Listing provided courtesy of Steven Battaglia of Steven Battaglia, Broker. Last updated 2024-11-27 09:11:20.000000. Listing information © 2024 Sandicor.
Asking Price: $3,600,000
310 5th, Solvang CA 93463
Community: VANG - Solvang
This Apartment property was built in 1900 and is priced at $3,600,000. Please see the additional details below.
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.