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Listed by Andres Lopez • Marcus & Millichap

$3,895,000

Est. payment - /mo

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3 Beds

2 Baths

11,246 SqFt

Open Thu 12PM-3PM

311 7th ST Davis, CA 95616

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Alex Tai

alex@cullinanluxury.com +1(650) 773-2321

OPEN HOUSE

Thu May 01, 12:00pm - 3:00pm

UPDATED:

Key Details

Property Type Commercial

Sub Type Five or More Units

Listing Status Active

Purchase Type For Sale

Square Footage 11,246 sqft

Price per Sqft $346

MLS Listing ID ML82003561

Bedrooms 3

Full Baths 2

Year Built 1960

Lot Size 0.462 Acres

Property Sub-Type Five or More Units

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

Area Davis Central

Building/Complex Name Orange Tree Apartments

Zoning R-3

Interior

Heating Wall Furnace

Cooling Window / Wall Unit

Flooring Carpet

Laundry Coin Operated

Exterior

Parking Features Uncovered Parking

Utilities Available Individual Electric Meters, Individual Gas Meters, Public Utilities

Roof Type Flat / Low Pitch

Building

Foundation Concrete Perimeter, Other

Sewer Sewer - Public

Water Public

Others

Restrictions None

Tax ID 070-152-013-000

Security Features None

Special Listing Condition Not Applicable

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Alex Tai

Founder | License ID: 02025613

+1(650) 773-2321