Michelle Yu

REALTOR®
License# 01433007
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204 University Avenue, Davis, CA 95616

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$1,840,000

204 UNIVERSITY AVENUE, DAVIS, CA 95616

$1,840,000

MLS# 226117804

Active

  • TypeResidential Income
  • Year Built
  • Days On Market
  • Total Finished Sq. Ft.
  • Lot Size
  • Acres

Property Description

204 University Avenue provides a rare opportunity to acquire an extremely well located multi-family asset in Downtown Davis, positioned within the highly desirable corridor connecting the Downtown core and UC Davis. The property offers immediate in-place income with full occupancy at acquisition, supported by a strong operating track record and very low vacancies. It also includes a rare opportunity within this neighborhood to eventually redevelop a 3-story property with no onsite parking requirements. Offered for the first time in 46 years, 204 University Avenue represents a compelling combination of irreplaceable location, stable cash flow, and longer-term redevelopment potential in one of Davis's most sought-after submarkets. This fully rented 5 unit property is offered at a 5% cap rate, priced at $1,840,000 with an actual 2025 NOI of $92,042. The property is comprised of 2 bed / 1 bath units with in unit laundry, dedicated off street parking and newer mini split HVAC systems (Oct 2022).

Michelle Yu

Michelle Yu

Marketed By

License# 01433007

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Property Details 204 UNIVERSITY AVENUE, DAVIS, CA 95616

  • Sub Type: 5 or More Units
  • School District: Yolo
  • County: Yolo
  • On Market Date: 09/24/2026
  • Date Last Updated: 09/24/2026
  • Year Built: 1962
  • Terms: Submit
  • Garage Description: Off Street
  • Construction: Frame, Wood
  • Roof Type: Flat
  • Floors: Carpet, Vinyl
  • Foundation: Raised
  • Lot Description: Corner, Curbs/Gutters
  • Lot Size (Sq. Ft.): 6,450
  • Heating: Ductless
  • Cooling: Ductless
  • Water: Public
  • Sewer: Public Sewer
  • Utility: Cable Available, Sewer In & Connected, Internet Available, Natural Gas Connected
  • Air: Ductless
  • Tax Amount.: $7,352
  • Parking: Off Street
  • Security Features: Carbon Mon Detector, Double Strapped Water Heater, Fire Extinguisher, Smoke Detector
  • Special Conditions: None
  • The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed.

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