Property details
About 310 5th St
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 percent upside in rents, this property offers the prudent investor lots of upside opportunity.
Highlights
Summary
- MLS Number: 24-2910
- MLS Name: Santa Barbara Multiple Listing Service
- Office Name: Battaglia Commercial Real Esta
- Office Phone: (805) 680-6431
- Listing Agent: Steven Battaglia
The data relating to real estate for sale on this web site comes from the Internet Data Exchange Program of the Santa Barbara Multiple Listing Service. Real estate listings held by other are marked with the “MLS” logo and detailed information about them includes the name of the listing brokers. Based on information from the Santa Barbara MLS. 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. Displays of minimal information (e.g., “thumbnails”, text messages, “tweets”, etc., of two hundred [200] characters or less) are exempt from this requirement but only when linked directly to a display that includes all required disclosures. Audio delivery of listing content is exempt from this disclosure requirement only when all required disclosures are subsequently delivered electronically to the registered consumer performing the property search or linked to through the device’s application. Copyright 2025 Santa Barbara Multiple Listing Service. All rights reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 2/7/2025, 7:20:55 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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$3,600,000
310 5th St
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Price information
Property sales
We're sorry, we currently don't have property sales data for this listing.
Tax history
| Year | Assessment | Property Tax |
|---|---|---|
| 2024 | $214,592 | $2,299 |
| 2023 | $210,386 | $2,260 |
| 2022 | $206,261 | $2,221 |
| 2021 | $202,218 | $2,180 |
| 2020 | $200,146 | $2,149 |
| 2019 | $196,223 | $2,069 |
| 2018 | $192,377 | $2,069 |
| 2017 | $188,605 | $2,033 |
History based on county public records data.
Nearby schools
9
Ballard Elementary School
Public District KG-6
3.7 mi
•2425 School St
6
Oak Valley Elementary School
Public District KG-5
4.0 mi
•595 2nd St
3
Leonora Fillmore Elementary School
Public District KG-6
17.4 mi
•1211 E Pine Ave
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $59,306. Typical income of Solvang, CA residents is between $35k-100k annually. Typical family type is single, no kids. Residents of this area typically have post secondary degree education.
How much money do the neighbors make?
What level of education do the neighbors have?
What types of families live nearby?
Are the neighbors home owners or renters?
How old are people in this area?
What do the neighbors do for fun?
Pro Wrestling
PGA/LPGA
College Football
Where do the neighbors shop?
Family Dollar
Stein Mart
Express/Express For Men
Where do the neighbors go to eat?
Dominos Pizza
Bob Evans
Sonic
What do the neighbors drive?
Ford
Lincoln
Kia
What do the neighbors listen to?
New Country
News/Talk/Information
Adult Hits
This home is located at 310 5th St in Solvang, CA and zip code 93463. Features: 0 bathroom. It has been listed on Rocket Homes since September 4, 2024 and is currently priced at $3,600,000.
Solvang, CA housing market in January 2025 saw over 0 listings sold above listed price, more than 0 sold at listed price and over 6 sold below. The inventory of homes for sale in Solvang, CA between December and January 2025 increased by 20.7%. The median list price of listings available in January 2025 was $1,525,000, while the average time on the real estate market was 126 days.