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505 I Street, Davis, CA 95616
$6,550,000
505 I Street, Davis, CA 95616View this property at 505 I Street, Davis, CA 95616
505 I StreetDavisCA95616
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Property Description
KW 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.
Full Property Details
Full Property Details for 505 I St
General
- Sold For: $6,550,000
- Taxes: $74,161
- Status: Closed
- Type: Multi-Family
- MLS ID: 223093658
- Added to Site: 234 day(s) ago
Interior
- Appliances: Electric Cook Top, Free Standing Electric Range, Other
- Flooring: Carpet, Tile, Laminate, Wood, Other
Rooms
Other Rooms
- Laundry: Coin Operated, In Common Area
Additional Information
- Security/Safety: Carbon Mon Detector, Fire Extinguisher, Smoke Detector, Other
Exterior
- Deck/Patio: Other
Parking
- Parking Features: Open, Street, Uncovered, See Remarks
- Parking: Open, Street, Uncovered, See Remarks
Location
- County: Yolo
- Cross Streets: 5th Street
- Driving Directions: Take I-80 East, Exit Richards Boulevard N towards downtown, Right onto 1st Street, Right on 2nd Street, Left on H Street, Right on 3rd Street, Left onto I Street.
School Information
- School District: Yolo
- Elementary School: Davis Unified
- Middle School: Davis Unified
- High School: Davis Unified
Heating & Cooling
- Cooling Type: Wall Unit(s), Window Unit(s)
- Heating Type: Wall Furnace, Individual, Other
Structural Information
- Architectural Style: Traditional, Other
- Construction: Stucco, Frame, Wood, Other
- Basement Desc.: None
- Roof: Shingle, Other
- Disability Access: Other
- Stories/Levels: 2
- Year Built: 1962
Lot Features
- Lot Size (Acres): 0.75
- Lot Size (Sq. Ft.): 32,670
- Zoning: R-2
Green Features
- Energy Conservation: Exposure/Shade
Financial Considerations
- Price Per Sq. Ft.: $314.15
- Price Per Acre: $8,733,333.33
- Other Fee: $28,934
- Tax Amount: $74,161
- Terms: 1031 Exchange, Cash, Conventional
- Tenant Pays: Electricity, Gas, Other
- Tenant Expense: Electricity, Gas, Other
Disclosures and Reports
- Buyer’s Brokerage Compensation: 2%
Listed by Keller Williams Realty
Sold by Nor Cal Commercial R E
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Schools
Schools serving 505 I St
School District:Davis Joint Unified School District
Rating | Name | Grades | Distance |
---|---|---|---|
555 E 14th St, Davis, CA 95616 | K-6 | 0.7 mi | |
1220 Drexel Dr, Davis, CA 95616 | 7-9 | 0.6 mi | |
315 W 14th St, Davis, CA 95616 | 9-12 | 0.9 mi |
Disclaimer: School ratings provided by
GreatSchools. Ratings are on a scale of 1-10.
Learn more about GreatSchools ratings.
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 505 I St
Date
Details
Price
Change
Source
12/15/2023
Sold
$6,550,000
-3.68%
MLS
9/25/2023
Listed
$6,800,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
505 I Street, Davis, CA 95616 (MLS# 223093658) is a Multi-Family property that was sold at $6,550,000 on December 15, 2023. Want to learn more about 505 I Street? Do you have questions about finding other Multi-Family real estate for sale in Davis? You can browse all Davis real estate or contact a Coldwell Banker agent to request more information.