Seller's Agent in 2019
David Macko
Nor Cal Commercial Real Estate
(916) 715-8527
2 in this area
21 Total Sales
406 9th St Davis, CA 95616
Central Davis Neighborhood
4
Beds
4
Baths
3,000
Sq Ft
6,521
Sq Ft
Highlights
- Contemporary Architecture
- North Davis Elementary School Rated A
- No HOA
About This Home
As of April 2019406 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
Nor Cal Commercial Real Estate License #01413910 Listed on: 12/18/2018
Last Buyer's Agent
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
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Home Values in the Area
Average Home Value in this Area
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
| 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
Map
Source: MetroList
MLS Number: 18082099
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