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310 5th Street, Solvang, CA 93463
Priced at Only: $3,600,000
For more Information Call Mobile: 714.478.6676
Address: 310 5th Street, Solvang, CA 93463
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  • MLS#: PI24182421 ( Apartment )
  • Street Address: 310 5th Street
  • Viewed: 4
  • Price: $3,600,000
  • Price sqft: $0
  • Waterfront: No
  • Year Built: 1900
  • Bldg sqft: 0
  • Days On Market: 114
  • Additional Information
  • County: SANTA BARBARA
  • City: Solvang
  • Zipcode: 93463
  • Provided by: Steven Battaglia, Broker
  • Contact: Steven Steven
  • California Regional MLS IDX
  • DMCA Notice
  • Description
    Dont 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
Building Area Total
  1. 4500.00
Commoninterest
  1. Community Apartment
Common Walls
  1. 2+ Common Walls
Country
  1. US
Days On Market
  1. 19
Electric Expense
  1. 410.00
Entry Location
  1. Ground Level
Fuel Expense
  1. 1230.00
Garage Spaces
  1. 0.00
Insurance Expense
  1. 6000.00
Laundry Features
  1. Dryer Included
  2. Washer Included
Lockboxtype
  1. Call Listing Office
Lot Features
  1. Level
Netoperatingincome
  1. 162788.00
Number Of Separate Electric Meters
  1. 10
Number Of Separate Gas Meters
  1. 10
Parcel Number
  1. 139200012
Pool Features
  1. None
Professionalmanagementexpense
  1. 12280.00
Property Type
  1. Apartment
Sewer
  1. Public Sewer
Sourcesystemid
  1. CRM
Sourcesystemkey
  1. 422352835:CRM
Totalexpenses
  1. 82816.00
Trash Expense
  1. 2800.00
Uncovered Spaces
  1. 10.00
Water Sewer Expense
  1. 8362.00
Water Source
  1. Public
Year Built
  1. 1900
Year Built Source
  1. Other
Headshot for Associate Xavier Gomez
  1. Xavier Gomez, BrkrAssc,CDPE
  2. RE/MAX College Park Realty
  3. BRE 01736488
  4. Mobile: 714.478.6676
  5. Fax: 714.975.9953
  6. salesbyxavier@gmail.com
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