New

$3,200,000

For Sale

2 days ago

212 University Ave, Davis, CA

Name: 212 University Ave, For Sale in Davis - eXp Realty
Brand: Berkshire Hathaway
SKU: 226085101
Price: 3200000 USD

House

MLS® 226085101

0 Bed

0 Bath

Key Facts
Description
Map

Key Facts

Type Commercial Land

Levels Land

Size -

Garage

Taxes

Days Active 17

Lot Size 0.15 Acres

Approx. Age

MLS® Number 226085101

Property Address: 212 University Ave, Davis, CA, 95616-4536

Average square foot calculated using Size range provided by listing agent.

Description

Fully Entitled 20-Unit 75-Bed Multifamily Development Site. An exceptional opportunity to acquire a fully entitled, conditionally approved multifamily development site just one block from the University of California, Davis. Providing a mix of 3 and 4 bedroom units with 15% of the units being affordable housing. Positioned in one of the region's strongest rental markets, this project is designed to deliver 20 apartment units totaling 75 beds, making it ideally suited for student housing, graduate housing, faculty and staff residences, or other university-related residential uses. With major entitlement milestones already achieved, the project offers a significant head start compared to a ground-up entitlement process, allowing a developer to focus on completing the remaining pre-construction requirements and moving toward permit issuance.Prior to issuance of building permits, the buyer will need to complete the remaining architectural, engineering, and related soft-cost documentation required by the City, including preparation and submission of final construction drawings and associated consultant plans. This provides an opportunity for the purchaser to finalize design details while avoiding the time, uncertainty, and expense associated with securing initial project approvals. The Davis market continues to experience strong demand for high-quality housing driven by university enrollment, faculty recruitment, research activity, and limited housing supply. Development opportunities this close to campus are increasingly scarce, making this project an attractive investment for developers seeking a well-positioned multifamily asset with substantial entitlement work already completed. This offering combines an irreplaceable infill location, advanced project approvals, and the opportunity to deliver purpose-built housing in one of California's most supply-constrained university markets.

MLS® Number226085101

Laundry Level

Central VacNo

FireplaceNo

Acreage

Exterior

Garage

Approx. Age

Basement

Driveway

Garage Spaces

Heat

A/C

Extras

Price History

Jan 1, 1800End Date

Not Sold YetSold Price

For Sale

Jul 21, 2026List Date

$3,200,000List Price

Commute

Commute

Starting Address

Destination Address

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Listing Agent

Matthew A. Thomas

[email protected]

(415) 342-7293

Listing Agent

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