Property Detail

310 5th

Solvang CA 93463

$3,600,000

Status: Active

Property Details

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.

Map Location

Listing provided courtesy of Steven Battaglia of Steven Battaglia, Broker. Last updated 2024-11-24 09:14:51.000000. Listing information © 2024 CRMLS.

John Collins

John Collins

DRE# 01948188
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