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    Apartment Building With Detached Residence
    Updated: Jul 2
    Apartment Building With Detached Residence

    1662 Eucalyptus Drive, Solvang, CA 93463

    $3,000,000
    9,291 sqft 1.10 AC lot
    1.1‑acre multifamily property with 9,291 square feet of building area
    Five ground‑level 2‑bedroom, 1‑bath apartment units
    Six 1‑bedroom, 1‑bath units, with 3 upstairs and 3 downstairs
    Separate detached 2‑bedroom, 1‑bath residence
    10‑space parking structure and common coin‑operated laundry area
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    This listing looks promising.

    Here's a quick look at some key insights for

    1662 Eucalyptus Drive, Solvang, CA 93463

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    • Est. Cap Rate

      6.1%
      Above avg (5.9%)

    • Est. NOI

      $184K
      Annual

    • Price @ 7% Cap

      $2.63M
      Suggested
    View Property Analytics
    Apartment Building with Detached Residence
    Updated: Jan 1
    Apartment Building with Detached Residence

    1662 Eucalyptus Dr, Solvang, CA 93463

    $3,299,000
    9,291 sqft
    Five ground‑level two‑bedroom, one‑bath apartments
    Six one‑bedroom, one‑bath apartments: 3 upstairs and 3 downstairs
    Detached freestanding two‑bedroom, one‑bath residence
    10‑space parking structure
    Common coin‑operated laundry area
    View details
    Based on your search, we've compiled 34 Potential Opportunities for your consideration. Besides 2 Active listings in Solvang, CA, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 28 Off-Market properties to explore as potential leads

    Opportunities in Nearby Cities

    Here are 4 Similar properties we found in Nearby Locations for your consideration.

    7-Unit Apartment Building
    7-Unit Apartment Building

    431 Ellwood Beach Dr, Goleta, CA 93117

    $2,900,000
    6,450 sqft

    Two-bedroom residences include covered parking and storage, with select units featuring updated flooring.

    View details
    10-Unit Studio Loft Apartments
    10-Unit Studio Loft Apartments

    357 Mathilda Dr, Goleta, CA 93117

    $2,950,000
    4,864 sqft

    Multifamily property within a short walk of the beach and UCSB, with rents reported at 78% of market.

    View details
    10-Unit Apartment Building
    10-Unit Apartment Building

    516 N U St, Lompoc, CA 93436

    $1,500,000
    0.32 AC lot

    Multifamily property comprising one-bedroom residences with one bathroom per unit.

    View details
    12-Unit Apartment Building in Opportunity Zone
    12-Unit Apartment Building in Opportunity Zone

    221 North N Street, Lompoc, CA 93436

    Contact for pricing
    0.34 AC lot

    Two-story garden-style buildings feature two-bedroom apartments, shared laundry, a courtyard, and separate gas and electric metering.

    View details

    Off-Market Properties in Solvang, CA

    Consider similar Off-Market properties in Solvang, CA. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

    310 5th St
    APARTMENT HOUSE (5+ UNITS)

    310 5th St, Solvang, CA 93463-2770

    $265,000
    Estimated value
    0.20 AC lot
    View details
    1575 Oak St
    APARTMENT HOUSE (5+ UNITS)

    1575 Oak St, Solvang, CA 93463

    $270,000
    Estimated value
    0.17 AC lot
    View details
    271 Alisal Rd
    APARTMENT HOUSE (5+ UNITS)

    271 Alisal Rd, Solvang, CA 93463-2803

    $365,000
    Estimated value
    0.22 AC lot
    View details
    1524 Acorn Way
    APARTMENT HOUSE (5+ UNITS)

    1524 Acorn Way, Solvang, CA 93463-2780

    $19,335,000
    Estimated value
    1.73 AC lot
    View details
    1525 Acorn Way
    APARTMENT HOUSE (5+ UNITS)

    1525 Acorn Way, Solvang, CA 93463-2784

    $19,335,000
    Estimated value
    1.24 AC lot
    View details
    253 3rd St
    APARTMENT HOUSE (5+ UNITS)

    253 3rd St, Solvang, CA 93463-2824

    $2,975,000
    Estimated value
    0.28 AC lot
    View details
    263 3rd St
    APARTMENT HOUSE (5+ UNITS)

