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Patricia Beattie

patricia@brivio.com +1(415) 286-8292

$4,250,000

Est. payment - /mo

11,979 SqFt

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UPDATED:

Key Details

Property Type Single Family Home

Sub Type Other

Listing Status Active

Purchase Type For Sale

Square Footage 11,979 sqft

Price per Sqft $354

MLS Listing ID 226134787

HOA Y/N No

Year Built 2022

Lot Size 0.320 Acres

Acres 0.32

Property Sub-Type Other

Source MLS Metrolist

Property Description

Exceptional Student Housing Investment Opportunity in the Heart of Davis! Offered at $4,250,000, this remarkable, custom-built 2023 property presents a rare opportunity to acquire a modern, high-capacity residential investment in the desirable UC Davis community. Situated on approximately one-third of an acre, this impressive three-story building features 18 bedrooms with accommodations for up to 35 beds, thoughtfully designed to support comfortable and functional group living. The property offers an expansive communal kitchen, generous dining and gathering areas, multiple restrooms and shower facilities, and dedicated libraries and study spaces on each floor. A spacious basement provides additional room for meetings and group activities, while an inviting covered front porch and outdoor deck enhance the property's appeal. Originally constructed as the Beta Epsilon House of Theta Xi, an organization with nearly 75 years of history at UC Davis, the property currently accommodates both fraternity members and other residents, primarily university students. Significant income growth potential! Currently operating at approximately 55.5% occupancy, with eight bedrooms available for lease, the property offers an opportunity for increased rental revenue through improved occupancy and professional management. The building's modern construction, substantial residential capacity, and versatile layout may also provide opportunities for alternative uses, subject to city approval and applicable zoning requirements. Whether continuing its established student housing operation or exploring other permitted uses, this distinctive property represents a compelling opportunity to acquire a substantial income-producing asset in the Davis market. An exceptional combination of newer construction, housing capacity, and future potential!

Location

State CA

County Yolo

Area 11401

Direction Please use GPS

Rooms

Basement Finished

Interior

Heating Central

Cooling Central

Flooring Luxury Vinyl Plank

Window Features Dual Pane Full

Appliance Free Standing Refrigerator, Built-In Gas Oven, Dishwasher, Microwave, Disposal

Laundry Washer/Dryer Owned

Exterior

Exterior Feature Fenced Yard

Parking Features Off Street

Utilities Available Cable Available, Sewer In & Connected, Solar, Natural Gas Connected

Water Access Desc Meter on Site,Meter Required,Public

View Downtown

Roof Type Composition

Total Parking Spaces 13

Building

Lot Description Other

Story 3

Foundation Other

Sewer Sewer in Street, Public Sewer

Water Meter on Site, Meter Required, Public

Architectural Style Modern/High Tech

Schools

Elementary Schools Davis Unified

Middle Schools Davis Unified

High Schools Davis Unified

School District Yolo

Others

Senior Community No

Tax ID 070-244-012-000

Special Listing Condition Other

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Listed by RE/MAX Gold, Good Home Group

Nearby School & Business

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Patricia Beattie

+1(415) 286-8292

Broker License ID: 01405369

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503 1st ST Davis, CA 95616

Patricia Beattie

Key Details

Location

Rooms

Interior

Exterior

Building

Schools

Others

Nearby School & Business

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