$1,100,000
$1,175,000
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8,470 Sqft Lot
SOLD DATE : 07/12/2024
Key Details
Sold Price $1,100,000
Property Type Multi-Family
Sub Type Duplex
Listing Status Sold
Purchase Type For Sale
Subdivision Carden Estates
MLS Listing ID 224051954
Sold Date 07/12/24
HOA Y/N No
Originating Board MLS Metrolist
Year Built 1978
Lot Size 8,470 Sqft
Acres 0.1944
Property Description
WOW!!!! Here's your incredible opportunity. Right on the corner of Humboldt and Arthur that leads right into UCD. Very spacious 3 bedroom 2 bath on each side with nice size backyards. 1703 side has a nice area of Astro turf and stays beautifully green all year long. High sloping ceilings with beautiful wooden beams and lots of big skylights to flood the home with light. Each home has a two car garage and a nice laundry room and closet. Both homes will have a Clear City of Davis Resale report and a Clear Pest Inspection. Please cover or remove shoes at 1703.Ok everyone wants to know why are the rents so low. Well this is the classic story of the little old Lady that owned some real estate and every year when the property manager told her she could raise the rents she would say no I don't want to hurt them and I only want what I need. Eventually she came up a little but not even close to market rent. Tenants pay until August 29,2024 $1575 a month but a new owner does not have any restrictions on raising the rent to what it should be at least $2900-$3100 a month. Will have clear city and pest. Be the smart one, get the property now with only 2 maybe 3 months of low rent and then. Finally Fair market rent again for the buyer.
Location
State CA
County Yolo
Area 11404
Direction From North bound Arthur to Humboldt.
Interior
Interior Features Vaulted Ceiling(s), Skylight(s)
Heating Central
Cooling Central
Flooring Carpet, Vinyl
Appliance Dishwasher, Disposal, Free Standing Electric Oven, Free Standing Electric Range
Laundry Other
Exterior
Garage Garage
Garage Spaces 2.0
Utilities Available Natural Gas Connected, Electric
Water Access Desc Meter on Site
Total Parking Spaces 3
Building
Lot Description Shape Regular, Curbs/Gutters
Story 1
Foundation Slab
Sewer In & Connected
Water Meter on Site
Schools
Elementary Schools Davis Unified
Middle Schools Davis Unified
High Schools Davis Unified
School District Yolo
Others
Senior Community No
Tax ID 036-255-005-000
Special Listing Condition None
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