$3,600,000
- Beds
- Unknown
- sq ft
- 4,500
310 5th St, Solvang, CA 93463
310 5th St
Solvang, CA 93463
- 81 days on market
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.
Details
Property type
Apartment
Lot size
8,712 sq ft
Price per sq ft
$800
Year built
1900
Price History
09/03/2024
CRMLS #PI24182421
Listed
$3,600,000
Schools & Community
Elementary school:
Unknown
Middle school:
Unknown
High school:
Unknown
Community features: Park
Community features:
Park
Status: Active
Tomo last checked: 11/23/2024 at 11:50 AM
Listing updated: 10/06/2024 at 8:21 PM
Listed by: Steven Battaglia, Steven Battaglia, Broker Phone #: (805) 688-5333
MLS: CRMLS #PI24182421
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