Please stand by.
USDAProperties.com is playing suspenseful music......

 

 

 

$855,000   Price Analysis
USDAProperties Agent Contact Page  Agent Details  share icon     map icon  QR
1320 Locust Pl
Davis, CA 95618
5 bed 5 bath 2,684 SqFt ($318/SqFt)
6,900SqFt lot. Built 1967
Listed 2024-04-25, Taxes $4,920
Ⓧ USDA Ineligible
due to price & location

near Davis

PROPERTY TO BE DELIVERED VACANT - TENANTS OUT BY END OF JUNE.

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 f oot 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 invstors to maximize returns. Come take a look for yourself!


Presented by Tanner Mohr at
Lyon Re Davis.
Listing Agent Photo

Property MLS #224042092 from MetroList

Bedrooms: 5

Equipment: Free Standing Refrigerator, Free Standing Electric Oven, Free Standing Electric Range
Laundry Facilities: Dryer Included, Washer Included, Inside Area

Cooling Features: Ceiling Fan(s), Central, Wall Unit(s)
Fireplace Features: Brick
Heating Features: Central, Fireplace(s), Wall Furnace
Number of Fireplaces: 1

Full Bathrooms: 5
Bathroom 1 Features: Closet, Shower Stall(s), Tub w/Shower Over, Window

Interior Amenities: Main Level : Bedroom(s), Dining Room, Master Bedroom, Full Bath(s), Kitchen, Street Entrance
Flooring: Carpet, Laminate, Wood

Dining Room Description: Dining/Living Combo
Kitchen Features: Kitchen/Family Combo, Laminate Counter

Spa: No

Lot Description: Cul-De-Sac, Curb(s)/Gutter(s)
Lot Size Acres: 0.1584
Lot Size Square Feet: 6900

Driveway: Paved Driveway
Garage Description: Uncovered Parking Spaces 2+
Open Parking Spaces: 3

Association: No
Calculated Total Monthly Association Fees: 0

Elementary School District: Davis Unified
High School District: Davis Unified
Middle or Junior School District: Davis Unified

Birch Lane Elementary School is a public elementary school located approximately 0.2 miles away.
directions icon Map directions

Oliver Wendell Holmes Junior High School is a public middle school located approximately 0.6 miles away.
directions icon Map directions

Davis Senior High School is a public high school located approximately 1.4 miles away.
directions icon Map directions

Familiesfirst Non Public School is a private elementary, middle and high school located approximately 0.7 miles away.
directions icon Map directions

Source Listing Status: Active
County: Yolo
Cross Street: Loyola
Directions: Pole Line to Loyola to Locust.
Source Property Type: Residential
Area: Davis E
Source Neighborhood: 11403
Parcel Number: 032-322-028-000
Postal Code Plus 4: 1443
Zoning: R-1
Property Subtype: Single Family Residence
Source System Name: C2C

YearAssessments
Building + Land
Total
Tax
2022$225,511 + $96,081
$321,592
$4,920
2021$221,090 + $94,198
$315,288
$4,793
2020$218,823 + $93,233
$312,056
$4,711
2019$214,533 + $91,405
$305,938
$4,434
2018$210,327 + $89,613
$299,940
$4,144
2017$206,203 + $87,856
$294,059
$4,054
2016$202,160 + $86,134
$288,294
$3,903
2015$192,124 + $84,841
$276,965
$3,763
2014$188,361 + $83,180
$271,541
$3,702
2013$187,510 + $82,805
$270,315
$3,702
2012$183,834 + $81,182
$265,016
$3,637
2010$180,230 + $79,591
$259,821
$3,316
2009$179,309 + $79,185
$258,494
$3,322
2009$178,884 + $78,997
$257,881
$3,322
2008$175,794 + $77,633
$253,427
$3,128
2007$172,348 + $76,111
$248,459
$2,988

Price Changed 2024-06-04
$855,000
MetroList
Listed 2024-04-25
$875,000
MetroList
Sold 1994-02-01
$150,000
Public Record
Sold 1988-09-23
$117,500
Public Record

Electric: 220 Volts in Laundry
Sewer: Public Sewer
Public
Water Source: Public

Year Built: 1967
Construction Materials: Frame, Wood
Foundation Details: Combination, Raised, Slab
Living Area Source: Not Verified
Property Age: 57
Roof: Roof Description:Composition
Levels or Stories: 2
Structure Type: Detached, Modified

Security Features: Carbon Mon Detector, Double Strapped Water Heater, Smoke Detector
Click Thumbnail Images To View Full Size
garagehouse_viewunknownunknowndining_room
kitchendining_roomliving_roomunknownliving_room
kitchenkitchenkitchenkitchenbathroom
unknownbedroombedroomlaundry_roombathroom
bathroombedroombedroombedroomunknown
unknownbathroombathroombathroombedroom
bedroombedroomunknownunknownhouse_view
porchunknown

The property loan eligibility may be subject to additional requirements beyond geographical location including but not limited to the condition of the property. Speak with a real estate professional to find out more about the eligibility of a specific property.