923 3rd Street, Davis, CA 95616, Davis, 95616 - 2 bed, 2 bath
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Davis, CA 95616
This Historic Single Family Residence is a High-Potential Investment Opportunity, listed at $860,000—positioned above the $735,760 Fair Market Value. While priced at a premium, the property features a Condition Rating of 3 with modern upgrades like a tankless water heater and updated electrical. The R-2 Zoning on a 5,227-square-foot lot provides significant development upside for an additional residence. This unique asset balances historic charm with modern utility, making it an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking a central Davis location.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 923 3rd Street Subject | $860,000* List Price | 2 | 2 | 1,188 | $619 | - |
A 646 F Street Active | $709,000 List Price | 2 | 1 | 1,134 | $625 | 0.4 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
While originally built in 1896, the property has undergone significant recent renovations including a newer roof, updated electrical, newer plumbing, and a tankless water heater. The kitchen and bathrooms are modernized with high-end appliances and granite tile, and the interior features updated laminate flooring, making it move-in ready and well-maintained.
The R-2 zoning on a 5,227-square-foot lot provides a rare opportunity to build an additional residence facing I Street, offering significant value-add or multi-generational living potential.
Situated in the heart of Davis, this property is just steps away from UC Davis, downtown shopping, and dining, making it an ideal location for both residents and investors.
Built in 1896, the home preserves its historic character while featuring essential modern upgrades including a newer roof, updated electrical, newer plumbing, and high-end kitchen appliances.
With only 1,188 square feet of living space and two bedrooms, the home may feel restrictive for larger families or those requiring multiple home office spaces.
The list price of $860,000 represents a premium price point for a two-bedroom home, which may be a hurdle for buyers not looking to utilize the additional development potential.
Originally built in 1896, this charming light-filled home beautifully blends historic character with modern updates in an exceptional central Davis location. Zoned R-2, the property offers exciting potential with ample space to build an additional residence facing I Streetjust steps from shopping, parks, restaurants, and University of California, Davis. The approximately 1,188SF residence features 2 bedrooms and 2 bathrooms with soaring ceilings, abundant natural light, wood laminate and tile flooring, and an inviting kitchen appointed with granite tile countertops and high-end appliances. Thoughtful recent improvements include a newer roof, updated electrical, newer plumbing, and a tankless water heater for modern comfort and efficiency. The price includes a credit towardor installation ofa new sewer line, offering added value and peace of mind. Situated on a generous 5,227-square-foot lot, the property also includes a partial basement plus a one-car carport with additional storage. This adorable historic gem is full of warmth, character, and opportunityready for you to move right in and enjoy!
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 2.0 | 3.0 | 16% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 1,188 | 1,662 | 8% |
| Lot Size | 5,227 | 6,821 | 27% |
| Price | $860.0K | $844.9K | 62% |
| Price per sq ft | $724 | $479 | 97% |
| Built year | 1896 | 1970 | 5% |
| HOA | $0 | $0 | 50% |
| Days on market | 25 | 177 | 3% |
May 12, 2026
$860,000
Initial Listing
Apr 24, 2008
$449,000
Public Record
Jan 29, 2003
$356,000
Public Record
Apr 16, 2001
$200,000
Public Record