NOT LISTED FOR SALE

406 9th St Davis, CA 95616

Central Davis Neighborhood
4 Beds
4 Baths
3,000 Sq Ft
6,521 Sq Ft Lot

Last Sold April 24, 2019

Last sale price $1,275,000 $425 Per Sq Ft

94 Days on Market

Highlights

  • Contemporary Architecture
  • North Davis Elementary School Rated A
  • No HOA

About This Home

As of April 2019

406 9th Street is a unique opportunity to acquire a nearly impossible to find 5 unit apartment building in Davis, CA- the minimum sized entry point into commercial finance-able multi-family investment property. The property is located in one of the strongest rental markets in California. The Davis market is currently experiencing sub 1% vacancy for apartments and strong annual rental growth.

Last Agent to Sell the Property

David Macko

Nor Cal Commercial Real Estate License #01413910 Listed on: 12/18/2018

Last Buyer's Agent

David Macko

Nor Cal Commercial Real Estate License #01413910 Listed on: 12/18/2018

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1961

Lot Details

  • 6,521

Home Design

  • Contemporary Architecture

Parking

  • 2 Open Parking Spaces
  • 1 Parking Space Included
  • 3 Covered Spaces

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Wall Furnace

Additional Features

  • 2-Story Property
  • 6,521 Sq Ft Lot

Listing and Financial Details

  • Assessor Parcel Number 070-151-008-000

Community Details

Overview

  • No Home Owners Association
  • 5 Units

Building Details

  • 5 Leased Units
  • Operating Expense $33,543

Property Details

Home Type

Multi-Family

Year Built

Built in 1961

Lot Details

0

Listing Details

  • Property Type: ResidentialIncome
  • Property Subtype 1: 5 or More Units
  • Year Built: 1961
  • Architectural Style: Contemporary
  • Stories: 2
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: See Remarks
  • Other Equipment: None
  • Flooring: Carpet,Laminate

Exterior Features

  • Construction Materials: Brick,Frame,Stucco
  • Disclosures/Documents: Rental/Lease Agmts,See Remarks
  • Listing Price: 1350000.00
  • Roof: Other

Garage/Parking

  • Open Parking Spaces: 2
  • Covered Parking Spaces: 3
  • Parking Features: Carport,1 Space Per Unit

Utilities

  • Cooling: Wall Unit(s)
  • Heating: Wall Furnace

Condo/Co-op/Association

  • Association Features: Other
  • Association: No

Schools

  • Senior High School District: Davis Unified

Lot Info

  • Zoning Description: R3
  • Lot Size Acres: 0.1497
  • Lot Size Sq Ft: 6521

Rental Info

  • Tenant Pays: Other
  • Total # Leasable: 5

Multi Family

  • Operating Expense: 33543
  • Income Includes: See Remarks
  • Number of Leased Units: 5
  • Number of Units: 5
  • Units Furnished: None

Tax Info

  • Assessor Parcel Number: 070-151-008-000

MLS Schools

  • School District (County): Yolo

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
04/24/2019 04/24/19 Sold $1,275,000 0.0% $425 / Sq Ft
03/31/2019 03/31/19 Off Market $1,275,000 -- --
03/22/2019 03/22/19 Pending -- -- --
01/28/2019 01/28/19 Price Changed $1,350,000 -3.6% $450 / Sq Ft
12/18/2018 12/18/18 For Sale $1,400,000 +79.5% $467 / Sq Ft
04/05/2017 04/05/17 Sold $780,000 -8.2% $260 / Sq Ft View Prior Sale
02/16/2017 02/16/17 Pending -- -- --
10/19/2016 10/19/16 For Sale $850,000 -- $283 / Sq Ft
Source: MetroList

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $17,672 $1,424,789 $446,205 $978,584
2023 $17,672 $1,368,384 $428,879 $939,505
2022 $16,954 $1,341,580 $420,470 $921,110
2021 $16,594 $1,315,302 $412,226 $903,076
2020 $16,341 $1,301,963 $408,000 $893,963
2019 $10,783 $811,512 $286,110 $525,402
2018 $10,055 $795,600 $280,500 $515,100
2017 $4,665 $276,606 $71,704 $204,902
2016 $4,939 $271,194 $70,299 $200,895
2015 $4,781 $267,129 $69,244 $197,885
2014 $4,781 $261,907 $67,888 $194,019
Source: Public Records

Agents Affiliated with this Home

  • David Macko

    Seller's Agent in 2019

    David Macko

    Nor Cal Commercial Real Estate

    (916) 715-8527

    2 in this area

    22 Total Sales

    David Macko
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Map

Source: MetroList

MLS Number: 18082099

MetroList
California Yolo County Davis 95616 Central Davis

406 9th St, Davis, CA

Not Listed for Sale

MultiFamily

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