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
© 2024 by the following Associations of REALTORS®: Lompoc Valley, Santa Maria and Santa Ynez Valley. All Rights Reserved.
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