310 5th Street, Solvang, CA

$3,600,000

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10

Beds

10

Baths

4,500

Square feet

0.20

Acres

Active

 

About 310 5th Street

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.

Features of 310 5th Street

MLS® # 24001729
Price $3,600,000
Bedrooms 10
Bathrooms 10.00
Full Baths 10
Square Footage 4,500
Acres 0.20
Type Multi-family
Sub-Type Multi-Family
Status Active

Community Information

Address 310 5th Street
Area Santa Ynez Valley
Subdivision Not Applicable
City Solvang
County Santa Barbara
State CA
Zip Code 93463

Amenities

Has Pool No

Interior

Heating Wall Furnace
Cooling None

Exterior

Roof Other
Foundation Slab

Additional Information

Foreclosure No
Short Sale No

Listing Details

AgentSteven Battaglia
OfficeBattaglia Commercial RE

Listing Map

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