For Sale

New

204 University Avenue, Davis, CA 95616

204 University Avenue, Davis, Yolo, CA, 95616
16 hours ago
Views: 4

$1,840,000(Negotiable)

Overview

3518906

Type

5 or More Units

Parking

Yes

Sqft

3760

Build Year

1962

Purpose

For Sale

Lot Size

0.15 acres

About This Listing

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).

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MetroList CA data Last Updated: September 24, 2026, 3:10 pm

Data Source: SACM