8613 La Riviera Dr A, Sacramento, CA 95826, Sacramento, 95826 - 2 bed, 1 bath
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Sacramento, CA 95826
This Strong Value Opportunity is a 2-bedroom condominium listed at $255,000, positioned slightly above the $233,912 Fair Market Value. While the property requires modernization, its Fair Condition Rating and functional layout provide a solid foundation for value-add improvements. Located just two miles from Sacramento State, the unit features a private patio and dual parking spaces, ensuring high rental demand. This asset is an ideal acquisition for Buy-and-Hold Investors seeking rental yield or first-time buyers looking for an affordable entry into the Sacramento market.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 8613 La Riviera Dr A Subject | $247,000* List Price | 2 | 1 | 897 | $258 | - |
A 8849 La Riviera Drive A Sold | $255,000 | 2 | 1 | 897 | $284 | 0.5 mi |
B 8745 Woodman Way F Sold | $270,000 | 2 | 1 | 897 | $301 | 0.5 mi |
C 9048 El Cajon Way 1 Sold | $210,000 | 2 | 1 | 795 | $264 | 1.0 mi |
D 9005 Montoya Street 2 Sold | $202,000 | 2 | 1 | 840 | $240 | 0.8 mi |
E 8845 La Riviera Drive C Sold | $291,000 | 3 | 2 | 1,191 | $244 | 0.5 mi |
F 8841 La Riviera Dr A Pending | $265,000 List Price | 2 | 1 | 897 | $295 | 0.5 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1970, the property is over 50 years old but has been maintained. It features dated elements such as popcorn ceilings and older fixtures. While the flooring appears to have been updated and the unit is functional, the kitchen and bathroom likely require modernization to move beyond a dated status.
Situated just two miles from Sacramento State and near the American River Parkway, this property offers exceptional rental demand and lifestyle convenience for students and professionals.
With a competitive price point under $300k and a well-maintained interior, this unit presents a high-yield opportunity for investors or an affordable entry for first-time buyers.
The inclusion of both a covered and an uncovered parking space is a significant value-add that distinguishes this unit from many other condominiums in the area.
The $369 monthly association fee represents a fixed overhead cost that impacts monthly cash flow and overall affordability for budget-conscious owners.
Built in 1970, the property may require more frequent maintenance or future modernization to keep pace with newer residential developments in the Sacramento market.
Investor alert! Wee maintained 2 bedroom, 1 bath condo just minutes from Sac State, offering strong rental potential in a high-demand area. Features a functional layout, private patio, and convenient access to Hwy 50, shopping, dining, and the American River Parkway. Ideal for investors, students, or first-time buyers. 2 miles to Sac State Stove, dishwasher, and refrigerator are included. 1 covered parking space and 1 uncovered parking space.
No exterior & parking available.
Grades K-6 • 0.8 mi
Grades 9-12 • 2.8 mi
Grades 7-12 • 3.0 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 2.0 | 2.0 | 50% |
| Baths | 1.0 | 1.0 | 50% |
| Square foot | 897 | 897 | 50% |
| Lot Size | 1,307 | 871 | 64% |
| Price | $247.0K | $247.0K | 50% |
| Price per sq ft | $275 | $264 | 55% |
| Built year | 1970 | 1973 | 27% |
| HOA | $369 | $320 | 91% |
| Days on market | 23 | 170 | 9% |
May 20, 2026
$247,000
$255,000
-3% Price Drop
Initial Listing
May 14, 2026
$255,000
Initial Listing
Mar 24, 2014
$118,000
Public Record