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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
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
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

Walk Score ®
Very Walkable (77)
Bike Score ®
Biker's Paradise (93)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®

Amenities

  • Banking
  • Property Manager on Site

zoning

Zoning Code C-S (Commercial Service)
C-S (Commercial Service)
  • Listing ID: 33639847

  • Date on Market: 10/25/2024

  • Last Updated:

  • Address: 1615 5th St, Davis, CA 95616

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