University Avenue
Davis, CA 95616
204 University Avenue provides a rare opportunity to acquire an extremely well located multi-family asset in Downtown Davis, positioned within the highly desirable corridor connecting the Downtown core and UC Davis. The property offers immediate in-place income with full occupancy at acquisition, supported by a strong operating track record and very low vacancies. It also includes a rare opportunity within this neighborhood to eventually redevelop a 3-story property with no onsite parking requirements. Offered for the first time in 46 years, 204 University Avenue represents a compelling combination of irreplaceable location, stable cash flow, and longer-term redevelopment potential in one of Davis's most sought-after submarkets. This fully rented 5 unit property is offered at a 5% cap r
Property Details
Map
Map
Features
-
Water/Sewer
Sewer: Public Sewer -
Flooring Information
Carpet, Vinyl -
Roofing Information
Flat -
Interior Features
Roof: Flat Laundry Features: In Each Unit -
Heating & Cooling
Heating: Ductless Cooling: Ductless WaterSource: Public
-
Building Information
Year Built: 1962 Stories: 2 Construction Materials: Frame, Wood Roof: Flat Foundation Details: Raised -
Exterior Features
Foundation Details: Raised -
Laundry Features
In Each Unit
-
Lot Information
Lot Description: Corner, Curbs/Gutters Lot Square Feet: 6,450 Stories: 2 Main Square Feet: 3,760Property Information
Property Type: Residential Income Sub Type: 5 or More Units SQ ft (Living Area): 3,760 Construction Materials: Frame,Wood Property Age: 64 Cross Street: 2nd Street Source Neighborhood: 11401 Postal Code Plus 4: 4551 Area: Davis S: 95616 Zoning: Neighborhood-Medium Zone Living Area Source: Not Verified Structure Type: ApartmentsFarm Info
Irrigation Source: Public District
-
Listing Price Information
Listing Id: 226117804 List Price: $1,840,000 List Price Tot SqFt: $489
-
Tax Information
Parcel Number: 070-065-008-000
-
Parking Information
Parking Total: 6 Off Street
-
Elementary School District: Davis UnifiedJunior High School District: Davis UnifiedSenior High School District: Davis Unified
-
Utility Information
Cable Available, Sewer In & Connected, Internet Available, Natural Gas Connected -
Location Information
Direction: From Richards Blvd Exit head northwest on Richards into downtown, turn left on 1st st, righ onto B st, left onto 2nd st and the property is located on the corner of 2nd St and University Avenue.
How much is this property worth?
Curious about this home's true market value? Use our free Home Evaluation Tool to instantly get a personalized Comparative Market Analysis (CMA) report. Make smarter, data-driven decisions before you buy.
Nearby Home Value
| Address | Estimate | Bed | Bath | Sq. Ft | Lot Size |
|---|---|---|---|---|---|
| Garfield Terrace, Davis, CA, 95616 | $850,000 | 3 | 3 | 1,737 | 5,227.20 Sq. Ft |
| Encina Avenue, Davis, CA, 95616 | $1,220,000 | 4 | 3 | 2,586 | -- |
| Del Oro Avenue, Davis, CA, 95616 | $800,000 | 3 | 2 | 1,902 | -- |
| Northfield Court, Davis, CA, 95616 | $2,100,000 | 4 | 3 | 3,585 | 37,461.60 Sq. Ft |
| B Street, Davis, CA, 95616 | $825,000 | 3 | 3 | 2,158 | -- |
| Aspen Place, Davis, CA, 95616 | $749,900 | 3 | 2 | 1,628 | -- |
| Seine Avenue, Davis, CA, 95616 | $679,000 | 3 | 2 | 1,330 | -- |
| Green Zebra Terrace, Davis, CA, 95616 | $919,000 | 3 | 3 | 1,780 | -- |
| L Street, Davis, CA, 95616 | $685,000 | 3 | 1 | 1,005 | -- |
| Mills Drive, Davis, CA, 95616 | $869,000 | 4 | 2 | 1,815 | -- |
Similar Homes To University Avenue
Nearby For Sale
ByOwner last updated this listing 10/03/2026 @ 15:42
More Cities with for Sale by Owner Homes
- Davis Homes For Sale By Owner
- El Macero Homes For Sale By Owner
- Woodland Homes For Sale By Owner
- Dixon Homes For Sale By Owner
- West Sacramento Homes For Sale By Owner
- Winters Homes For Sale By Owner
- Yolo Homes For Sale By Owner
- Sacramento Homes For Sale By Owner
- Madison Homes For Sale By Owner
- Clarksburg Homes For Sale By Owner
- Rio Linda Homes For Sale By Owner
- Vacaville Homes For Sale By Owner
- Zamora Homes For Sale By Owner
- Elverta Homes For Sale By Owner
- Knights Landing Homes For Sale By Owner
- Antelope Homes For Sale By Owner
- North Highlands Homes For Sale By Owner
- Pleasant Grove Homes For Sale By Owner
- Carmichael Homes For Sale By Owner
- Fairfield Homes For Sale By Owner
Homes around $1,840,000
Verify Your Email
Please enter the 6-digit verification code
sent to your email address.
Verify Your Phone Number
Please enter the 6-digit verification code
sent to your mobile phone.