Great opportunity for investors! This quaint multi-family property is located minutes from Solvang’s downtown tourist district. This 2-story multi-family apartment building features mid-century modern flair, common area laundry room, and off-street parking. Unit mix includes (1) spacious 3-bedroom unit downstairs with back patio and yard, (1) large 2-bedroom unit with… Read More a fabulous covered patio overlooking the mountain range, (2) 1-bedroom units, and (1) studio*, offering a unit style for everyone. Updates within the last 5 years include new furnaces, new siding and paint, new dual pane windows, new roof and much more. New sewer mains and concrete driveway were installed in 2016. This is a “Walker’s Paradise” with a Walk Score of 90 due to its proximity to restaurants, shops, wine tastings, parks and more. Read Less
Listing Snapshot
Days Online
47
Last Updated
Property Type
Apartment
Lot Size
0.17 Acres
Year Built
1969
MLS Number
PI24182713
30 Days Snapshot Of 93463
$
0%
(avg) sold price
0
-100%
homes sold
31
0%
(avg) days on market
Snapshot
Area Map
Additional Details
Appliances & Equipment
Dryer, Washer
Building
Built in 1969, Building area total: 4,104, 1 building, Architectural style: , Attached, Common walls: TwoCommonWallsOrMore
Community
Park
Expenses
Electric expense: $1,500, Fuel expense: $400, Insurance expense: $4,500, Operating expense: $48,452, Trash expense: $1,425, Water sewer expense: $5,215
Garage
4 spaces
Income
Gross income: $159,000, Net operating income: $105,778
Laundry
CommonArea
Lot
0.17 acres, 7,405 square feet, Size: 7,405, Level
Parking
1 open parking space, 5 totals parking
Pool
None
Sewer
PublicSewer
Find The Perfect Home
'VIP' Listing Search
Whenever a listing hits the market that matches your criteria you will be immediately notified.
Based on information from California Regional Multiple Listing Service, Inc. as of and/or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
Confirm your time
Fill in your details and we will contact you to confirm a time.
