1615 5th St
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1615 5th St
4,556 SF Flex Condo Unit Offered at $1,900,000 in Davis, CA 95616
Investment Highlights
- On major East/West arterial Street in Davis
- Outskirts of Downtown and just west of UC Davis Campus with quick connections to Interstate 80, Highway 113
- Significant renovation completed by owner occupant in 2018, including new roof, new HVAC, energy saving lighting, new paint, and new carpet.
- Bike Paths/Bike Lanes and Bus Access
- Great window line on Southern Exposure.
- Two story wood frame and stucco construction.
Property Facts
Price | $1,900,000 | Floors | 2 |
Unit Size | 4,556 SF | Typical Floor Size | 4,566 SF |
No. Units | 1 | Year Built | 1982 |
Total Building Size | 7,232 SF | Lot Size | 0.50 AC |
Property Type | Office (Condo) | Parking Ratio | 1.66/1,000 SF |
Sale Type | Investment | Opportunity Zone |
Yes
|
Building Class | C |
Price | $1,900,000 |
Unit Size | 4,556 SF |
No. Units | 1 |
Total Building Size | 7,232 SF |
Property Type | Office (Condo) |
Sale Type | Investment |
Building Class | C |
Floors | 2 |
Typical Floor Size | 4,566 SF |
Year Built | 1982 |
Lot Size | 0.50 AC |
Parking Ratio | 1.66/1,000 SF |
Opportunity Zone |
Yes |
1 Unit Available
Unit 1615
Unit Size | 4,556 SF | Sale Type | Investment |
Price | $1,900,000 | Cap Rate | 6.78% |
Price Per SF | $417.03 | NOI | $128,820 |
Condo Use | Flex |
Unit Size | 4,556 SF |
Price | $1,900,000 |
Price Per SF | $417.03 |
Condo Use | Flex |
Sale Type | Investment |
Cap Rate | 6.78% |
NOI | $128,820 |
Description
Davis office investment property that is 100% leased. This is an office flex investment
Sale Notes
In place income
Great tenant with 5 year lease in place
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Walk Score ®
Very Walkable (77)
Bike Score ®
Biker's Paradise (93)
Amenities
- Banking
- Property Manager on Site
zoning
Zoning Code | C-S (Commercial Service) |
C-S (Commercial Service) |
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1615 5th St
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