$799,000

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1320 Locust Place Davis, CA, United States 95618

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!

Amenities

  • Bedrooms: 5
  • Full Bathrooms: 5
  • Partial Bathrooms: 0
  • Property Type: Single Family
  • Home size: 2,684 ft2 / 249.35 m2
  • MLS: 224042092
  • Web ID: QMG3CA
  • Status: Active

Property brokered by

Lyon Real Estate - A Windermere Company

(916) 978-4214

Presented by Tanner Mohr

  • (530) 758-0720

Contact Tanner Mohr

Contact Agent

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