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!
- Property TypeSingle Family Home
- NeighborhoodN/A
- CountyYolo
- Taxes$0
- HOA/Condo/Coop Fees$0
- Days on Site14 Days
- MLS StatusActive
- MLS ID Number224042092
- Home Size Source N/A
- Year Built1967
- Lot Size0.1584 Acres
- Full Baths5
- Partial BathsN/A
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General Features
- Construction Frame
- Parking No GarageUncovered Parking Spaces 2+
- Parking Spaces 0
- Sewer Public Sewer
- Electric 220 Volts in Laundry
- Number of Stories 2
- Acreage 0.1584
- Water Public
- Zoning R-1
- Cross Street Loyola
- Property Sub Type Single Family Residence
- Garage Spaces 0
- Foundation CombinationRaisedSlab
Interior Features
- Cooling Ceiling Fan(s)CentralWall Unit(s)
- Heating CentralFireplace(s)Wall Furnace
- Appliances Free Standing RefrigeratorFree Standing Electric OvenFree Standing Electric Range
- Flooring CarpetLaminateWood
- Fireplaces 1
- Fireplace Features Brick
- Laundry Features Dryer IncludedWasher IncludedInside Area
- Fireplace Yes
Exterior Features
- Roof Composition
- Spa No
- Lot Cul- De- SacCurb(s)/ Gutter(s)
Community Features
- Association Dues 0
- Senior Community No
- MLS Area 11403