Contact Xavier Gomez
Schedule A Showing
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
Property Photos
Property Location and Similar Properties
- MLS#: PI24182421 ( Apartment )
- Street Address: 310 5th Street
- Viewed: 3
- 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
- DMCA Notice
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DescriptionDont 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
- 4500.00
Commoninterest
- Community Apartment
Common Walls
- 2+ Common Walls
Country
- US
Days On Market
- 19
Electric Expense
- 410.00
Entry Location
- Ground Level
Fuel Expense
- 1230.00
Garage Spaces
- 0.00
Insurance Expense
- 6000.00
Laundry Features
- Dryer Included
- Washer Included
Lockboxtype
- Call Listing Office
Lot Features
- Level
Netoperatingincome
- 162788.00
Number Of Separate Electric Meters
- 10
Number Of Separate Gas Meters
- 10
Parcel Number
- 139200012
Pool Features
- None
Professionalmanagementexpense
- 12280.00
Property Type
- Apartment
Sewer
- Public Sewer
Sourcesystemid
- CRM
Sourcesystemkey
- 422352835:CRM
Totalexpenses
- 82816.00
Trash Expense
- 2800.00
Uncovered Spaces
- 10.00
Water Sewer Expense
- 8362.00
Water Source
- Public
Year Built
- 1900
Year Built Source
- Other
- Xavier Gomez, BrkrAssc,CDPE
- RE/MAX College Park Realty
- BRE 01736488
- Mobile: 714.478.6676
- Fax: 714.975.9953
- salesbyxavier@gmail.com