310 5th Street
$3,600,000
10
4,500
4,500
$800
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...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.
- Listed by Steven Battaglia • DRE #01318215 • Brokerage DRE #01318215 • Steven Battaglia, Broker • 8056806431
Property Details for 310 5th Street
Parking Spaces Total
10
Private PoolNo
Total Units10.0
Building TypeAttached
Lot Size SourceAssessor
Living Area4500
Assessor Parcel Number139-200-012
Property Attached YNtrue
LISTING UPDATED: 09/17/2024 09:00 AM
Property Details for 310 5th Street
Status | Active |
---|---|
MLS # | PI24182421 |
Days on Market | 60 |
Taxes | - |
HOA Fees | - |
Condo/Co-op Fees | - |
Compass Type | Multi Family |
MLS Type | Residential Income |
Year Built | 1900 |
County | Santa Barbara County |
Building Information for 310 5th Street
Building/Complex310 5th StFloor-Stories2Residences-Pet Policy-Year Built1900Building Size-
Property Information for 310 5th Street
Property History for 310 5th Street
Date | Event & Source | Price | Appreciation |
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Date | Event & Source | Price |
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For completeness, Compass often displays two records for one sale: the MLS record and the public record.
Public Records for 310 5th Street
Taxable ValueLand$30,494Additions$184,098Total$214,592
Tax Record2024$2,300 ($192 / month)
Home Facts
Lot Size8,712 SqFtStyleMulti-Family Res (5+ Units)CountySANTA BARBARAAPN139-200-012
Schools near 310 5th Street
This home is within Santa Ynez Valley Union High School District.
Rating | School | Type | Grades | Distance |
---|---|---|---|---|
Public - | K to 8 | |||
Public - | 9 to 12 | |||
Public - | 9 to 12 |
Rating | School | Distance |
---|---|---|
Solvang Elementary School PublicK to 8 | ||
Santa Ynez Valley Union High School Public9 to 12 | ||
Refugio High School Public9 to 12 |
School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.
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