    263 3rd St, Solvang, CA 93463-2823

    $2,975,000
    Estimated value
    0.37 AC lot
    View details
    279 Alisal Rd
    APARTMENT HOUSE (5+ UNITS)

    279 Alisal Rd, Solvang, CA 93463-2803

    $355,000
    Estimated value
    0.41 AC lot
    View details
    1690 Eucalyptus Dr
    APARTMENT HOUSE (5+ UNITS)

    1690 Eucalyptus Dr, Solvang, CA 93463-2168

    $1,075,000
    Estimated value
    0.24 AC lot
    View details
    1642 Eucalyptus Dr
    APARTMENT HOUSE (5+ UNITS)

    1642 Eucalyptus Dr, Solvang, CA 93463-2139

    $360,000
    Estimated value
    0.61 AC lot
    View details
    1535 Oak St
    APARTMENT HOUSE (5+ UNITS)

    1535 Oak St, Solvang, CA 93463

    $280,000
    Estimated value
    0.49 AC lot
    View details
    415 5th St
    APARTMENT HOUSE (5+ UNITS)

    415 5th St, Solvang, CA 93463

    $360,000
    Estimated value
    992 sqft 0.28 AC lot
    View details
    1622 Eucalyptus Dr
    APARTMENT HOUSE (5+ UNITS)

    1622 Eucalyptus Dr, Solvang, CA 93463-2141

    $530,000
    Estimated value
    1,672 sqft 0.78 AC lot
    View details
    1677 Maple Ave
    APARTMENT HOUSE (5+ UNITS)

    1677 Maple Ave, Solvang, CA 93463-2669

    $460,000
    Estimated value
    0.59 AC lot
    View details
    405 5th St
    APARTMENT HOUSE (5+ UNITS)

    405 5th St, Solvang, CA 93463-2771

    $425,000
    Estimated value
    0.56 AC lot
    View details
    1662 Eucalyptus Dr
    APARTMENT HOUSE (5+ UNITS)

    1662 Eucalyptus Dr, Solvang, CA 93463-2122

    $280,000
    Estimated value
    1.10 AC lot
    View details
    1669 Maple Ave
    APARTMENT HOUSE (5+ UNITS)

    1669 Maple Ave, Solvang, CA 93463-2667

    $4,985,000
    Estimated value
    19,292 sqft 0.63 AC lot
    View details
    293 5th St
    APARTMENT HOUSE (5+ UNITS)

    293 5th St, Solvang, CA 93463-2744

    $455,000
    Estimated value
    0.49 AC lot
    View details
    275 5th St
    APARTMENT HOUSE (5+ UNITS)

    275 5th St, Solvang, CA 93463

    $450,000
    Estimated value
    1.15 AC lot
    View details
    1624 Elm Ave
    APARTMENT HOUSE (5+ UNITS)

    1624 Elm Ave, Solvang, CA 93463-2691

    $350,000
    Estimated value
    0.22 AC lot
    View details
    1668 Eucalyptus Dr
    APARTMENT HOUSE (5+ UNITS)

    1668 Eucalyptus Dr, Solvang, CA 93463-2123

    $295,000
    Estimated value
    0.22 AC lot
    View details
    1720 Laurel Ave
    APARTMENT HOUSE (5+ UNITS)

    1720 Laurel Ave, Solvang, CA 93463-2143

    $745,000
    Estimated value
    3.34 AC lot
    View details

    Solvang, CA Apartment Buildings Market Trends and Statistics

    Explore 30 apartment buildings for sale in Solvang, CA on our real estate platform. These investment opportunities span a total of 18,582 square feet of properties for sale, with an estimated market value of $6,299,000.

    Sale prices for two-family homes in Solvang, CA start at $3,000,000, averaging $3,149,500, and reaching up to $3,299,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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    Demographics Overview

    Population 8,099
    Population Growth (5Y) +0.9%
    Median Household Income $130,123
    College Educated 30.4%

    High-Yield Neighborhoods for Investment

    Identify Solvang submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

    Neighborhood Average Price
    93463 $3.3M

    Taxes & Financing

    Tax Rate (average for all types) 1.01%
    Property Tax per SF $23.08 per SF
    Tax Rate vs County Average 0.04 pp below county avg
    Average Loan-to-Value 65.0%

    Listings Trend

    New vs delisted commercial listings in Santa Barbara County

    New Delisted

    Total CRE Inventory on Market (SF)

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