1320 Locust Place,  Davis  (95618)

$875,000

5 bedrooms 5   5 bathrooms 5   2684 square feet 2,684
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Listed By: Tanner P Mohr of Lyon RE Davis
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PROPERTY DETAILS

Address: view address
Davis, CA 95618
Map Location
Features: Multi-level
Bedrooms:5Bathrooms:5 (full: 5)
Square Feet:2,684 sq.ft.Lot Size:0.16 acres
Year Built:1967Status:Active
Property Type:Single Family ResidenceSchool District:Yolo
County:YoloList Date:2024-04-25
Listing Number:224042092Listed By:Lyon RE Davis

PROPERTY DESCRIPTION

Unique ownership opportunity! Current owner took an original Stanley Davis Marin floor plan home and built it up into a 5 bed / 5 bath 2,600+ square foot property which has served as a strong investment for his family for many years. Each bedroom has its own associated bathroom and is currently rented on a month to month basis by the bedroom - rents currently totaling $3,700/mo. Based on current rental comps, I believe the rent collected is at least 10%+ below market. Vacancy has never been an issue, multiple tenants having lived in the property for 3+ years. The nature of this unique property and lease configuration leaves opportunity for creative investors to maximize returns. Come take a look for yourself!

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Interior

Air Conditioning:YesCarpet:Yes
Ceiling Fan(S):YesCentral Air:Yes
Central Heat:YesElectric Oven:Yes
Fireplace:YesLaminate Flooring:Yes
Living And Dining Room Combo:YesWood Floors:Yes

Exterior

Composition Roof:YesFrame Exterior:Yes
Paved Driveway:YesSlab Foundation:Yes
Wood Exterior:Yes

Property and Lot Details

Cul-De-Sac Location:YesLot Acres:0.16
Lot Sqft:6,900.00Lot Zoned:R-1
Public Sewer:YesPublic Water:Yes
School District:YoloTransaction Type:Sale
Year Built:1967

Community information and market data Powered by Onboard Informatics. Copyright ©2024 Onboard Informatics. Information is deemed reliable but not guaranteed.

This information is provided for general informational purposes only and should not be relied on in making any home-buying decisions. School information does not guarantee enrollment. Contact a local real estate professional or the school district(s) for current information on schools. This information is not intended for use in determining a person’s eligibility to attend a school or to use or benefit from other city, town or local services.

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Community information and market data Powered by Onboard Informatics. Copyright ©2024 Onboard Informatics. Information is deemed reliable but not guaranteed.

This information is provided for general informational purposes only and should not be relied on in making any home-buying decisions. School information does not guarantee enrollment. Contact a local real estate professional or the school district(s) for current information on schools. This information is not intended for use in determining a person’s eligibility to attend a school or to use or benefit from other city, town or local services.

Loading Data...

Community information and market data Powered by Onboard Informatics. Copyright ©2024 Onboard Informatics. Information is deemed reliable but not guaranteed.

This information is provided for general informational purposes only and should not be relied on in making any home-buying decisions. School information does not guarantee enrollment. Contact a local real estate professional or the school district(s) for current information on schools. This information is not intended for use in determining a person’s eligibility to attend a school or to use or benefit from other city, town or local services.

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Listed By: Tanner P Mohr of Lyon RE Davis