424 Alvarado Ave, Davis, CA 95616, Davis, 95616 - 2 bed, 2 bath
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424 Alvarado Ave
Davis, CA 95616
ACTIVE
CONDITION: FAIR
2Beds
2Baths
1,160Sq Ft
0Lot Size
Property Price
LIST PRICE$399,900
EST. MARKET VALUE
$422,653
5% BelowMARKET VALUE
SUMMARY
This property presents a Strong Value Opportunity with a List Price of $399,900—positioned well below the $422,654 Fair Market Value by 5%. This valuation gap offers $22,754 in Instant Equity for buyers. Featuring a Fair Condition Rating, the unit requires cosmetic updates, providing significant potential for forced appreciation. Located near UC Davis and top-rated schools like Davis Senior High (9/10), this asset is ideal for Buy-and-Hold Investors or first-time buyers seeking a high-demand location.
Estimated Market Value
$422,653+$22,753 Equity Potential
Based on Realkey algorithm analyzing recent comparable sales in Davis.
Comparable Sales Map
Comparables within 1 miles sold in recently
Map unavailable.
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 424 Alvarado Ave Subject 2 bd · 2 ba · 1,160 sqft · $364 | $399,900* List Price | 2 | 2 | 1,160 | $364 | - |
A 2007 Alta Loma Street Active 3 bd · 2 ba · 1,200 sqft · $425 · 0.1 mi | $510,000 List Price | 3 | 2 | 1,200 | $425 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Fair
TeardownExcellent
Property is moderate renovation needed.
Built in 1972, this 52-year-old property is described as needing TLC, fresh carpeting, and updated fixtures. While the listing states it is comfortable and livable, the age and lack of recent major renovations place it in the dated category requiring cosmetic updates to the kitchen, baths, and flooring.
PROSSTRENGTHS & OPPORTUNITIES
- Great Schools
High School: Davis Senior High School (9/10).
- Prime Location
Situated in a highly desirable Davis neighborhood close to UC Davis, making it an ideal choice for university affiliates or as a high-demand rental investment.
- Value-Add Potential
The property offers a significant opportunity for equity growth through cosmetic updates like new flooring and fixtures, allowing buyers to customize the space to their taste.
CONSRISKS & DEFICIENCIES
- Needs Renovation
The interior requires immediate attention, including fresh carpeting and updated fixtures, which necessitates additional upfront capital beyond the purchase price.
- Dated Configuration
Built in 1972, the unit features a 1.5-bath layout rather than two full bathrooms, which may be less convenient for roommates or families compared to modern standards.
About 424 Alvarado Ave
Great Davis Location - Close to UC Davis! Location, convenience, and potential! This 2-bedroom, 1.5-bath condominium offers 1,160 square feet of comfortable living space in the desirable city of Davis, conveniently located near UC Davis. Built in 1972, this home has plenty of potential for buyers looking to add their personal touches. While some TLC, fresh carpeting, and updated fixtures would enhance its appeal, the property remains comfortable and livable as it is. Enjoy the added benefit of a private fenced rear patio, offering a pleasant outdoor space for relaxing, gardening, or entertaining. The property also includes two parking spacesone covered and one uncovered. Whether you're searching for a personal residence or an investment opportunity, this condominium presents an opportunity to make improvements over time while enjoying its convenient Davis location. A little imagination and updating could make this property truly shine!
Property Details
Public Facts
- Property Type
- Condominium
- Year Built
- 1972
- Lot Size
- -
Interior
- Total Bedrooms
- 2
- Total Bathrooms
- 2 (2 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $390 / Month
Neighborhood Insights
Davis Unified Schools
North Davis Elementary School
Grades K-6 • 0.4 mi
7/10
Oliver Wendell Holmes Junior High School
Grades 7-9 • 0.8 mi
7/10
Davis Senior High School
Grades 10-12 • 0.4 mi
9/10
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 2.0 | 2.0 |
| Baths | 2.0 | 2.0 |
| Square foot | 1,160 | 1,314.429 |
| Lot Size | - | 1,473.714 |
| Price | $399.9K | $556.4K |
| Price per sq ft | $345 | $423 |
| Built year | 1972 | 1991 |
| HOA | $390 | $459 |
| Days on market | 9 | 55 |
Pricing History
Listed for Sale
Oct 15, 2026
$399,900
Initial Listing
Sold
Jul 31, 1998
$93,500
Public Record
Sold
Sep 19, 1996
$82,000
Public Record