423 L Street, Davis, CA 95616

$1,300,000

Property Description

Property features a 6,000+/- sf building, 100'x120' city lot in downtown Davis, located at 5th and L Street's. This is a great opportunity for an infill project, raise the bar with a multi-story building, podium first floor, commercial on the bottom, apartments or some kind of multi- family on top. Current tenants have been there for sometime, good rents, lower than market to retain them. Steel frame building, metal roof, low pitch roof, concrete slab, siding stucco, metal, and brick veneer. Wood framing in the interior of the building. Finished interior height 12+/-ft, most units have their own thermostats for the HVAC. There are common bathrooms, ADA Compliant, black top surrounds the building with security gates for after hour security. Property has good street frontage and parking access. Situated in downtown Davis, near the University, central to all that Davis has to offer.

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Courtesy of Lyon Real Estate Lp, .

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