$2,900,000
For Sale

310 5th Street

Solvang, CA 93463
0.20 acres | #PI25075919
Listing OfficeSteven Battaglia, Broker
Browse 7 photos
Type:Multi-Family
Structure:House
Zone:Residential

Description

This is 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 percent upside in rents, this property offers the prudent investor lots of upside opportunity.

  • Property Details
      • Utility FeaturesElectricityConnected, NaturalGasConnected, WaterConnected
      • Lot DescriptionNearPark, NearPublicTransit
      • CountySanta Barbara
      • Property TypeMulti-Family
      • Sewer InformationPublicSewer
      • Original List Price$2,900,000
      • MLS #PI25075919
      • MLS #PI25075919
      • Property SubtypeApartment
      • Cost2900000
      • Utility SourcePublic
      • Year Built1971
      • Acres0.2
      • Stories2

Location

Gary ElminoufiReal Estate Group
OR

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