
Davis, CA 95618
This Value-Add Fixer-Upper is listed at $550,000, aligning closely with its $542,180 Fair Market Value. While currently holding a Condition Rating of 5 due to significant neglect, the property represents a High-Potential Investment Opportunity through its rare 5-bedroom layout and spacious 8,586 sq ft corner lot. Located minutes from UC Davis, the asset is primed for high-yield student housing or a full-scale rehabilitation to capture market appreciation. This "as-is" acquisition is a strategic play for Fix-and-Flip Investors or Contractors.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 2802 Layton Drive Subject | $550,000* List Price | 5 | 2 | 1,640 | $331 | - |
A 2507 Lafayette Drive Sold | $469,000 | 3 | 2 | 1,325 | $354 | 0.4 mi |
B 1718 Pole Line Road Sold | $480,000 | 5 | 2 | 1,472 | $326 | 1.0 mi |
C 1714 Pole Line Road Sold | $559,205 | 5 | 2 | 1,485 | $377 | 1.0 mi |
D 2320 Denison Drive Sold | $530,000 | 3 | 2 | 1,287 | $412 | 0.6 mi |
E 2505 Loyola Drive Active | $649,000 List Price | 4 | 2 | 1,632 | $398 | 0.4 mi |
* Subject property listed price vs sold prices of comps.
Property is extensive renovation needed.
The property is in a state of significant neglect and is being sold 'as-is,' with the listing noting it likely won't qualify for traditional financing. Interior photos show severely stained and worn red carpeting, outdated and soiled bathroom fixtures, and walls with visible damage and grime. Built in 1973, the home appears to have had no major updates, requiring a full-scale rehabilitation of the kitchen, bathrooms, flooring, and wall surfaces to be habitable by modern standards.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 8586, living area = 1640.
Configured as a 5-bedroom residence near UC Davis, this property is ideally positioned for student housing or a high-yield investment in a high-demand rental market.
Situated on a spacious 8,500 sq ft corner lot, the property offers significant outdoor space and privacy within an established neighborhood close to parks and bike paths.
Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 5, other record bedroom count = 3.
Due to its current condition, the property may not qualify for traditional financing, likely requiring cash buyers or specialized renovation loans.
The home is being sold in as-is condition and requires significant repairs or upgrades, necessitating a substantial additional investment beyond the purchase price.
Opportunity in the heart of Davis! This two-story home sits on a spacious 8,500 sq ft corner lot in an established neighborhood and is currently configured as a 5-bedroom, 2-bath residence, offering excellent rental potential or student housing near UC Davis. The home features a unique floor plan, a fireplace, and full bathrooms upstairs and downstairs. Located minutes from UC Davis, parks, shopping, and Davis' extensive bike path system.Property to be sold as-is. Due to condition, the home may not qualify for traditional financing; buyers should verify loan options with their lender.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 5.0 | 3.0 | 87% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 1,640 | 1,601 | 51% |
| Lot Size | 8,586 | 6,778 | 77% |
| Price | $550.0K | $705.0K | 26% |
| Price per sq ft | $335 | $442 | 19% |
| Built year | 1973 | 1987 | 40% |
| HOA | $0 | $0 | 50% |
| Days on market | 37 | 194 | 8% |
Mar 16, 2026
$550,000
Initial Listing