
West Sacramento, CA 95691
This High-Potential Investment Opportunity is listed at a List Price of $380,000, positioned well below the $387,112 Fair Market Value by 1.8%. This gap provides $7,112 in Instant Equity. Featuring a 1,633 sqft corner layout with a versatile loft and upgraded HVAC, the property holds a Fair Condition Rating due to needed cosmetic updates. Located near Stonegate Elementary and River City High, this is an ideal acquisition for Buy-and-Hold Investors or first-time buyers seeking to build value through personalization.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 2435 Fontana St #3 Subject 2 bd · 2 ba · 1,633 sqft · $237 | $380,000* List Price | 2 | 2 | 1,633 | $237 | - |
A 2465 Fontana Street 5 Sold 2 bd · 2 ba · 1,295 sqft · $293 · 0.0 mi | $379,000 | 2 | 2 | 1,295 | $293 | 0.0 mi |
B 1268 Milano Drive 1 Sold 2 bd · 2 ba · 1,519 sqft · $267 · 0.1 mi | $405,000 | 2 | 2 | 1,519 | $267 | 0.1 mi |
C 1300 Riva Drive Sold 2 bd · 2 ba · 1,728 sqft · $240 · 0.1 mi | $415,000 | 2 | 2 | 1,728 | $240 | 0.1 mi |
D 1323 Milano Drive 2 Sold 1 bd · 1 ba · 1,185 sqft · $253 · 0.1 mi | $299,900 | 1 | 1 | 1,185 | $253 | 0.1 mi |
E 2470 Fontana St #7 Active 2 bd · 2 ba · 1,648 sqft · $234 · 0.0 mi | $385,000 List Price | 2 | 2 | 1,648 | $234 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 2005 (21 years old), the property falls into the Fair category. While the HVAC and water heater have been upgraded, the interior is dated and explicitly requires minor cosmetic updates, specifically new carpeting and a fresh coat of paint.
This tri-level corner unit features 1,633 sqft of living space with vaulted ceilings and a versatile loft, offering significantly more square footage and natural light than typical two-bedroom condominiums.
Located in the desirable Riva on the River community, residents benefit from comprehensive HOA amenities including a pool, spa, fitness center, and clubhouse, plus proximity to Sacramento River walking trails and Downtown.
The property features an upgraded HVAC system and water heater, providing the buyer with peace of mind and reduced immediate maintenance costs for major home components.
Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =166, other record lot size in square feet = 6587.
The home requires new carpeting and a fresh coat of paint throughout, which necessitates an additional upfront investment and effort before the property is move-in ready.
The monthly association fee of $499 is relatively high, which may impact the overall affordability and debt-to-income ratio for budget-conscious buyers.
Welcome to this desirable tri-level corner condominium in the highly sought-after Riva on the River community! Featuring 2 bedrooms, 2 bathrooms, plus a versatile loft, this home offers a spacious and functional layout with plenty of natural light. The open-concept floor plan boasts vaulted ceilings, private balcony, gas-log fireplace, ceiling fans, and wood blinds and blackout shades throughout. The kitchen features granite countertops, gas stove and oven, pantry, and freestanding black refrigerator. Other amenities include an upstairs laundry room, walk-in closet, upgraded HVAC and water heater, and L-shaped two-car garage with storage space. The home needs new carpet and a fresh coat of paint, giving you the opportunity to choose your own colors and finishes and make the space truly your own. Riva on the River HOA amenities include exterior building maintenance and common area maintenance including landscaping, picnic area, clubhouse, pool, spa, and fitness center. Conveniently located near freeway access, schools, parks, shopping, Sacramento River with walking trails, Downtown Sacramento, and Sutter Health Park. A great opportunity to own a spacious condo in a desirable community and customize it to your taste!
No exterior & parking available.
Grades K-8 • 0.4 mi
Grades 9-12 • 1.4 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 2.0 | 2.2 |
| Baths | 2.0 | 2.8 |
| Square foot | 1,633 | 1,428.6 |
| Lot Size | 166 | 1,155.2 |
| Price | $380.0K | $358.8K |
| Price per sq ft | $233 | $251 |
| Built year | 2005 | 1980 |
| HOA | $499 | $444 |
| Days on market | 33 | 93 |
Sep 21, 2026
$380,000
Initial Listing
Dec 1, 2005
$335,000
Public Record