Property Description
Don’t miss this very rare opportunity to acquire a well-maintained 10-unit apartment building located in the heart of the desirable City of Solvang. All the units are 1 bed and 1 bath with separate electric and gas meters, and the residents enjoy a private laundry room and off-street parking in the rear of the building. Upgrades within the last 5 years include laminate flooring in many of the units, new water heater, new dual pane windows and a complete replacement of the asphalt driveway and parking lot. The units are close to all that downtown Solvang has to offer, including restaurants, galleries, shops, and more. With over 40% upside in rents, this property offers the prudent investor lots of upside opportunity.
Features
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Address Map
U.S.
California
Santa Barbara
Solvang
93463
310 5th Street
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W121° 51' 18.1''
N34° 35' 35.3''
MLS Addon
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4,500 Sqft
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From Highway 246 (Mission Dr) turn south on 5th St. Property is 2 blocks down on your left.
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2

Residential Income For Sale Solvang

310 5th Street, Solvang, Santa Barbara, California, 93463

8,712 Acre
Visits : 12 in 17 days
$3,600,000
Listing ID #PI24182421
Basic Details
Property Type : Residential Income
Listing Type : For Sale
Listing ID : PI24182421
Price : $3,600,000
Year Built : 1900
Lot Area : 8,712 Acre
Status : Active
Property Sub Type : Apartment
Agent info
Damian M. Ramirez
Damian M. Ramirez
  • 01974515
  • 1213238
  • PWDAMRA
Broker
Broker
A level-headed and composed professional.  Combat veteran and experienced CEO with the ability to train and motivate staff to meet challenging performance targets and consistently satisfy clients with high-quality service.
Contact Agent
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