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503 1st Street Davis, CA $ 4,250,000
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$ 4,250,000 Get more info
503 1st Street
$ 4,250,000
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503 1st Street

Davis, CA, 95616
$ 4,250,000
Bedrooms-- Baths0.0 Sq 11,979

Monthly Estimate*

$ 29,354

503 1st Street, Davis, CA 95616 - Image 1
503 1st Street, Davis, CA 95616 - Image 2
503 1st Street, Davis, CA 95616 - Image 3
503 1st Street, Davis, CA 95616 - Image 4
503 1st Street, Davis, CA 95616 - Image 5
503 1st Street, Davis, CA 95616 - Image 6
503 1st Street, Davis, CA 95616 - Image 7
503 1st Street, Davis, CA 95616 - Image 8

Multi-Family Home for sale in Davis, CA

for $4,250,000. This 11,979 square foot home was built in 2022 on a lot size of 0.32.

Exceptional Student Housing Investment Opportunity in the Heart of Davis! Offered at $4,250,000, this remarkable, custom-built 2023 property presents a rare opportunity to acquire a modern, high-capacity residential investment in the desirable UC Davis community. Situated on approximately one-third of an acre, this impressive three-story building features 18 bedrooms with accommodations for up to 35 beds, thoughtfully designed to support comfortable and functional group living. The property offers an expansive communal kitchen, generous dining and gathering areas, multiple restrooms and shower facilities, and dedicated libraries and study spaces on each floor. A spacious basement provides additional room for meetings and group activities, while an inviting covered front porch and outdoor deck enhance the property's appeal. Originally constructed as the Beta Epsilon House of Theta Xi, an organization with nearly 75 years of history at UC Davis, the property currently accommodates both fraternity members and other residents, primarily university students. Significant income growth potential! Currently operating at approximately 55.5% occupancy, with eight bedrooms available for lease, the property offers an opportunity for increased rental revenue through improved occupancy and professional management. The building's modern construction, substantial residential capacity, and versatile layout may also provide opportunities for alternative uses, subject to city approval and applicable zoning requirements. Whether continuing its established student housing operation or exploring other permitted uses, this distinctive property represents a compelling opportunity to acquire a substantial income-producing asset in the Davis market. An exceptional combination of newer construction, housing capacity, and future potential!

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Multi-Family Active

Price

$ 4,250,000

Property Type

Multi-Family

Taxes

$ 0

Style

Modern/High Tech

Lot Size

0.32

Year Built

2022

Town/City

Davis

County/Region

Yolo

MLS | Web ID

226134787
Features
General
Sewer Sewer in Street Public Sewer
Heating Central
Cooling Central
Utilities Cable Available Sewer In & Connected Solar Natural Gas Connected
Roof Composition
Appliances Free Standing Refrigerator Built-In Gas Oven Dishwasher Microwave Disposal
Unit 4 Rent 0
Unit 2 Rent 0
Unit 3 Rent 0
Unit 1 Rent 0
HOA Fee 0
Garage Spaces 0.0
Architectural Style Modern/High Tech
Construction Materials Stucco
Year Built 2022
Electric 220 Volts
View Downtown
Stories Count 3
Property Subtype Other
Elevation 0
County Yolo
Property Type Residential Income
HOA N
Total Rooms 0
Close Price 0.0
Status Active
Directions Please use GPS
City Davis
High School District Davis Unified
Zoning Description MU
Open Parking Spaces 0.0
Number Of Units Total 18
MLS Area 11401
Lot Size Square Feet 13939.0
Carport Spaces 0.0
Standard Status Active
Middle/Junior School District Davis Unified
Elementary School District Davis Unified
Year Built Source Assessor Agent-Fill
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Interior
Basement Finished
Flooring Luxury Vinyl Plank
Total Stories 3
Unit 1 Full Baths 0
Unit 2 Full Baths 0
Unit 3 Full Baths 0
Unit1Bedrooms 0
Unit3Bedrooms 0
Window Features Dual Pane Full
Laundry Features Washer/Dryer Owned
Unit 1 Bedroom Units Total 0
Unit 2 Bedroom Units Total 0
Unit 3 Bedroom Units Total 0
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Exterior
Exterior Amenities Fenced Yard
Parking Features Off Street
Lot Features Other
Water Source Meter on Site Meter Required Public
Total Parking 13.0
Foundation Details Other
Number of Buildings 1
Lot Size Acres 0.32
Lot Size Source Assessor Auto-Fill
Covered Spaces 0.0
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Internal Only
Street Number 1 503
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* Excluded Features
List By
Re/Max Gold, Good Home Group

Broker

matt.dolcini@gmail.com

Email

Affordability Calculator

$29,354
Per Month
100%
0%
0%
Monthly Principal & Interest
$29,354
Monthly Property Taxes
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Monthly Home Insurance
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Default based on a 30-year fixed rate of 7.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
3193669 Elementary School
3193773 Middle School
Unknown High School High School
See complete school information
Pricing History
Date Price Price Change Description
11/5/2026 $4,250,000 Listed Price

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503 1st Street, Davis, CA, 95616 is a Multi-Family Home for sale at $4,250,000 with 11,979 sqft and a lot size of 0.32. 503 1st Street has 0.0 baths and was built in 2022. The property's zip code is 95616 which is in Davis, CA

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