909 Alvarado Ave #1, Davis, CA 95616, Davis, 95616 - 2 bed, 1 bath
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909 Alvarado Ave #1
Davis, CA 95616
ACTIVE
CONDITION: GOOD
2Beds
1Baths
1,456Sq Ft
1,202Lot Size
Property Price
LIST PRICE$497,000
EST. MARKET VALUE
$528,333
5% BelowMARKET VALUE
SUMMARY
This Move-In Ready Condominium represents a Strong Value Opportunity, listed at $525,000—positioned well below the $551,718 Fair Market Value by 4%. This valuation gap offers $26,718 in Instant Equity for the buyer. Featuring a Condition Rating of 3, the home includes a Granite Kitchen and private courtyard. Located in a district with Top-Rated Schools like Davis Senior High (9/10), this property is an ideal acquisition for first-time buyers or owner-occupants seeking a stable, low-maintenance lifestyle.
Estimated Market Value
$528,333+$31,333 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 |
|---|---|---|---|---|---|---|
★ 909 Alvarado Ave #1 Subject 2 bd · 1 ba · 1,456 sqft · $363 | $497,000* List Price | 2 | 1 | 1,456 | $363 | - |
A 909 Alvarado Avenue 28 Sold 2 bd · 2 ba · 1,239 sqft · $432 · 0.0 mi | $535,000 | 2 | 2 | 1,239 | $432 | 0.0 mi |
B 1661 Spring Street 433 Sold 2 bd · 2 ba · 1,431 sqft · $423 · 1.0 mi | $605,000 | 2 | 2 | 1,431 | $423 | 1.0 mi |
C 1661 Spring Street 331 Sold 2 bd · 2 ba · 1,191 sqft · $399 · 1.0 mi | $475,000 | 2 | 2 | 1,191 | $399 | 1.0 mi |
D 1661 Spring Street 443 Sold 2 bd · 2 ba · 1,431 sqft · $430 · 1.0 mi | $615,000 | 2 | 2 | 1,431 | $430 | 1.0 mi |
E 2017 Alta Loma Street Active 2 bd · 2 ba · 1,160 sqft · $427 · 0.6 mi | $495,000 List Price | 2 | 2 | 1,160 | $427 | 0.6 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Good
TeardownExcellent
Property is move-in ready.
Built in 1981, this property has been well-maintained and features a kitchen renovation (likely 5-15 years old) with granite countertops and stainless steel appliances. The interior shows updated laminate flooring, plantation shutters, and a modern wall-mounted mini-split HVAC system, making it move-in ready.
PROSSTRENGTHS & OPPORTUNITIES
- Great Schools
High School: Davis Senior High School (9/10).
- Modernized Kitchen
The kitchen features stylish two-tone cabinetry, granite countertops, and stainless steel appliances, offering a contemporary and move-in-ready aesthetic.
- End-Unit Privacy
As an end unit with a private courtyard entry, the property offers enhanced privacy and a more secluded feel compared to interior units within the development.
CONSRISKS & DEFICIENCIES
- High Monthly HOA Fees
The monthly association fee of $437 is a substantial recurring cost that may impact the overall affordability and debt-to-income ratio for potential buyers.
- Limited Bathroom Count
Despite the generous 1,456 square footage, the home only features one bathroom, which can be a significant drawback for families or those hosting guests.
About 909 Alvarado Ave #1
Welcome to this charming 2 bedroom, 1 bath end unit located in the sought after Pajaro development. A private courtyard entry welcomes you into this inviting home, while the end unit location provides added privacy and appeal. The updated kitchen makes a statement with stylish two tone cabinetry, beautifully complemented by granite countertops and sleek stainless steel appliances. The spacious living room features a cozy fireplace, creating a warm and inviting space perfect for relaxing or entertaining. Upstairs, the conveniently located laundry room is complete with a utility sink and cabinetry for added storage and functionality, This wonderful home offers a great combination of style, comfort and low maintenance living in a desirable community. Great location with access to Greenbelt!
Property Details
Public Facts
- Property Type
- Condominium
- Year Built
- 1981
- Lot Size
- 1,202 Sq. Ft.
Interior
- Total Bedrooms
- 2
- Total Bathrooms
- 1 (1 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $437 / Month
Neighborhood Insights
Davis Unified Schools
North Davis Elementary School
Grades K-6 • 0.9 mi
7/10
Oliver Wendell Holmes Junior High School
Grades 7-9 • 1.3 mi
7/10
Davis Senior High School
Grades 10-12 • 0.7 mi
9/10
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 2.0 | 2.0 |
| Baths | 1.0 | 2.0 |
| Square foot | 1,456 | 1,314.429 |
| Lot Size | 1,202 | 1,473.714 |
| Price | $497.0K | $556.4K |
| Price per sq ft | $341 | $423 |
| Built year | 1981 | 1991 |
| HOA | $437 | $459 |
| Days on market | 39 | 55 |
Pricing History
Listed for Sale
Oct 1, 2026
$497,000
$525,000
-5% Price Drop
Initial Listing
Price Change
Sep 17, 2026
$525,000
Initial Listing
Sold
Jul 28, 1998
$119,000
Public Record