310 5th Street, Solvang CA, 93463

Active

310 5th Street

Solvang CA, 93463

$3,600,000

$800.00 per sqft

Active

10 Beds

10 Baths

4,500 sqft

Multi-family

Courtesy of Steven R Battaglia, Battaglia Commercial RE

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.

24001729

MLSⓇ ID

September 3, 2024

Listed

November 22, 2024

Updated

Map

310 5th Street
Solvang CA, 93463

Interior Features

Bedrooms: 10
Total Bathrooms: 10
Full Bathrooms: 10
Fireplace: No
Cooling: No
Heating: No

Exterior/Building Features

Lot Size: 0.2 Acres

Other Property Details

Area Name: 38 - Santa Ynez Valley
Garage: No
View: No
County: Santa Barbara
Pool: No

Listed by Battaglia Commercial RE, Steven R Battaglia,
Listing Contact: 8056885333

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