1331 Drake Drive, Davis, CA 95616, Davis, 95616 - 10 bed, 6 bath
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Davis, CA 95616
This Quadruplex is a Strong Value Opportunity, listed at $1,350,000—positioned well below the $1,473,515 Fair Market Value by 8%. This valuation gap offers $123,515 in Instant Equity. With a Condition Rating of 3, the property features modern interior updates and a high-demand unit mix near UC Davis. The intentional vacancy of one unit provides a rare house-hacking scenario. This is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking a stable, income-generating asset in a top-tier school district.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1331 Drake Drive Subject | $1,350,000* List Price | 10 | 6 | 4,100 | $359 | - |
A 828 Adams Terrace Active | $1,495,000 List Price | 9 | 6 | 3,990 | $375 | 0.6 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
While built in 1971, the property shows evidence of significant interior renovations within the 5-15 year range. The kitchen features modern shaker-style cabinetry, stone countertops, and updated laminate flooring. Although the exterior and some bedrooms appear more dated, the units are functional, well-maintained, and move-in ready for tenants.
Elementary School: Robert E. Willett Elementary School (9/10). High School: Davis Senior High School (9/10).
Situated in central Davis with easy bike access to UC Davis and walking distance to major shopping, this property is ideally positioned to attract a consistent tenant base of students and faculty.
The intentional vacancy of a unit for the upcoming cycle provides a rare opportunity for an owner-user to occupy the property while benefiting from the income of the remaining three units.
Living area discrepancy between mls listing and other public or private record. mls listing living area = 4100, other record living area = 4212. Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 10, other record bedroom count = 5.
Varying levels of upgrades across the units suggest potential deferred maintenance and the need for future capital improvements to achieve uniform market rents.
With only one off-street parking space per unit for dwellings with up to three bedrooms, the property may face challenges accommodating multiple vehicles per household.
Great 4-plex in central Davis. Easy bike ride to the UC Davis campus and an easy walk to the Marketplace shopping center. This 4-plex has two 3 bedroom, 1 1/2 bath units and two 2 bedroom 1 bath units. The amount of upgrades to each of the units varies. All the units have good floorplans and at least 1 off street parking space. Coin operated laundry on site. Unit B is NOT rented for the 9/1/2026 to 8/31/2027 year, owners keeping it vacant for possible owner occupancy.
No exterior & parking available.
Grades K-6 • 0.4 mi
Grades 7-9 • 0.9 mi
Grades 10-12 • 0.8 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 10.0 | 8.0 | 50% |
| Baths | 6.0 | 6.0 | 50% |
| Square foot | 4,100 | 3,478 | 50% |
| Lot Size | 9,640 | 8,082.5 | 50% |
| Price | $1.35M | $1.20M | 50% |
| Price per sq ft | $329 | $349 | 50% |
| Built year | 1971 | 1975 | 50% |
| HOA | $0 | $0 | 50% |
| Days on market | 25 | 191 | 50% |
May 20, 2026
$1,350,000
Initial Listing
Nov 1, 2023
$1,280,000
Public Record
Apr 2, 2012
$649,000
Public Record