204 University Avenue, Davis, CA 95616
Local realty services provided by:ERA Carlile Realty Group
204 University Avenue,Davis, CA 95616
$1,636,000
- - Beds
- - Baths
- 3,760 sq. ft.
- Multi-family
- Pending
Listed by: tanner mohr
Office: windermere signature properties davis
MLS#:226117804
Source:MetroList
Price summary
- Price:$1,636,000
- Price per sq. ft.:$435.11
About this home
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.
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Home facts
- Year built:1962
- Listing ID #:226117804
- Added:48 day(s) ago
- Updated:November 12, 2026 at 09:17 AM
Rooms and interior
- Flooring:Carpet, Vinyl
- Living area:3,760 sq. ft.
Heating and cooling
- Heating:Ductless
Structure and exterior
- Roof:Flat
- Year built:1962
- Building area:3,760 sq. ft.
- Lot area:0.15 Acres
- Lot Features:Corner
- Construction Materials:Frame, Wood
- Foundation Description:Raised Foundation
- Levels:2 Story
Utilities
- Sewer:Public Sewer
Finances and disclosures
- Price:$1,636,000
- Price per sq. ft.:$435.11
Features and amenities
- Laundry features:In Each Unit
Parking
- Total parking spaces:6
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