Introducing 4851 Cowell Blvd, a well maintained 4-unit multifamily property in the sought-after El Macero neighborhood of South Davis, CA. This beautifully renovated property, both inside and out, sits on a spacious 0.24-acre lot, presenting a prime investment opportunity. With three of the four units currently below market rent, the next buyer can easily increase income by bringing those rents in line with Davis's competitive market rates. Beyond that, the large lot offers exciting potential. Buyers have the chance to confirm with the City of Davis the ability to develop additional units, leveraging California's new statewide ADU bill. Tenants enjoy the property's prime South Davis location and its tastefully updated features, making this a turnkey asset with room to grow.
Active
Price cut: $46K (7/31)
$1,299,000
4851 Cowell Blvd, Davis, CA 95618
8beds
3,522sqft
Est.:
Quadruplex
Built in 1969
-- sqft lot
$-- Zestimate®
$369/sqft
$-- HOA
What's special
Large lotTastefully updated features
- 118 days
- on Zillow |
- 724 |
- 28 |
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