Raquel Perez-McDonald
Responds Quickly
Coldwell Banker Select Real Estate
(530) 631-3037
152 Total Sales
20 in Central Davis
$526K - $1M Price Range
525 I St Davis, CA 95616
Central Davis Neighborhood
Studio
--
Bath
--
Sq Ft
0.75
Acre Lot
Highlights
- Private Pool
- 0.75 Acre Lot
- Wood Flooring
- Downtown View
- Traditional Architecture
- No HOA
About This Home
As of December 2023KW Commercial is pleased to present Camellia Apartments, a remarkable investment opportunity, a 30-unit apartment complex located in the vibrant city of Davis, California. This meticulously maintained property offers an exceptional mix of comfort, convenience, and potential for investors seeking long-term returns. This offering presents an exceptional opportunity to acquire a well-positioned and well-maintained apartment complex in one of California's most sought-after cities. Whether you're an experienced investor looking to expand your portfolio or a newcomer seeking a lucrative investment in the thriving Davis market, this 30-unit apartment complex is an opportunity not to be missed.
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Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $74,161
Year Built
- Built in 1962
Lot Details
- 32,670 Sq Ft Lot
- Landscaped
- Sprinklers on Timer
Home Design
- Traditional Architecture
- Concrete Foundation
- Slab Foundation
- Frame Construction
- Shingle Roof
- Concrete Perimeter Foundation
- Stucco
Interior Spaces
- 2-Story Property
- Double Pane Windows
- Downtown Views
- Free-Standing Electric Range
Flooring
- Wood
- Carpet
- Laminate
- Tile
Home Security
- Carbon Monoxide Detectors
- Fire and Smoke Detector
Parking
- 31 Parking Spaces
- On-Street Parking
- Open Parking
Utilities
- Cooling System Mounted In Outer Wall Opening
- Window Unit Cooling System
- Wall Furnace
- Mini Split Heat Pump
- Natural Gas Connected
- High Speed Internet
- Cable TV Available
Additional Features
- Energy-Efficient Exposure or Shade
- Private Pool
Listing and Financial Details
- Tenant pays for electricity, gas
- Assessor Parcel Number 070-341-005-000
Community Details
Overview
- No Home Owners Association
- 3 Buildings
- 30 Units
Amenities
- Coin Laundry
Building Details
- 30 Leased Units
- 3 Vacant Units
- 28 Units Leased Month-To-Month
- Insurance Expense $22,844
- Maintenance Expense $18,517
- Other Expense $28,934
- Professional Management Expense $34,720
- Operating Expense $31,500
- Net Operating Income $310,720
Ownership History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Jan 3, 2025
Sold by
Bought by
Purchase Details
Listed on
Sep 25, 2023
Closed on
Dec 11, 2023
Sold by
Bought by
Seller's Agent
Tuan Nguyen
KW Sac Metro
Buyer's Agent
David Macko
Nor Cal Commercial Real Estate
List Price
$6,800,000
Sold Price
$6,550,000
Premium/Discount to List
-$250,000
-3.68%
Views
28
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,000,000
Interest Rate
10%
Mortgage Type
New Conventional
Purchase Details
Closed on
Mar 20, 2013
Sold by
Bought by
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,930,000
Interest Rate
3.49%
Mortgage Type
Commercial
Purchase Details
Closed on
Jun 9, 2011
Sold by
Bought by
Purchase Details
Closed on
Apr 1, 2011
Sold by
Bought by
Purchase Details
Closed on
Jul 10, 2007
Sold by
Bought by
Home Values in the Area
Average Home Value in this Area
Agents Specializing in Central Davis, CA
-
Raquel Perez-McDonald
-
Claude Blackman
Claude Blackman
RE/MAX Tidal
(858) 264-3080
103 Total Sales
2 in Central Davis
$725,000 Price Range
-
Frank Tadych
Frank Tadych
Nick Sadek Sotheby's International Realty
(612) 230-8845
25 Total Sales
3 in Central Davis
$888K - $1.2M Price Range
-
Cynthia Money
Cynthia Money
Coldwell Banker
(925) 718-0397
32 Total Sales
1 in Central Davis
$1,000,000 Price
-
Anthony Davis
Anthony Davis
Realty ONE Group Complete
(209) 395-1532
21 Total Sales
1 in Central Davis
$760,000 Price
-
Byron MacConnell
Byron MacConnell
RE/MAX Gold Woodland
(530) 298-0357
95 Total Sales
1 in Central Davis
$750,000 Price
Purchase History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| -- | None Listed On Document | ||
| $6,550,000 | Chicago Title Company | ||
| -- | First American Title Ins Co | ||
| $256,500 | Fidelity National Title Comp | ||
| -- | None Available | ||
| -- | Fidelity National Title |
Source: Public Records
Mortgage History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | $2,000,000 | ||
| Previous Owner | $1,930,000 |
Source: Public Records
Property History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 12/15/2023 12/15/23 | Sold | $6,550,000 | -3.7% | -- |
| 10/02/2023 10/02/23 | Pending | -- | -- | -- |
| 09/25/2023 09/25/23 | For Sale | $6,800,000 | -- | -- |
Source: MetroList
Tax History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| 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 |
|---|---|---|---|---|
| 2026 | $83,919 | $6,874,720 | $832,320 | $6,042,400 |
| 2025 | $81,922 | $6,753,870 | $816,000 | $5,937,870 |
| 2023 | $81,922 | $2,582,471 | $513,975 | $2,068,496 |
| 2022 | $36,796 | $2,524,440 | $503,898 | $2,020,542 |
| 2021 | $36,014 | $2,477,741 | $494,018 | $1,983,723 |
| 2020 | $35,474 | $2,460,651 | $488,953 | $1,971,698 |
| 2019 | $34,467 | $2,402,303 | $479,366 | $1,922,937 |
| 2018 | $32,231 | $2,353,855 | $469,967 | $1,883,888 |
| 2017 | $31,727 | $2,323,171 | $460,752 | $1,862,419 |
| 2016 | $35,276 | $2,272,040 | $451,718 | $1,820,322 |
| 2015 | $34,248 | $2,249,231 | $444,933 | $1,804,298 |
| 2014 | $34,248 | $2,209,917 | $436,218 | $1,773,699 |
Source: Public Records
Agents Affiliated with this Home
-
Tuan Nguyen
Seller's Agent in 2023
Tuan Nguyen
KW Sac Metro
(916) 798-5798
1 in this area
15 Total Sales
-
David Macko
Buyer's Agent in 2023
David Macko
Nor Cal Commercial Real Estate
(916) 715-8527
2 in this area
20 Total Sales
Map
Source: MetroList
MLS Number: 223093658
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.
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