1320 LOCUST PL
DAVIS, CA 95618
$875,000
5 Beds
5 Baths
2,684 Sq Ft
Status Active
MLS# 224042092
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!
Details for 1320 LOCUST PL
Built in 1967
$326 / Sq Ft
0 parking spaces
Ceiling Fan(s),Central,Wall Unit(s)
Central, Fireplace(s), Wall Furnace
25 Days on website
0.1584 acres lot