Active

1320 Locust Place

Davis CA, 95618

$855,000


$318.55 per sqft

Active

5 Beds

5 Baths

2,684 sqft

Residential

Built in 1967

Updated 7/23 - the home is now vacant, cleaned and ready for new ownership. City resale has been cleared as well; all additions and modifications have been permitted through the City. 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, making it ideal either for a large family or to be rented by the bedroom. Based on current rental comps, I believe an SRO investment strategy could generate ~$5,000 in monthly rent. Vacancy has never been an issue, multiple tenants having lived in the property for 3+ years. The nature of this unique property leaves opportunity for creative investors to maximize returns. Come take a look for yourself!

224042092

MLS ID

April 25, 2024

Listed

August 23, 2024

Updated

Map

1320 Locust Place
Davis CA, 95618

Interior Features

Total Stories

2


Bedrooms

5


Total Bathrooms

5


Full Bathrooms

5


Interior Features

Carpet, Laminate, Wood


Appliances

Washer, Dryer, Free-Standing Refrigerator, Free-Standing Electric Oven, Free-Standing Electric Range


Floor Description

Carpet, Laminate, Wood


Fireplace

Yes


Fireplace Description

Masonry


Cooling

Yes


Cooling Description

Ceiling Fan(s), Wall Unit(s), Central Air


Heating

Yes


Heating Description

Central, Fireplace(s), Wall Furnace

Exterior/Building Features

Lot Size

0.16 Acres


Lot Features

Cul-De-Sac


Roof

Composition


Sewer

Public Sewer

School Information

School District

Davis Unified

Other Property Details

Garage

No


Parking

Paved, No Garage


View

No


County

Yolo


Water Source

Public


Pool

No


Zoning

R-1

Listing History

Date

Event

Price

6/4/2024

Price change

$855,000

-3%

6/4/2024

Active

5/24/2024

Pending

Courtesy of Lyon RE Davis, Tanner Mohr,
Listing Contact:  

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