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$ 3,895,000
Est. payment | /mo
11,246 SqFt
$ 3,895,000
Est. payment | /mo
11,246 SqFt
Key Details
Property Type Commercial
Sub Type Other
Listing Status Active
Purchase Type For Sale
Square Footage 11,246 sqft
Price per Sqft $346
MLS Listing ID ML82003561
HOA Y/N No
Year Built 1960
Lot Size 0.462 Acres
Acres 0.46
Property Sub-Type Other
Property Description
Marcus & Millichap is pleased to present the Orange Tree Apartments located at 311 7th St, an impeccably maintained apartment community in the desirable college town of Davis, California. Located just minutes from UC Davis, this multifamily investment offers an attractive mix of eight one-bedroom/one-bathroom units and eight two-bedroom/one-bathroom units, providing a well-balanced portfolio for stable rental income. Additionally, the property has undergone significant capital improvements including reinforced foundation, bathroom window replacements, new entrance door, newly paved parking lot, electrical work, and both front and back yard relandscaping. This property presents a valuable investment opportunity in one of the Central Valley's strongest rental markets, with functional advantages over neighboring properties and substantial value-add potential. Its prime location offers residents an easy 3-minute commute to UC Davis, while Sacramento City College and California State University, Sacramento, are just a short drive away. Several public and private schools are also conveniently nearby, making it a sought-after rental option for students and families alike.
Location
State CA
County Yolo
Zoning R-3
Interior
Heating Wall Furnace
Fireplace No
Laundry Coin Operated
Building
Sewer Public Sewer
Water Public
New Construction No
Others
Tax ID 070152013000
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Listed by Andres Lopez • Marcus & Millichap