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 percent upside in rents, this property offers the prudent investor lots of upside opportunity.
Property Details
Property Features
Property Information:
Year Built: 2500
Listing Office:
Office Name: Battaglia Commercial Real Esta
Office Phone: (805) 680-6431
Listing Agent: Steven Battaglia
Exterior Features
Parking Information:
Parking: Uncovered
Price Information
Listing Price Info
Price Summary:
List Price: $3,600,000
Tax Information:
Annual Amount: $2,150
Tax Year: 2021
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Housing Market Comparison
See how this home compares to others in Solvang, CA.
This property is $2.5M more than the Median Sold Price in Solvang, CA.
Based on homes sold in October 2024
MLS Details
MLS Information:
MLS Name: Santa Barbara Multiple Listing Service
MLS Number: #24-2910
Listing Office:
Office Name: Battaglia Commercial Real Esta
Office Phone: (805) 680-6431
Listing Agent: Steven Battaglia
The data relating to real estate for sale on this web site comes from the Internet Data Exchange Program of the Santa Barbara Multiple Listing Service. Real estate listings held by other are marked with the “MLS” logo and detailed information about them includes the name of the listing brokers. Based on information from the Santa Barbara MLS. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent. Displays of minimal information (e.g., “thumbnails”, text messages, “tweets”, etc., of two hundred [200] characters or less) are exempt from this requirement but only when linked directly to a display that includes all required disclosures. Audio delivery of listing content is exempt from this disclosure requirement only when all required disclosures are subsequently delivered electronically to the registered consumer performing the property search or linked to through the device’s application. Copyright 2024 Santa Barbara Multiple Listing Service. All rights reserved. Data displayed may be a portion of, and not a complete set of all listings published in the MLS. Last updated on: 11/21/2024, 6:20:54 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Property Sales & Tax
Tax History
YEAR
PROP. TAX
ASSESSMENT
2021
$2,150
$202,218
2020
$2,149
$200,146
2019
$2,069
$196,223
2018
$2,069
$192,377
2017
$2,034
$188,605
History based on county public records data.
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Schools
Schools Nearby
The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.
We're sorry, we currently don't have assigned school data for this listing.
Nearby Schools
9
/10
Ballard Elementary School
2425 School St
Distance between this listing and this school3.68 miles
Public District Grades KG-6
6
/10
Oak Valley Elementary School
595 2nd St
Distance between this listing and this school4.02 miles
Public District Grades KG-5
3
/10
Leonora Fillmore Elementary School
1211 E Pine Ave
Distance between this listing and this school17.42 miles
Public District Grades KG-6
Nearby Schools
6
/10
Solvang Elementary School
565 Atterdag Rd
Distance between this listing and this school0.37 miles
Public District Grades KG-8
7
/10
Jonata Middle School
301 2nd St
Distance between this listing and this school3.53 miles
Public District Grades 6-8
6
/10
Santa Ynez Elementary School
3325 Pine St
Distance between this listing and this school3.61 miles
Public District Grades 1-8
Nearby Schools
7
/10
Santa Ynez Valley Union High School
2975 E Highway 246
Distance between this listing and this school2.79 miles
Public District Grades 9-12
4
/10
Lompoc High School
515 W College Ave
Distance between this listing and this school18.53 miles
Public District Grades 9-12
8
/10
Dos Pueblos High School
7266 Alameda Ave
Distance between this listing and this school18.54 miles
The neighbors living near this home have an average income of $59,306. The majority of Solvang, CA residents have income between $35k-100k annually. Most families are single, no kids. Most residents in this area have post secondary degree education.
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This home is located at 310 5th St in Solvang, CA and zip code 93463. This home was built in 2500. It has been listed on Rocket Homes since September 04, 2024 and is currently priced at $3,600,000.
While more than 0 listings in Solvang, CA in October 2024 were sold above asking price, there were more than 0 listings sold at asking price, and more than 1 were sold below. Between September 2024 and October 2024, Solvang, CA real estate market has seen increase in the number of listings by 6.9%. While the average time on the market in October 2024 was 74 days, the median list price was $1,040,000.
From Rocket Homes Real Estate and based on county public records data.
The data relating to real estate for sale on this web site comes from the Internet Data Exchange Program of the Santa Barbara Multiple Listing Service. Real estate listings held by other are marked with the “MLS” logo and detailed information about them includes the name of the listing brokers. Based on information from the Santa Barbara MLS. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent. Displays of minimal information (e.g., “thumbnails”, text messages, “tweets”, etc., of two hundred [200] characters or less) are exempt from this requirement but only when linked directly to a display that includes all required disclosures. Audio delivery of listing content is exempt from this disclosure requirement only when all required disclosures are subsequently delivered electronically to the registered consumer performing the property search or linked to through the device’s application. Copyright 2024 Santa Barbara Multiple Listing Service. All rights reserved.
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