1320 Locust Pl Davis, CA

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Home For Sale In Davis, California

Price: $875,000
Address: 1320 Locust Pl
City: Davis
State: CA
Zip:
Bathrooms: 5
Bedrooms: 5
Condition: Resale
Fee: No
Provided By: RealtyWW

Description:

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!For more details: https://realtyww.info/homes_davis-d523849/for-sale_i71265577

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