949.689.1669 | email ROSS

310 5th Street

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310 5th Street

Solvang, CA93463


| 4500 sqft | MLS# PI24182421

Tract:



For Sale $3,600,000

Ross St.John

Armstrong


949.689.1669 | email ROSS

Description

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.

Facts

| Built in 1900 | Lot Size: 8712.00 sqft | HOA Dues: $0/month

Features

Listing provided by Steven Battaglia, Steven Battaglia, Broker

Based on information from California Regional Multiple Listing Service, Inc. as of September 17, 2024. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. 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. Listing provided by: Brian Fischer, Surterre Properties Inc, 949-545-2000, source: Listhub

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Ross St John Armstrong