Tag Archives: Davis CA

Magnificient Location – 2710 Corona Drive

Rare chance to live on the cherished east side of Corona Drive for under $600,000. Enjoy views of the beautiful yard & scenic Covell Park greenbelt from the living room, kitchen, family room and master balcony. All 3 bedrooms feature balconies with shady views. Custom home designed & built by single owner awaits your updating. Pest & city clearance. Wide 13 ft. side yards offer expansion ideas. 200 sq. ft. attached storage room in addition to 1,908 sq ft of living space. Contact Joe at 530-304-5978 or joe@liveindavis.com for more info or to schedule a private tour of this unique North Davis property.DSCN3468DSCN3466

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Have It All in Central Davis – 229 E. Eighth St.

You’ll love this comfortable, 1,599 sq. ft., three bedroom, two full bath Central Davis ranch replete with updating while maintaining its 1950’s charm. The beautiful redwood fence and colorful morning glories create a private oasis for the large front yard. Inside, you’ll discover hardwood and bamboo floors throughout, stylish kitchen and baths, large living room, and master bedroom with separate entrance. Features include a spacious indoor laundry room, two-car attached garage, two large driveways, newer central heat and air, newer roof, fresh interior paint, and three ceiling fans for energy efficiency. Best of all, leave the car in the garage and enjoy the short walk or bike ride to the Farmer’s Market, restaurants, shopping and campus. Truly quintessential Davis living! Call Joe Kaplan at 530-304-5978 or email joe@liveindavis.com for more info or to schedule a private tour of this very special home on the corner of 8th and B. $490,000.

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Another Client Testimonial for Joe in 2009

Joe Kaplan is an excellent realtor. He works whatever hours it takes to get the job done–rising early, staying up late, and even making phone calls while riding his bike. He patiently guided me through the complicated and deadline-driven process of buying a home, making sure I met my obligations in a timely fashion while minimizing my stress. When other players in the process slacked their pace, he tactfully prodded them back into action. When I encountered roadblocks, he calmly and resourcefully found a way around them. He has great relations with a legion of craftsmen who were able to assist me at a moment’s notice. Thus, even though the chimney had to be rebuilt before escrow could close, the work was completed on time. Throughout the process, he was always friendly and a pleasure to work with. I highly recommend him.

-Vicky Nuttall

317 Encina Avenue – Covell Park Beauty with Eco-Friendly Features and Super Location!

 Have it all in North Davis! This exquisite home is just steps to the magnificient Covell Park greenbelt. From the large, open kitchen, elegant dining room and inspired family room, you’ll enjoy delightful views of the spacious and newly landscaped back yard, and the south-facing living room brims with style and light. You’ll love the oversized bedrooms with beautiful bamboo flooring.

 

The eco-friendly home is loaded with energy-efficient features including dual-paned windows and doors, two furnances and two air conditioners with programmable thermostats, a whole house fan to welcome the Delta breeze in summer evenings, and extra attic insulation.

 

The back yard features a shady patio and trellis, perfect for entertaining or just relaxing. You’ll see new fences and a cheerful garden area with a new drip system. Discover a bounty of colorful, newly planted fruit trees including nectarine, peach, cherry, apricot, pomegranate, plus a variety of citrus. Unbeatable location on a quiet U-shaped street provides an easy bike ride to North Davis Elementary, Community Park, the library and more.  $625,000.

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Apartment vacancy rates remain very low. Should have positive impact on Davis real estate values in 2009.

The annual UC Davis survey of apartment vacancies and rental rates is out. Davis apartment vacancies for 2008 remained very low, under 1%, while rental rates rose 4% in town during the last year.  The findings, as reported on the UC Davis website, appear below:

December 22, 2008

The apartment vacancy rate in the city of Davis increased slightly to 0.8 percent this fall, and rental rates rose by an average of 4.36 percent, according to a survey by the University of California, Davis.

The Office of Student Housing conducts the annual vacancy and rental-rate survey, now in its 33rd year, to provide the campus and the city of Davis with information for future planning.

Last year, the apartment vacancy rate was 0.7 percent, and the average rental-rate increase was 4.18 percent.

Economists and urban planners consider a vacancy rate of 5 percent to be the ideal balance between the interests of landlord and tenant.

“The continuing low vacancy rate confirms that the university’s plan to build more housing for students is a good strategy,” said Emily Galindo, director of Student Housing.

