240 2nd Street, Davis, CA 95616

Davis
Local realty services provided by:Better Homes and Gardens Real Estate Everything Real Estate
240 2nd Street,Davis, CA 95616
$2,600,000
  • - Beds
  • - Baths
  • - sq. ft.
  • Multi-family
  • Sold
Listed by: ciana wallace
Office: re/max gold, good home group
MLS#:226048142
Source:MFMLS

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Price summary

  • Price:$2,600,000

About this home

Well-located 8-unit apartment building in the heart of Downtown Davis, just two blocks from UC Davis and within walking distance to restaurants, shopping, the Davis Farmers Market, and the Amtrak train station. Opportunities to acquire apartment properties in this immediate area are extremely limited, with very few sales occurring over the past decade, making this a rare offering in one of the most sought-after rental markets in Northern California. This highly desirable location supports strong and consistent rental demand driven by the university, excellent walkability, and limited housing supply. The property consists of eight 2 bedroom, 1 bath units (16 bedrooms total) and is currently fully leased with a strong occupancy history, providing stable in-place income. Two units are below market due to long-term tenancy, offering clear upside potential as rents move toward market levels. Additional income opportunities include potential increases to market rents, monetizing on-site...

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Home facts

  • Year built:1964
  • Listing ID #:226048142
  • Added:41 day(s) ago
  • Updated:June 03, 2026 at 10:19 AM

Rooms and interior

  • Flooring:Tile Floor, Wood Floors
  • Kitchen Description:Dishwasher, Free Standing Electric Oven, Microwave

Heating and cooling

  • Cooling:Central
  • Heating:Central

Structure and exterior

  • Roof:Flat
  • Year built:1964
  • Lot Features:Curb(s), Shape Regular
  • Construction Materials:Frame
  • Exterior Features:Balcony/Deck
  • Foundation Description:Slab
  • Levels:2 Story

Utilities

  • Sewer:Public Sewer

Finances and disclosures

  • Price:$2,600,000

Features and amenities

  • Appliances:Dishwasher, Free Standing Electric Oven, Microwave
  • Laundry features:In Common Area, Laundry Closet, Washer/Dryer Hookups, Washer/Dryer Owned

Parking

  • Total parking spaces:8
MLS LogoMetroList MLS 2026. This information is being provided by MetroList MLS. All measurements and calculations of area are approximate. Information provided by Seller/Other sources, not verified by Broker. All interested persons should independently verify accuracy of information. Provided properties may or may not be listed by the office/agent presenting the information. Data Updated: June 3, 2026. Information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information deemed reliable but not guaranteed. Any offer of compensation is made only to Participants of MLS where the subject listing is filed and in accordance with such MLS's regulations or rules.

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