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Image 1 - 1320 Locust Place, Davis, CA 95617, USA - House for sale

Image 2 - 1320 Locust Place, Davis, CA 95617, USA - House for sale

Image 3 - 1320 Locust Place, Davis, CA 95617, USA - House for sale

Image 4 - 1320 Locust Place, Davis, CA 95617, USA - House for sale

Image 5 - 1320 Locust Place, Davis, CA 95617, USA - House for sale

Image 6 - 1320 Locust Place, Davis, CA 95617, USA - House for sale

Image 7 - 1320 Locust Place, Davis, CA 95617, USA - House for sale

Image 8 - 1320 Locust Place, Davis, CA 95617, USA - House for sale

Home For Sale In Davis, California

1320 Locust Place, Davis, CA 95617, USA

Home For Sale In Davis, California

house for sale

Listed: 05/01/24

1320 Locust Place, Davis, CA 95617, USA

5 Bed:

5 Bath:

2,684 Sq Ft Living Area:

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Price

$ 875,000

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About This House

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!

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East Davis Housing & Living

Household Income

Median household income: $63,071

Number of households: 24,556

The average household income in Davis, CA grew from $57,683 to $63,071 in the past year. This data is an estimate based upon 24,556 households in Davis, CA.
The chart below presents how household income is distributed in Davis, CA in comparison to the revenue allocation amid households nationally.

Property Taxes

Average range: $3k+

One of the most important aspects for property owners is the amount of property taxes. This graph shows distribution of property taxes in Davis, CA compared to median property taxes around the country. The prevalent amount of property taxes in Davis, CA equals $3k+ , which is more than the national average.

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