
Davis, CA 95616
A rare and exceptional triplex investment opportunity in the highly desirable Stonegate community, offering some of the finest amenities in Davis. Situated on an expansive lot of over 17,200 square feet, this unique property combines strong investment potential with an outstanding lifestyle location. All units have been beautifully remodeled with modern finishes and thoughtful updates throughout. Each unit features indoor laundry, its own front and backyard, and two detached garage spaces an uncommon and highly desirable combination that provides added privacy, convenience, and appeal for tenants or future owners. Residents enjoy access to Stonegate's exceptional community amenities, including swimming pools, a fitness center, a beautiful 17-acre lake, lighted tennis and pickleball courts, clubhouse, library, pool/billiards room, and BBQ areas. The community also offers a variety of classes, activities, and special events throughout the year, creating a vibrant and welcoming neighborhood atmosphere. Conveniently located near parks, greenbelts, shopping, dining, schools, and UC Davis, this is a truly special opportunity to own a beautifully updated investment property on a large lot in one of Davis' most sought-after communities.
Property is move-in ready.
Although built in 1973, the property has undergone significant interior updates including modern LVP flooring, stone countertops, and stainless steel appliances. While the kitchen cabinetry remains dated, the overall condition is well-maintained, functional, and move-in ready, fitting the criteria for a property with a 5-15 year renovation profile.
All three units have been beautifully remodeled with modern finishes, indoor laundry, and private yards, ensuring high tenant appeal and immediate rental readiness.
Located in the Stonegate community, residents have access to a 17-acre lake, fitness center, pools, and tennis courts, providing a lifestyle quality that commands premium rents.
The property sits on a rare 17,200+ sqft lot and includes two detached garage spaces per unit, offering a level of privacy and storage seldom found in multi-family investments.
The $702 monthly association fee represents a significant recurring expense that could impact the overall capitalization rate and net cash flow for investors.
Originally built in 1973, the property may require higher long-term maintenance for aging core systems despite the recent cosmetic and interior renovations.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 6.0 | 3.5 |
| Baths | 6.0 | 3.5 |
| Square foot | 3,180 | 2,235 |
| Lot Size | 17,202 | 10,676.5 |
| Price | $1.44M | $1.01M |
| Price per sq ft | $453 | $452 |
| Built year | 1973 | 1972 |
| HOA | $702 | $0 |
| Days on market | 45 | 61 |
Sep 9, 2026
$1,440,000
Initial Listing