
Sacramento, CA 95822
This Condominium presents a High-Potential Investment Opportunity with a List Price of $299,000—positioned slightly above the $294,409 Fair Market Value. While the unit requires cosmetic updates to its Condition Rating of 4, it offers a functional layout with a private finished garage, wood-burning fireplace, and community pool and spa. Its proximity to downtown and major transit hubs provides strong rental demand. This property is an ideal acquisition for Buy-and-Hold Investors or first-time buyers seeking a value-add project in a central location.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 5885 Gloria Drive 7 Subject | $299,000* List Price | 2 | 2 | 1,094 | $269 | - |
A 5875 Gloria Drive 7 Active | $314,000 List Price | 2 | 2 | 1,114 | $282 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1993 (31 years old), the property features its original 'European style' cabinetry and white appliances which are significantly dated. While the unit appears well-maintained and functional with newer laminate flooring, the kitchen and lighting fixtures are over 30 years old and require cosmetic updates to meet modern standards.
Elementary School: Crocker/Riverside Elementary School (9/10).
Priced competitively under $300k, this rare ground-floor corner unit offers a spacious 2-bedroom, 2-bathroom floor plan with modern laminate flooring and a private finished garage.
Ideally situated just four minutes from Downtown Sacramento and DOCO, the property provides unparalleled access to major interstates, regional airports, and local parks.
At $540 per month, the association fees are significant relative to the listing price, which may impact monthly affordability and debt-to-income ratios for some buyers.
The property is zoned for several schools with low GreatSchools ratings, which could be a drawback for families prioritizing educational performance or long-term appreciation.
Yes, you read that price correctly. This gently lived in condo offers phenomenal value. This rare ground floor corner unit features 2 bedrooms and 2 full bathrooms in the desirable Southland Village community. The location provides easy access to Interstates 5 and 80, four minutes to downtown, walking distance to a shopping center, close proximity to Executive Airport, minutes from Downtown Commons(DOCO) and The Kay District, five minutes to William Land Park, and fifteen minutes to Sac Metro Airport. The interior includes a spacious floor plan with European style cabinetry, a wood burning fireplace with gas log lighter, white GE appliances including a microwave oven, central heat and air, a private master bath, a walk in master closet, glass tub enclosures, full size interior laundry, a fully finished enclosed garage with automatic opener/built in cabinets, and a private patio area. Laminate flooring runs throughout the home. Community amenities include an exclusive clubhouse and recreation area with spectacular features, a sparkling swimming pool and spa, and a private gated setting. Handicap parking spaces are conveniently located right in front of the unit. HOA fees include access to the pool, hot tub, common areas, trash service, water, exterior maintenance, grounds maintenance, management, and the clubhouse. The City bus line is close to the unit, and the Bell Coolidge Library and post office are also nearby.
No exterior & parking available.
Grades K-6 • 0.4 mi
Grades K-6 • 1.0 mi
Grades K-6 • 1.3 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 2.0 | 2.0 |
| Baths | 2.0 | 1.7 |
| Square foot | 1,094 | 1,034.367 |
| Lot Size | - | 1,582.467 |
| Price | $299.0K | $279.1K |
| Price per sq ft | $273 | $273 |
| Built year | 1993 | 1987 |
| HOA | $540 | $412 |
| Days on market | 25 | 58 |
Aug 15, 2026
$299,000
Initial Listing
May 10, 1994
$110,000
Public Record