1662 Eucalyptus Dr - Apartments FOR SALE


Solvang, CA 93463
$3,499,000 USD
800-959-5717
1662 Eucalyptus Dr, Solvang, CA for Sale
$3,499,000 USD
Apartments - FOR SALE
1/2
null | 3.27% Cap Rate

1662 Eucalyptus Dr
Solvang, CA 93463


OVERVIEW

Great 11+ unit Multi Family apartment building plus a detached SFD on Laurel Ave. Located walking distance to Village of Solvang and schools, Zoing is R/3 which is the Cities highest density zoning, giving the investor Buyer the possibility to add additional units on the 1.1 acre 47,916+/- sq.ft. parcel. There are 5 single level 2 bed, 1 bath units, 6 - 1 bedroom, 1 bath units, and a 2 bedroom, 1.5 bath detached SFD with access off of Laurel Ave. Common coin-op laundry facilities and a seperate 10 space parking structure. Terms Cash to Seller. Contact John Frederick for more information.

FOR SALE DETAILS

PRICE

$3,499,000 USD

PRICE/SF

$377 USD /SF

# OF UNITS

11

PRICE/UNIT

$318,091

CAP RATE

3.27%

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1962

PARKING SPACES

-

LAND DETAILS

LAND ACRES

1.1 AC

LAND SF

47,916 SF

ZONING

R-3

APN/PARCEL ID

139-080-023

ASK ABOUT THIS PROPERTY

Allan JonesSanta Ynez Valley Real Estate Company, IncMore Info
800-959-5717

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Allan JonesSanta Ynez Valley Real Estate Company, IncMore Info
800-959-5717

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.