Home | Yolo County | Davis | 95616 | 503 1st St
MLS: ME226134787 | Status: Active | Price: $4,250,000
Beds/Baths: – / –
Property Type: Residential Income
| Beds | Baths | Sq Ft | Acres Lot | Yr Built |
|---|---|---|---|---|
| – | – | 11,979 | 0.32 | – |
Exceptional Student Housing Investment Opportunity in the Heart of Davis! Offered at $4,250,000, this remarkable, custom-built 2023 property presents a rare opportunity to acquire a modern, high-capacity residential investment in the desirable UC Davis community. Situated on approximately one-third of an acre, this impressive three-story building features 18 bedrooms with accommodations for up to 35 beds, thoughtfully designed to support comfortable and functional group living. The property offers an expansive communal kitchen, generous dining and gathering areas, multiple restrooms and shower facilities, and dedicated libraries and study spaces on each floor. A spacious basement provides additional room for meetings and group activities, while an inviting covered front porch and outdoor deck enhance the property's appeal. Originally constructed as the Beta Epsilon House of Theta Xi, an organization with nearly 75 years of history at UC Davis, the property currently accommodates both fraternity members and other residents, primarily university students. Significant income growth potential! Currently operating at approximately 55.5% occupancy, with eight bedrooms available for lease, the property offers an opportunity for increased rental revenue through improved occupancy and
| Field | Value |
|---|---|
| MLS # | ME226134787 |
| MLS Source | MetroList Services, Inc. |
| Days on Site | 1 |
| Feature | Details |
|---|---|
| Appliances | Dishwasher, Garbage Disposal, Microwave, Oven - Built-In, Oven - Gas, Refrigerator |
| Cooling | Central Forced Air |
| Heating | Central Forced Air, Solar |
| Feature | Details |
|---|---|
| Roof | Composition |
| Foundation | Other |
| Style | Modern/High Tech |
| Feature | Details |
|---|---|
| Garage/Parking | Off-Street Parking, Garage: 0 Car(s) |
| Sewer | Public Sewer |
| Water | Public |
| HOA Fee | $0 |
| Zoning | MU |
Matthew Dolcini
RE/MAX Gold, Good Home Group
License #: 01442145
Phone: (530) 219-2871
| # Buildings | # Leased Units | # Total Units |
|---|---|---|
| 1 | 11 | 18 |
School data provided by GreatSchools.org
| School | Type | Grades | Distance | Rating |
|---|---|---|---|---|
| Davis School For Independent Study | public | K-12 | 0.41 mi | 10 |
| King (Martin Luther) High (Continuation) School | public | 9-12 | 0.53 mi | 3 |
| Davis Special Education Pre-School | public | UG | 0.84 mi | N/A |
| Oliver Wendell Holmes Junior High School | public | 7,8,9 | 1.01 mi | 8 |
| North Davis Elementary School | public | K-6 | 1.05 mi | 7 |
| Davis Senior High School | public | 10-12 | 1.15 mi | 10 |
| Davis Adult Education | public | UG | 1.18 mi | N/A |
| Cesar Chavez Elementary School | public | K-6 | 1.32 mi | 8 |
| Marguerite Montgomery Elementary School | public | K-6 | 1.37 mi | 7 |
| Birch Lane Elementary School | public | K-6 | 1.50 mi | 8 |
| Robert E. Willett Elementary School | public | K-6 | 1.55 mi | 10 |
| Ralph Waldo Emerson Junior High School | public | 7,8,9 | 1.96 mi | 7 |
| Fred T. Korematsu Elementary School At Mace Ranch | public | K-6 | 2.12 mi | 7 |
| Patwin Elementary School | public | K-6 | 2.17 mi | 7 |
| Frances Ellen Watkins Harper Junior High School | public | 7,8,9 | 2.56 mi | 6 |
| Pioneer Elementary School | public | K-6 | 3.09 mi | 10 |
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This listing information is up-to-date as of November 05, 2026. For the most current information, please contact Matthew Dolcini, (530) 219-2871.