1320 Locust Place
1320 Locust Place
$875,000
5
5
2,684
2,684
$326
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,...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!
- Listed by Tanner Mohr • DRE #02091548 • Lyon RE Davis
Property Details for 1320 Locust Place
Parking Features
No Garage, Uncov Prkng Spc (2+)
ZoningR-1
Location
LISTING UPDATED: 04/25/2024 09:00 AM
Property Details for 1320 Locust Place
Status | Active |
---|---|
MLS # | 224042092 |
Days on Compass | 10 |
Taxes | - |
HOA Fees | - |
Condo/Co-op Fees | - |
Compass Type | Single Family |
MLS Type | Residential / Single Family Residence |
Year Built | 1967 |
Lot Size | 0.16 AC / 6,899 SF |
County | Yolo County |
Location
Building Information for 1320 Locust Place
Stories2Year Built1967Building Size-Lot Size0.16 AC / 6,899 SF
Payment Calculator
$5,194 per month
The Payment Calculator is for illustrative purposes only.
Property Information for 1320 Locust Place
Property History for 1320 Locust Place
Date | Event & Source | Price | Appreciation |
---|
Date | Event & Source | Price |
---|
For completeness, Compass often displays two records for one sale: the MLS record and the public record.
Public Records for 1320 Locust Place
Taxable ValueLand$98,002Additions$230,021Total$328,023
Tax Record2023$5,029 ($419 / month)
Home Facts
Beds5Baths5Total Finished SqFt2,684 SqFtAbove Grade Finished SqFt2,684 SqFtStories2Lot Size6,900 SqFtStyleSingle Family ResidenceYear Built1967ZoningR-1CountyYOLOAPN032-322-028-000Fireplace TypeHas Fireplace
Schools near 1320 Locust Place
This home is within Davis Joint Unified School District.
Rating | School | Type | Grades | Distance |
---|---|---|---|---|
Public - | K to 6 | |||
Public - | 7 to 9 | |||
Public - | 10 to 12 | |||
Charter - | 7 to 12 |
Rating | School | Distance |
---|---|---|
Birch Lane Elementary School PublicK to 6 | ||
Oliver Wendell Holmes Junior High School Public7 to 9 | ||
Davis Senior High School Public10 to 12 | ||
Da Vinci Charter Academy Charter7 to 12 |
School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.
Similar Homes
Sorry, we can't find any similar homes at this time. Please check back later.
Similar Sold Homes
Sorry, we can't find any similar sold homes at this time. Please check back later.