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 #
ME224042092
MLS Source
MetroList Services, Inc.
Buyer's Brokerage Compensation*
2.5%
Kitchen
Countertop - Laminate, Kitchen/Family Room Combo
Appliances
Oven - Electric, Oven Range - Electric, Refrigerator, Dryer, Washer
Dining Room
Dining Area in Living Room
Fireplace
Brick
Flooring
Carpet, Laminate, Wood
Laundry
220 Volt Outlet, Laundry Area
Cooling
Ceiling Fan, Central Forced Air, Window/Wall Unit
Heating
Central Forced Air, Fireplace, Wall Furnace
Roof
Composition
Foundation
Combination, Raised, Slab, Concrete Perimeter and Slab
Pool
Pool - No
Garage/Parking
No Garage, Garage: 0 Car(s)
Sewer
Public Sewer
Water
Public
Zoning
R-1
# Buildings | # Leased Units | # Total Units |
---|---|---|
0 | – | – |
1320 Locust Pl is a Single Family Residence in Davis, CA 95618. This 2,684 square foot property sits on a 6,900 Sq Ft Lot and features 5 bedrooms & 5 full bathrooms. It is currently priced at $875,000 and was built in –.
This address can also be written as 1320 Locust Pl, Davis, CA 95618.©2024 MetroList Services, Inc. All rights reserved. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Information provided is for personal, non-commercial use by the viewer and may not be redistributed without explicit authorization from MetroList Services, Inc.
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This listing information is up-to-date as of May 24, 2024. For the most current information, please contact Tanner Mohr, (530) 219-4390