Galindo said the university is moving forward with two projects for student housing, one of which is scheduled to add 600 beds by fall 2010.

According to the UC Davis survey, the average monthly rent this year for unfurnished two-bedroom apartments — which are the most abundant type of apartment unit and account for 45 percent of the units in the survey — rose 4.52 percent, from $1,172 to $1,225.

UC Davis Student Housing surveyed 187 apartment complexes with five or more rental units in October and November; 162 complexes responded. Out of a total of 8,469 units reported, 67 were vacant. The 25 complexes that did not respond to the survey have a total of approximately 389 units. Last year, the 172 survey respondents represented 8,634 units, and the 15 complexes that did not respond to the survey had about 194 units.

The broader region

RealFacts, a Novato, Calif.-based research and consulting service for multifamily apartment communities, reports an average vacancy rate of 2.9 percent and year-over-year rental-rate increase of 2.8 percent for Davis in the third-quarter of the year. In Davis, it surveys apartment complexes with 50 or more units.

Over the same period, the company reports the average vacancy rate and average year-over-year rental changes for the following cities in the region:

* Woodland: 4.1 percent vacancy rate and 4.8 percent rent increase

* West Sacramento: 19.9 percent vacancy rate and 0.6 percent rent increase

Rental rates

Among 12 types of rental units included in the survey, the highest average monthly rent increase was 9.86 percent for 184 furnished one-bedroom apartments (from $771 to $847).

Average rent decreased only for the six furnished studios, from $752 to $611, or 18.75 percent.

The overall average increase in the rental rate is calculated by considering the percentage change for each type of rental unit and the proportion of each type of rental unit among the entire rental inventory.

The survey excludes those apartments that require an income eligibility test to qualify low-income residents for reduced rent, because students typically are not eligible for these units.

Campus housing

Total enrollment for fall 2008 is a record-setting 31,426, up 2.4 percent from last year’s 30,685. Not all students attend classes on the Davis campus itself, and enrollment averaged over the three academic quarters is typically lower than fall enrollment.

UC Davis has about 4,585 students living in residence halls, and an additional 1,820 students live in privately managed housing on campus, such as Russell Park for student families.

Construction for new student residence halls, adjacent to the Tercero South complex at Dairy and La Rue roads, is expected to begin this winter. Three four-story buildings will add a total of 600 beds for fall 2010.

The university is proceeding with its West Village project for housing, a community college center and mixed-use area west of Highway 113, and some student housing could be available as early as fall 2011.

The first phase includes plans for 343 single-family homes for faculty and staff, and apartment housing for up to 1,980 students. At full build-out, the project is expected to offer a total of 475 homes for faculty and staff and housing for 3,000 students.

The university is scheduled to begin off-site improvements in the spring, and its development partner, West Village Community Partnership, plans to start construction of on-site infrastructure next summer.

Fall Classic

This exciting new listing in Mace Ranch at 4032 Alegre Way is certainly best in show with the style and size of Lake Alhambra Estates without the price tag.  Check out the photos, below.  Built in 1999 by Signature Homes with 2,854 sq. ft., five bedrooms and three full baths. Features include hardwood floors, granite counters, vaulted ceilings, new professional landscaping, and a south-facing back yard adjacent to the neighborhood greenbelt. Near parks, Korematsu Elementary and Harper Jr. High.  $700,000.  Call Joe to schedule a private showing of this magnificient home. See the virtual tour! 

UC Davis West Village project moves closer to reality

UC Davis has signed a lease with a developer of the West Village neighborhood, and construction of infrastructure for the project will begin shortly. The controversial development had been unsuccessfully fought by a West Davis neighborhood group due to environmental impact concerns, but a judge ruled against the neighbors in 2006, literally paving the way for the project. When complete, the neighborhood, which lies south of Russell Blvd. and west of Hwy. 113, will contain nearly 500 cottage-style homes similar to the smaller Aggie Village neighborhood (adjacent to Borders), and provide housing space for 3,000 students. As with Aggie Village, the The West Village homes will be offered to UC Davis employees at prices below market value with their equity appreciation capped.

Read the latest press release about the project:

http://www.news.ucdavis.edu/search/news_detail.lasso?id=8772

UC Davis West Village homepage:

http://www.westvillage.ucdavis.edu/index.html