2278 La Grama Drive, Rancho Cordova, CA 95670, Rancho Cordova, 95670 - 5 bed, 3 bath
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Rancho Cordova, CA 95670
This property presents a High-Potential Investment Opportunity with a List Price of $500,000—positioned slightly above the $497,017 Fair Market Value by 0.6%. While the home is in Fair Condition Rating (4), the newer HVAC and roof mitigate major capital risks. The residence offers five bedrooms and proximity to American River trails, providing a solid foundation for cosmetic value-add projects. This is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants looking to build equity through strategic interior updates.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 2278 La Grama Drive Subject | $475,000* List Price | 5 | 3 | 2,024 | $238 | - |
A 2644 Tronero Way Sold | $450,000 | 4 | 2 | 1,612 | $279 | 0.8 mi |
B 10336 Daniel Way Sold | $399,900 | 3 | 2 | 1,396 | $286 | 0.7 mi |
C 2701 El Caprice Drive Sold | $372,500 | 3 | 2 | 1,225 | $304 | 0.4 mi |
D 9916 El Chorlito Drive Active | $599,000 List Price | 4 | 3 | 2,110 | $284 | 0.4 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1967 and described as being in original condition, the property features dated interiors including popcorn ceilings and older carpeting. While it requires cosmetic updates and minor repairs, the inclusion of a newer HVAC system and roof prevents a lower rating, as the primary systems have been maintained.
Situated on a quiet, tree-lined street with immediate access to the American River's biking and walking trails, offering an ideal lifestyle for outdoor enthusiasts.
The property features a newer HVAC system and roof, providing peace of mind and reducing immediate capital expenditure on high-cost maintenance items.
The potential for a VA loan assumption at a competitive interest rate and access to a concierge program for cosmetic repairs offers significant financial flexibility for buyers.
The home is in its original condition and requires cosmetic updates and minor repairs to meet modern aesthetic standards and maximize its market value.
The local public schools carry lower ratings (ranging from 3 to 4), which may be a consideration for families prioritizing high-performance educational districts.
Incredible value and the best priced home per square foot in the area. Located on a quiet tree lined street in a great pocket of well cared for homes, With easy access to the open space areas of the American River, biking and walking trails. The residence features five well-proportioned bedrooms, providing ample private space for all. Property is in original condition with cosmetic updates and minor repairs needed. Newer hvac system. Ask about our Concierge program that can do cosmetic repairs and updating with no out of pocket expenses Possible VA loan assumption at a fantastic interest rate.
No exterior & parking available.
Grades K-5 • 0.2 mi
Grades K-6 • 0.6 mi
Grades 6-8 • 0.8 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 5.0 | 0.0 |
| Baths | 3.0 | 0.0 |
| Square foot | 2,024 | - |
| Lot Size | 6,761 | - |
| Price | $475.0K | $552.9K |
| Price per sq ft | $235 | $296 |
| Built year | 1967 | 0 |
| HOA | $0 | $0 |
| Days on market | 44 | 65 |
Jul 16, 2026
$475,000
$500,000
-5% Price Drop
Initial Listing
Jun 8, 2026
$500,000
Initial Listing
Sep 21, 2015
$295,000
Public Record
May 11, 2007
$399,000
Public Record