Drive 4
Rancho Cordova, CA 95670
ACTIVE
CONDITION: POOR
2Beds
1Baths
924Sq Ft
1,834Lot Size
Property Price
LIST PRICE$190,000
EST. MARKET VALUE
$190,000
SUMMARY
This property presents a High-Potential Investment Opportunity with a List Price of $190,000, currently aligned with its $190,000 Fair Market Value. While the unit requires a full rehab due to its Condition Rating of 5, the property offers significant upside for those looking to force appreciation. Located near the highly-rated Riverview Stem Elementary (9/10) and major commuter arteries, this asset is well-positioned for long-term rental demand. This is an ideal acquisition for Buy-and-Hold Investors or first-time buyers seeking a value-add project in a strategic location.
Estimated Market Value
$190,000
Based on Realkey algorithm analyzing recent comparable sales in Rancho Cordova.
Comparable Sales Map
Comparables within 1 miles sold in recently
Map unavailable.
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 2040 Benita Drive 4 Subject | $190,000* List Price | 2 | 1 | 924 | $206 | - |
A 10881 Coloma Road 1 Sold | $200,000 | 2 | 2 | 896 | $223 | 0.3 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Poor
TeardownExcellent
Property is extensive renovation needed.
The property was built in 1969 (55 years old) and the kitchen appears to be in original or significantly dated condition (>30 years) with electric coil burners, old tile countertops, and aged cabinetry. Per the criteria, the age of the finishes and lack of visible updates suggest the unit needs a full rehab.
PROSSTRENGTHS & OPPORTUNITIES
- Great Schools
Elementary School: Riverview Stem Elementary (9/10).
- Strategic Commuter Location
The property is ideally situated with easy access to Highway 50 and I-80, offering a convenient commute to Downtown Sacramento, Folsom, and major educational hubs like Sac State and Folsom Lake College.
- Proximity to Top-Rated Schools
Located just 0.3 miles from Riverview Stem Elementary, which carries a high 9/10 rating, this home provides exceptional educational value for families with young children.
CONSRISKS & DEFICIENCIES
- Extended Market Duration
With 189 days on the market, the property may be facing challenges related to its condition or perceived value, which could impact future resale liquidity.
- High Monthly Carrying Costs
The $438 monthly association fee is relatively high compared to the purchase price, which may affect buyer affordability and reduce the net cash flow for potential investors.
About 2040 Benita Drive 4
Exceptional long term real estate investment opportunity in prime Rancho Cordova location for yourself, family and investment portfolio. This 2 bedroom condo is in the heart Rancho/Fair Oaks area, minutes to many schools and other big cities - Folsom Lake College, Sac State, Cosumnes River College, top rated Folsom schools. Easy freeway access to hwy 50 and I80 to other cities like Folsom, Downtown Sacramento, and Roseville. Gated Condominium with enclosed shared garage.
Property Details
Public Facts
- Property Type
- Condominium
- Year Built
- 1969
- Lot Size
- 1,834 Sq. Ft.
Interior
- Total Bedrooms
- 2
- Total Bathrooms
- 1 (1 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $438 / Month
Neighborhood Insights
Rancho Cordova Unified Schools
Riverview Stem Elementary
Grades K-5 • 0.3 mi
9/10
Peter J. Shields Elementary School
Grades K-5 • 1.0 mi
4/10
W. E. Mitchell Middle School
Grades 6-8 • 0.8 mi
3/10
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 2.0 | 2.5 |
| Baths | 1.0 | 2.0 |
| Square foot | 924 | 1,116 |
| Lot Size | 1,834 | 2,111.75 |
| Price | $190.0K | $289.9K |
| Price per sq ft | $206 | $259 |
| Built year | 1969 | 1974 |
| HOA | $438 | $400 |
| Days on market | 216 | 89 |
Pricing History
Listed for Sale
Feb 5, 2026
$190,000
Initial Listing
Sold
Nov 27, 2013
$70,000
Public Record
Sold
Sep 30, 2011
$55,000
Public Record
Sold
Aug 22, 2011
$37,000
Public Record