4851 Cowell Blvd Davis, CA 95618
South Davis NeighborhoodEstimated payment $8,252/month
Highlights
- No HOA
- Landscaped
- Laundry Facilities
- Pioneer Elementary School Rated A
- Central Heating and Cooling System
- 5-minute walk to Pioneer Park
About This Home
Introducing 4851 Cowell Blvd, a well maintained 4-unit multifamily property in the sought-after El Macero neighborhood of South Davis, CA. This beautifully renovated property, both inside and out, sits on a spacious 0.24-acre lot, presenting a prime investment opportunity. With three of the four units currently below market rent, the next buyer can easily increase income by bringing those rents in line with Davis's competitive market rates. Beyond that, the large lot offers exciting potential. Buyers have the chance to confirm with the City of Davis the ability to develop additional units, leveraging California's new statewide ADU bill. Tenants enjoy the property's prime South Davis location and its tastefully updated features, making this a turnkey asset with room to grow.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $15,973
Year Built
- Built in 1969
Lot Details
- 10,293 Sq Ft Lot
- Landscaped
Home Design
- Quadruplex
- Concrete Foundation
- Concrete Perimeter Foundation
- Stucco
Interior Spaces
- 3,522 Sq Ft Home
- 2-Story Property
- Laminate Flooring
Home Security
- Carbon Monoxide Detectors
- Fire and Smoke Detector
Parking
- 8 Parking Spaces
- Off-Street Parking
Utilities
- Central Heating and Cooling System
Listing and Financial Details
- Assessor Parcel Number 068-071-003-000
Community Details
Overview
- No Home Owners Association
- 4 Units
Amenities
- Laundry Facilities
Building Details
- 4 Leased Units
- Net Lease
- Insurance Expense $2,000
Map
Home Values in the Area
Average Home Value in this Area
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 | $16,317 | $1,325,567 | $415,306 | $910,261 |
| 2023 | $16,317 | $1,274,095 | $399,180 | $874,915 |
| 2022 | $15,668 | $1,249,113 | $391,353 | $857,760 |
| 2021 | $15,335 | $1,224,622 | $383,680 | $840,942 |
| 2020 | $15,102 | $1,212,066 | $379,746 | $832,320 |
| 2019 | $14,641 | $1,188,300 | $372,300 | $816,000 |
| 2018 | $13,611 | $1,165,000 | $365,000 | $800,000 |
| 2017 | $7,974 | $621,057 | $280,500 | $340,557 |
| 2016 | $10,903 | $885,839 | $319,508 | $566,331 |
| 2015 | $10,706 | $872,534 | $314,709 | $557,825 |
| 2014 | $10,527 | $855,443 | $308,545 | $546,898 |
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 07/31/2025 07/31/25 | Price Changed | $1,299,000 | -3.4% | $369 / Sq Ft |
| 04/21/2025 04/21/25 | For Sale | $1,345,000 | +15.5% | $382 / Sq Ft |
| 07/24/2017 07/24/17 | Sold | $1,165,000 | -6.8% | $315 / Sq Ft |
| 06/22/2017 06/22/17 | Pending | -- | -- | -- |
| 04/24/2017 04/24/17 | For Sale | $1,250,000 | -- | $338 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Deed | $1,165,000 | Cornerstone Title Co | |
| Trustee Deed | $608,900 | None Available | |
| Grant Deed | $100,000 | Santa Cruz Title Company | |
| Interfamily Deed Transfer | -- | Santa Cruz Title Company | |
| Grant Deed | $845,000 | Fidelity National Title | |
| Interfamily Deed Transfer | -- | Fidelity National Title | |
| Grant Deed | $795,500 | Fidelity National Title | |
| Grant Deed | $270,500 | First American Title Ins Co |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $865,000 | New Conventional | |
| Previous Owner | $581,000 | Purchase Money Mortgage | |
| Previous Owner | $596,400 | Purchase Money Mortgage | |
| Previous Owner | $216,400 | No Value Available | |
| Closed | $69,650 | No Value Available |
Source: MetroList
MLS Number: 225044459
APN: 068-071-003-000
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