Property Details forMLS# 224042092 – 1320 Locust Place, Davis, CA 95618

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!

MLS LogoCourtesy of Lyon RE Davis.

Property Details and Features

Listing

  • Source: Metrolist

Appliances & Equipment

  • Free Standing Refrigerator
  • Free Standing Electric Oven
  • Free Standing Electric Range

Bathrooms

  • 5 full bathrooms
  • Closet
  • Shower Stall(s)
  • Tub w/Shower Over
  • Window

Bedrooms

  • 5 bedrooms

Building

  • 2 stories
  • Built in 1967
  • Frame
  • Wood

Dining Room

  • Dining/Living Combo

Fireplaces

  • 1 fireplace
  • Brick

Foundation

  • Combination
  • Raised
  • Slab

Garage

  • No Garage
  • Uncovered Parking Spaces 2+

Water Features

  • Public

Heating

  • Central
  • Fireplace(s)
  • Wall Furnace

Interior Features

  • Carpet
  • Laminate
  • Wood

Kitchen

  • Kitchen/Family Combo
  • Laminate Counter

Laundry

  • Dryer Included
  • Washer Included
  • Inside Area

Location

  • Yolo
  • 11403

Lot

  • 0.1584 acres
  • 6,900 square feet

Pool

  • Pool: No

Property

  • R-1

Roof

  • Composition

Schools

  • District: Yolo
  • Elementary School: Davis Unified
  • High School: Davis Unified
  • Middle/Junior School: Davis Unified

Sewer

  • Public Sewer

Utilities

  • Public
$875,000

1320 Locust Place Davis, CA 95618

Price: $875,000
Est. Mortgage Payment: $3,112 / mo.*
Beds: 5
Baths: 5
Sqft: 2,684
Sqft lot: 6,900
Acre lot: 0.16
Status: Active
Property Type: Single Family Residence
Year Built: 1967
Days on Website: 10

Location

$875,000 -
1320 Locust Place Davis, CA 95618
Yolo

Street View

Nearby Schools

Recent Sales Nearby

This data up-to-date as of May 5, 2024 09:53.