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Sold on 08/19/2022
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1422 Drake Dr, Davis, CA 95616

  • $1,337,000

    Last sold 08/19/2022 for $1.5M

  • bed

  • bath

  • 3,900

    Sqft ($385/Sqft)

Multi-family not for sale
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About 1422 Drake Dr

Property type Multi-family
Neighborhood
Year built 1969
HOA fee $0/month
Lot size 8,525 Sqft
Movoto estimate
Rental estimate
Property description
1422 Drake Dr is an opportunity to acquire (4) units comprised of two and three bedroom townhouse style floor plans in Davis, CA, one of the strongest rental markets in the country. The property is comprised of (2) three-bedroom one and one-half-bathroom townhouses and (2) two-bedroom one-bathroom townhouses, all boasting size-able square footage. The property has undergone recent improvements including new dual pane windows, HVAC, & hot water heaters. This opportunity presents the savvy investor with the infrequent opportunity to own in a market with low transaction velocity, strict inventory growth restrictions imposed by the city, and high demand from the ever increasing enrollment at UC Davis resulting in less than 2% average vacancy through the last decade.
Listed by
Listing Agent - Tyler T Donahue
Listing Office - ALIVE Commercial Real Estate
Source: Metrolist Services,Inc. mls logo
MLS#222092828 • last updated 3 years ago
Movoto checked Metrolist Services,Inc. for data 9 minutes ago
Overview
Cooling/AC Central
Heating Central, Hot Water
Levels/Style 2
Type Residential Income
MLS # 222092828
Status Closed
SubType Quadruplex
SqFt 3900
Lot Size (Sqft) 8525
Lot Size (Acres) 0.1957
Year Built 1969
Interior
Laundry In Common Area
Flooring Carpet, Simulated Wood, Tile
Exterior
Foundation Slab
Roof Flat
Construction Stucco, Wood
Parking Off Street, Guest Parking Available
Lot Features Curbs/Gutters
Irrigation Source Other
Amenities / Utilities
Sewer/Septic Other
Water Source Other
Location
Elementary School District Davis Unified
Middle School District Davis Unified
High School District Davis Unified
Directions Located Off W Covell And Sycamore Ln.
APN 034-012-003-000
Zoning R-3
Multifamily Details
Total # of Units 4
Income Includes Rent Only, Laundry
$1.33M
Range: $1.13M-$1.53M
Last 30 days 
Rental est.: $1,031/month
Gross rent multiplier: 124.1
  • Aug 2022
    mls logo MLS # 222092828
  • Aug 19, 2022 Sold
    $1,500,000 (-2.3%)
  • Jul 18, 2022 Pending
  • Jul 12, 2022 Listed
    $1,535,000
  • 1422 Drake Dr
    $1.5M
  • Central Davis
    $999K -11% y/y
  • 95616
    $849K -6% y/y
  • Davis
    $848K 0% y/y
No chart available
Statistics calculated by Movoto

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9/10
Source: GreatSchools.org © 2026. All rights reserved.

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