This is the unit that had the over full priced offer, a four-bedroom, 1518 square foot condo listed for $129,000, which works out to be only about $85 per square foot.  This is on La Riviera Drive near Sac State — putting it just a few doors down from another condo the same client bought a couple of years ago.

A lot of the units in this area are rentals to Sac State students.  Indeed, this is what first got my client interested in the area, because she had a daughter attending Sac State and was looking for a unit where her daughter and her roommates could stay.

In addition to the low price, this unit also has fairly reasonable HOA dues at $165 per month.

This condo is one of the few I was able to find currently active that’s bank owned in Natomas, at a very popular condo Bella Rose subdivision on East Commerce Way.  Built in 2004, this condo is listed at $129,900 and features granite counters, 3 bedrooms and 2 baths, with two parking spaces (one covered, one not).  The subdivision features a pool, spa, media room, and a gym.

The HOA dues on this unit are $204 per month.

Another good buy is this three bedroom unit in Rancho Cordova / Gold River, listing for only $106,500, or only $76.84 per square foot.  This is another good area where I’ve had investors buy in the past, and the prices have come down nicely in recent months, making it a better investment than ever.  HOA dues on this unit are $194 per month.