310 5th Street, Solvang CA, 93463

Active

310 5th Street

Solvang CA, 93463

$3,600,000

$800.00 per sqft

Active

4,500 sqft

Condos

Built in 1900

Listed by Steven Battaglia with Steven Battaglia, Broker 8056806431

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.

PI24182421

MLSⓇ ID

September 3, 2024

Listed

December 5, 2024

Updated

Map

310 5th Street
Solvang CA, 93463

Interior Features

Total Stories: 2
Appliances: Dryer, Washer
Fireplace: No
Cooling: No
Heating: No

Exterior/Building Features

Lot Size: 0.2 Acres
Lot Features: Level
Sewer: Public Sewer

Other Property Details

Area Name: VANG - Solvang
Days on Market: 78
Garage: No
Parking Total: 10
View: No
County: Santa Barbara
Water Source: Public
Pool: No
Pool Features: None

Listing Contact: 805-688-5333

Based on information from the California Regional Multiple Listing Service (CRMLS) as of 12/5/2024. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, the Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent. Property locations as displayed on any map are best approximations only and exact locations should be independently verified. Any offer of compensation is made only to participants of the MLS where the listing is filed.

Data last updated on 12/5/2024 at 8:39 AM UTC