310 5th Street

Solvang, CA 93463

  • 0 Bed(s)
  • 0 Bath(s)
  • 4,500 Sqft
  • 8712
    Sqft(Lot)
$3,600,000

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.

  • Property Type

    Residential Income

  • County

    Santa Barbara

  • Style

    Residential Income

  • AD ID

    46825383

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Property Details

  • Water/Sewer

    • Water Source : Public
    • Sewer : Public Sewer

    Interior Features

    • Property Appliances: Dryer,Washer

  • Building Information

    • Year Built: 1900
    • Building Area Total: 4,500

    Pool Features

    • None

  • Lot Details

    • Lot Dimensions Source: Vendor Enhanced
    • Lot Size Acres: 0.2
    • Lot Size Source: Assessor
    • Lot Size Square Feet: 8712

  • Listing Price Information

    • Original List Price: 3,600,000
    • Listing Contract Date: 2024-09-03

    Lease Information

    • Listing Agreement: Exclusive Right To Sell

  • Tax Information

    • Parcel Number: 139200012

  • Garage and Parking

    Homeowners Association

    Rental Info

    • Lease Term: Negotiable

  • Other Property Info

    • Source Listing Status: Active
    • Source Neighborhood: VANG - Solvang
    • Directions: From Highway 246 (Mission Dr) turn south on 5th St. Property is 2 blocks down on your left.
    • Source Property Type: Residential Income
    • Area: VANG - Solvang
    • Property SubType: Apartment

    Building and Construction

    • Property Age: 124
    • Common Walls: 2+ Common Walls
    • Structure Type: Apartment
    • Year Built Source: Other
    • Entry Level: 1
    • Entry Location: Ground Level
    • Property Attached: Yes
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BuyOwner last updated this listing 11/23/2024 @ 07:55

  • MLS: PI24182421
  • LISTING PROVIDED COURTESY OF: ,
  • SOURCE: CRMLS

is a Home, with 0 bedrooms which is for sale, it has 4,500 sqft, 8,712 sized lot, and 0 parking. A comparable Home, has bedrooms and baths, it was built in and is located at and for sale by its owner at . This home is located in the city of Solvang , in zip code 93463, this Santa Barbara County Home are nearby neighborhoods.