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$855,000   Price Analysis
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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

Updated 7/23 - the home is now vacant

Cleaned and ready for new ownership. City resale has been cleared as well; all additions and modifications have been permitted through the City. 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, making it ideal either for a large family or to be rented by the bedroom. Based on current rental comps, I believe an SRO investment strategy could generate ~$5, 000 in monthly rent. Vacancy has never been an ssue, multiple tenants having lived in the property for 3+ years. The nature of this unique property leaves opportunity for creative investors 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

Total Bathrooms: 5
Full Bathrooms: 5

Free Standing Refrigerator
Free Standing Electric Oven
Free Standing Electric Range

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

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

Flooring: Carpet, Laminate, Wood

Lot Description: Cul-De-Sac, Curb(s)/Gutter(s)
Lot Dimensions Source: Acres
Lot Size Acres: 0.1584022
Lot Size Source: Not Verified
Lot Size Square Feet: 6900

Driveway: Paved Driveway
Open Parking Spaces: 3
Parking Features: No Garage, Uncovered Parking Spaces 2+

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.
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Oliver Wendell Holmes Junior High School is a public middle school located approximately 0.6 miles away.
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Davis Senior High School is a public high school located approximately 1.4 miles away.
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Familiesfirst Non Public School is a private elementary, middle and high school located approximately 0.7 miles away.
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City Region: Davis
Source Listing Status: Active
County: Yolo
Cross Street: Loyola
Directions: Pole Line to Loyola to Locust.
Disclaimer: 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. Copyright 2024, MetroList Services, Inc. Any offer of compensation in the real estate content on this site is made exclusively to Broker Participants of the MetroList MLS & Broker Participants of any
Source Property Type: Residential
Area: 11403
Source Neighborhood: 11403
Parcel Number: 032-322-028-000
Postal Code Plus 4: 1443
Zoning Description: 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

Total Square Feet Living: 2684
Year Built: 1967
Construction Materials: Frame, Wood
Foundation Details: Combination, Raised, Slab
Living Area Source: Not Verified
Property Age: 57
Roof: Composition
Structure Type: Detached, Modified

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

Security Features: Carbon Mon Detector, Double Strapped Water Heater, Smoke Detector
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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.