828 Adams Terrace, Davis, CA 95616, Davis, 95616 - 9 bed, 6 bath
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Davis, CA 95616
This Triplex Residential Income Asset represents a Strong Value Opportunity, listed at $1,495,000—positioned above the $1,374,799 Fair Market Value. While priced at a premium, the property generates a robust $9,245 monthly rental income, ensuring immediate cash flow in the high-demand West Davis market. Featuring a Condition Rating of 4, the units offer a functional 3-bedroom, 2-bath layout with central HVAC. This is a stable, income-producing acquisition ideal for Buy-and-Hold Investors or Portfolio Diversifiers seeking consistent rental demand near UC Davis.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 828 Adams Terrace Subject | $1,495,000* List Price | 9 | 6 | 3,990 | $345 | - |
A 1331 Drake Drive Active | $1,350,000 List Price | 10 | 6 | 4,100 | $329 | 0.6 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1985 (39 years old), the property is dated and exceeds the 20-year threshold for updates. However, the description indicates it is 'well-maintained' with functional central HVAC systems and strong rental performance, suggesting it requires minor cosmetic updates rather than a full structural rehab.
The property generates a robust monthly rental income of $9,245, offering an attractive cap rate and immediate cash flow for investors in the competitive Davis market.
Each of the three units features a desirable 3-bedroom, 2-bathroom layout with a ground-floor bedroom and full bath, maximizing appeal for both student and family renters.
Situated near UC Davis, major bus lines, and top-rated K-12 schools, the property is positioned in a high-demand area that ensures consistently low vacancy rates.
The $561 monthly association fee represents a significant recurring operating expense that impacts the net operating income and overall investment yield.
Built in 1985, the property may soon require capital expenditures for modernization or system upgrades to remain competitive with newer residential income developments.
Excellent investment opportunity in desirable West Davis! This well-maintained triplex features three spacious units, each offering 3 bedrooms and 2 full bathrooms, including a convenient ground-floor bedroom and full bath. All units are equipped with central HVAC for year-round comfort. Tenants enjoy abundant on-site parking and a prime location near parks, K-12 schools, bus lines, shopping, and UC Davis. The property generates strong rental income of $9,245 per month, making it an attractive addition to any investment portfolio. High-demand rental location with consistent tenant appeal and easy access to major community amenities throughout Davis.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 9.0 | 7.5 | 50% |
| Baths | 6.0 | 6.0 | 50% |
| Square foot | 3,990 | 3,423 | 50% |
| Lot Size | 7,013 | 6,769 | 50% |
| Price | $1.50M | $1.27M | 50% |
| Price per sq ft | $375 | $371 | 50% |
| Built year | 1985 | 1982 | 50% |
| HOA | $561 | $280 | 50% |
| Days on market | 5 | 177 | 50% |
Jun 1, 2026
$1,495,000
Initial Listing