2955 Portsmouth Drive, Rancho Cordova, CA 95670, Rancho Cordova, 95670 - 8 bed, 8 bath
2955 Portsmouth Drive
Rancho Cordova, CA 95670
Property Price
SUMMARY
Analysis of 2955 Portsmouth Drive, Rancho Cordova, CA 95670 is currently available with a list price of $897,000. 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.
Condition Analysis
OVERALL CONDITION SCORE
Property is move-in ready.
The property, built in 1963, is described as 'fully occupied and updated' with 'newer appliances' and an 'updated roof,' indicating significant renovations. Images show clean, functional kitchens with tile countertops and white appliances, and updated flooring (LVP and carpet) throughout. While the kitchen and bathroom styles are not modern, they are well-maintained and move-in ready, aligning with the 'Good' category for properties with substantial updates within the last 5-15 years despite older original construction.
PROSSTRENGTHS & OPPORTUNITIES
- Stable Income & High Occupancy
The property is fully occupied, providing immediate and stable rental income, making it an attractive turnkey investment for buyers.
- Significant ADU Development Potential
Ample backyard space allows for the addition of two Accessory Dwelling Units (ADUs), offering substantial future income growth and increased property value.
- Extensive Modern Updates
All units feature updated kitchens with newer appliances, tile countertops, and in-hall washer/dryer hookups, enhancing tenant appeal and reducing immediate capital expenditures.
CONSRISKS & DEFICIENCIES
- MLS Listing Discrepancy
Living area discrepancy between mls listing and other public or private record. mls listing living area = 1746, other record living area = 3570.
- Age of Original Construction
Built in 1963, the property's underlying structure is over 60 years old, which may lead to higher long-term maintenance requirements or potential for unforeseen issues with older systems not explicitly updated.
- Potentially Compact Unit Sizes
With 1746 sqft for four units (8 beds, 8 baths), the individual unit sizes may be relatively compact, potentially limiting the tenant demographic or rental rate ceiling compared to properties with larger units.
About 2955 Portsmouth Drive
Fully occupied and updated fourplex in a highly sought-after Rancho Cordova neighborhood. All units feature updated kitchens with newer appliances, tile countertops, in-hall washer and dryer hookups, and at least 1.5 baths. One unit includes two full baths, adding strong rental appeal. A recent $6000 dollar stair upgrade meets new fourplex code requirements. The roof has been updated and meets insurance standards with a favorable $2600 annual premium. The property includes four parking spots with the potential to add four more. Turnkey, well maintained, and tenant loved. The backyard has enough space for 2 ADUs for additional income. Perfect for investors seeking stable income and long-term value.
Property Details
Public Facts
- Property Type
- Quadruplex
- Year Built
- 1963
- Lot Size
- 9,274 Sq. Ft.
Interior
- Total Bedrooms
- 8
- Total Bathrooms
- 8 (8 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 • 0.5 mi
Mills Middle School
Grades 6-8 • 0.9 mi
Cordova High School
Grades 9-12 • 1.1 mi
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 8.0 | 4.0 | 89% |
| Baths | 8.0 | 3.0 | 89% |
| Square foot | 1,746 | 1,985 | 33% |
| Lot Size | 9,274 | 7,841 | 78% |
| Price | $897.0K | $547.5K | 89% |
| Price per sq ft | $514 | $273 | 78% |
| Built year | 1963 | 1977 | 11% |
| HOA | $0 | $0 | 50% |
| Days on market | 37 | 191 | 11% |
Pricing History
Listed for Sale
Jan 29, 2026
$897,000
Initial Listing
Sold
Jul 19, 2018
$497,000
Public Record
Sold
Mar 28, 2013
$285,000
Public Record
Sold
Mar 30, 2012
$160,500
Public Record
Sold
Oct 1, 2004
$505,000
Public Record