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$3,600,000

Beds
Unknown
sq ft
4,500

310 5th St, Solvang, CA 93463

310 5th St

Solvang, CA 93463

  • 61 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

CRMLS #PI24182421

Listed
$3,600,000

Schools & Community

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

Community features: 

Park

Status: Active

Tomo last checked: 11/03/2024 at 5:45 AM

Listing updated: 10/06/2024 at 8:21 PM

Listed by: Steven Battaglia, Steven Battaglia, Broker Phone #: (805) 688-5333

MLS: CRMLS #PI24182421

CRMLS logo

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