240 2nd Street, Davis, CA 95616

Davis
Local realty services provided by:ERA Carlile Realty Group
240 2nd Street,Davis, CA 95616
$2,695,000
  • - Beds
  • - Baths
  • 6,592 sq. ft.
  • Multi-family
  • Active
Listed by: ciana wallace
Office: re/max gold, good home group
MLS#:226048142
Source:MFMLS

Price summary

  • Price:$2,695,000
  • Price per sq. ft.:$408.83

About this home

Well-located 8-unit apartment building in the heart of Downtown Davis, just two blocks from UC Davis and within walking distance to restaurants, shopping, the Davis Farmers Market, and the Amtrak train station. Opportunities to acquire apartment properties in this immediate area are extremely limited, with very few sales occurring over the past decade, making this a rare offering in one of the most sought-after rental markets in Northern California. This highly desirable location supports strong and consistent rental demand driven by the university, excellent walkability, and limited housing supply. The property consists of eight 2 bedroom, 1 bath units and is currently fully occupied, providing stable in-place income. Two units are below market due to long-term tenancy, offering clear upside potential as rents move toward market levels. Additional income opportunities exist through monetizing the existing on-site laundry and implementing parking charges. The property has been...

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Home facts

  • Year built:1964
  • Listing ID #:226048142
  • Added:1 day(s) ago
  • Updated:April 23, 2026 at 11:48 PM

Rooms and interior

  • Flooring:Tile Floor, Wood Floors
  • Kitchen Description:Dishwasher, Free Standing Electric Oven, Microwave
  • Living area:6,592 sq. ft.

Heating and cooling

  • Cooling:Central
  • Heating:Central

Structure and exterior

  • Roof:Flat
  • Year built:1964
  • Building area:6,592 sq. ft.
  • Lot area:0.24 Acres
  • Lot Features:Curb(s), Shape Regular
  • Construction Materials:Frame
  • Exterior Features:Balcony/Deck
  • Foundation Description:Slab
  • Levels:2 Story

Utilities

  • Sewer:Public Sewer

Finances and disclosures

  • Price:$2,695,000
  • Price per sq. ft.:$408.83

Features and amenities

  • Appliances:Dishwasher, Free Standing Electric Oven, Microwave
  • Laundry features:In Common Area, Laundry Closet, Washer/Dryer Hookups, Washer/Dryer Owned

Parking

  • Total parking spaces:8
MLS LogoMetroList MLS 2026. This information is being provided by MetroList MLS. All measurements and calculations of area are approximate. Information provided by Seller/Other sources, not verified by Broker. All interested persons should independently verify accuracy of information. Provided properties may or may not be listed by the office/agent presenting the information. Data Updated: April 23, 2026. Information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information deemed reliable but not guaranteed. Any offer of compensation is made only to Participants of MLS where the subject listing is filed and in accordance with such MLS's regulations or rules.

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