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212 University Avenue, 
Davis, CA 95616

$3,200,000


Bed


Bath


-

Sq Ft


0.15

Acres (Lot)


Land

Active

Listed by

Matthew A Thomas

Berkshire Hathaway

Last updated:

July 25, 2026, 03:16 PM

MLS#

226085101

Source:

CABAREIS

About This Land

212 University Avenue

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.

Land Facts

Description/Design:

Land

Lot Size (Acres)

0.15

MLS #:

226085101

Last Updated:

July 25, 2026, 03:16 PM


Finances & Disclosures

Finances

Price:

$3,200,000

Source:CABAREIS
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Contact an Agent

Yes, I would like more information. Please use and/or share my information with a Coldwell Banker ® affiliated agent to contact me about my real estate needs. By clicking Contact, I request to be contacted by phone or text message and consent to being contacted by automated means. I understand that my consent to receive calls or texts is not a condition of purchasing any property, goods, or services. Alternatively, I understand that I can access real estate services by email or I can contact the agent myself.

If a Coldwell Banker affiliated agent is not available in the area where I need assistance, I agree to be contacted by a real estate agent affiliated with another brand owned or licensed by Anywhere Real Estate (BHGRE®, CENTURY 21®, Corcoran®, ERA®, or Sotheby's International Realty®). I acknowledge that I have read and agree to the terms of use and privacy notice.