204 University AvenueDavis, CA 95616
Yolo County
Description
204 University Avenue provides a rare opportunity to acquire an extremely well located multi-family asset in Downtown Davis, positioned within the highly desirable corridor connecting the Downtown core and UC Davis. The property offers immediate in-place income with full occupancy at acquisition, supported by a strong operating track record and very low vacancies. It also includes a rare opportunity within this neighborhood to eventually redevelop a 3-story property with no onsite parking requirements. Offered for the first time in 46 years, 204 University Avenue represents a compelling combination of irreplaceable location, stable cash flow, and longer-term redevelopment potential in one of Davis's most sought-after submarkets. This fully rented 5 unit property is offered at a pro forma 5 cap with an actual 2025 NOI of $92,042. The property is comprised of 2 bed / 1 bath units with in unit laundry and dedicated off street parking.
Property Information
- Property type
- Residential Income
- Sub-type
- Multi Family
- Year built
- 1962
- Stories
- 2
- Living area
- 3,008 Sq Ft
- Lot size
- 0.15 acres
- Parking spaces
- 6
- MLS® Listing#
- 226117804
Property Features
- Cooling
- Ductless
- Heating
- Ductless
- Flooring
- Carpet · Vinyl
- Parking
- Off Street
- Laundry
- In Unit
- Lot features
- Corner Lot
- Construction
- Frame
- Foundation
- Raised
- Roof
- Flat
- Utilities
- Natural Gas Connected · Cable Available · Sewer Connected
- Sewer
- Public Sewer
- Water source
- Public
Schools
- District
- Yolo
Financial Details
- HOA
- None
- Annual taxes
- $7,352
- Parcel number
- 070-065-008-000
Directions
From Richards Blvd Exit head northwest on Richards into downtown, turn left on 1st st, righ onto B st, left onto 2nd st and the property is located on the corner of 2nd St and University Avenue.
Listing Courtesy: Windermere Signature Properties Davis - 5307580720
Presented by: Tanner Mohr
CA DRE# 01520140. Kris Klair Broker
Data Terms of Use
Terms of Use
1. The following are terms of a legal agreement between you, the person viewing and/or using this Internet site (“User”) and the operator ("Provider") of this Internet site ("Site"), By accessing, browsing and/or using this Site, User acknowledges that User has read, understood, and agrees to be bound by these terms and to comply with all applicable laws and regulations, including but not limited to U.S. export and re-export control laws and regulations. If User does not agree to these terms, User is not authorized to use this Site. The material provided on this Site is protected by law, including, but not limited to, United States Copyright law and international treaties.
2. User must be a prospective purchaser or seller of real estate with a bona fide interest in the purchase or sale of such real estate.
3. All real estate data provided on this Site (including but not limited to descriptions, images, and other information constituting or relating to real estate listings) is strictly for the personal, private, non-commercial use of User and is not made available for redistribution, retransmission, reformatting, modification or copying. User may not sell or use any of the real estate data on this Site for any purpose other than attempting to evaluate houses or properties for sale or purchase by User. User acknowledges that the real estate data on this Site is provided by MetroList Services, Inc., a California corporation (“MetroList”), and User acknowledges the validity of MetroList's copyright as to such data. User expressly acknowledges and agrees that MetroList is a third-party beneficiary of these Terms of Use, and that MetroList will be entitled to enforce these Terms of Use against User.
4. To the fullest extent permitted by law, the data on this Site is provided "as is," without warranty or representation of any kind, either express or implied, as to the nature, quality, characteristics or value of any property or information to which the data pertains. NEITHER PROVIDER NOR METROLIST MAKES ANY WARRANTIES, EXPRESS OR IMPLIED, REGARDING THE DATA DISPLAYED ON THIS SITE, INCLUDING, BUT NOT LIMITED TO, THE IMPLIED WARRANTIES OF MERCHANTABILITY AND FITNESS FOR A PARTICULAR PURPOSE, OR AS TO THE TIMELINESS, ACCURACY AND/OR COMPLETENESS OF THE DATA.
5. NEITHER PROVIDER NOR METROLIST SHALL BE LIABLE FOR ANY INCIDENTAL, SPECIAL, CONSEQUENTIAL, INDIRECT, SPECIAL, PUNITIVE OR EXEMPLARY DAMAGES WHATSOEVER (INCLUDING WITHOUT LIMITATION, DAMAGES FOR LOSS OF BUSINESS INFORMATION, LOSS OF DATA, LOST PROFITS, LOSS OF CUSTOMERS OR OTHER PECUNIARY LOSS), ARISING OUT OF THE USE OR INABILITY TO USE THE DATA DISPLAYED ON THIS SITE, WHETHER THE CLAIM OR CAUSE OF ACTION ARISES IN TORT, CONTRACT, NEGLIGENCE, STRICT LIABILITY OR UNDER ANY OTHER LEGAL THEORY.
6. User agrees that the prevailing party or parties in any action brought to enforce or for breach of these Terms of Use shall be entitled to recover, in addition to any other relief, that party’s or those parties’ reasonable attorney’s fees and court costs incurred in such action from the non-prevailing party or parties.
Commute Calculator
Explore commute times from 204 University Avenue, Davis, CA 95616.
