Solvang, CA Multifamily properties for sale

Solvang Multifamily Investment Opportunity

$3,499,000

9,291 SF

Solvang Multifamily Investment Opportunity

1662 Eucalyptus Dr, Solvang, CA 93463

Multifamily property with development potential in Solvang, California.

High‑density R/3 zoning allows for potential addition of units on the 1+ acre parcel.
Eleven total units: 5 two‑bed/one‑bath, 6 one‑bed/one‑bath, plus a detached two‑bed/one‑bath residence.
Investor opportunity with existing multi‑family income potential.
Includes a 10‑space parking structure.
Features a common coin‑operated laundry area.

Updated: Dec 2, 2025

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Solvang Commercial Building with Penthouse

$3,999,000

6,911 SF

Solvang Commercial Building with Penthouse

437 2Nd St, Solvang, CA 93463

Stunning architectural details, penthouse, restaurant, retail spaces, and rental unit.

Private Penthouse with Elevator and City/Mountain Views
Income‑Generating One‑Bedroom Short‑Term Rental
30+ Seat Restaurant with Patio
Five Retail/Office Spaces convertible to Vacation Rentals
Prime Downtown Solvang Location across from Festival Theater

Updated: Dec 15, 2025

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$3,999,000

6,911 SF

Mixed-Use Building in Solvang, CA

Stunning mixed-use property with penthouse, restaurant, and retail spaces.

437 2Nd St, Solvang, CA 93463

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Explore Opportunities in Nearby Cities

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

$2,995,000

Goleta Multifamily Investment Opportunity

Six-unit multifamily property in Goleta with strong rental demand.

5859 Mandarin Dr, Santa Barbara, CA 93117

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$4,550,000

Isla Vista Multifamily Investment

Five-unit multifamily property in Isla Vista near the beach.

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Isla Vista Student Housing Asset

Well-maintained ten-unit apartment building near UCSB campus.

6597 Trigo Rd, Goleta, CA 93117

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Goleta Multifamily Property with Updates

Spacious duplex in Goleta North/SB with updated units and yards.

250 Ribera Dr, Santa Barbara, CA 93111

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Explore 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.

1575 Oak St

APARTMENT HOUSE (5+ UNITS) • 0.17 Acres

Value Estimation by Request

1575 Oak St, Solvang, CA 93463

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1535 Oak St

APARTMENT HOUSE (5+ UNITS) • 0.49 Acres

Value Estimation

$315,000

1535 Oak St, Solvang, CA 93463

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1400 Fjord Dr

MOBILE HOME PARK, TRAILER PARK • 33.28 Acres

Value Estimation by Request

1400 Fjord Dr, Solvang, CA 93463-2906

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1677 Maple Ave

APARTMENT HOUSE (5+ UNITS) • 0.59 Acres

Value Estimation by Request

1677 Maple Ave, Solvang, CA 93463-2669

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275 5th St

APARTMENT HOUSE (5+ UNITS) • 1.15 Acres

Value Estimation by Request

275 5th St, Solvang, CA 93463

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1720 Laurel Ave

APARTMENT HOUSE (5+ UNITS) • 3.34 Acres

Value Estimation by Request

1720 Laurel Ave, Solvang, CA 93463-2143

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1642 Eucalyptus Dr

APARTMENT HOUSE (5+ UNITS) • 0.61 Acres

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1642 Eucalyptus Dr, Solvang, CA 93463-2139

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1671 Maple Ave

APARTMENT HOUSE (5+ UNITS) • 0.30 Acres

Value Estimation by Request

1671 Maple Ave, Solvang, CA 93463-2648

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279 Alisal Rd

APARTMENT HOUSE (5+ UNITS) • 0.41 Acres

Value Estimation by Request

279 Alisal Rd, Solvang, CA 93463-2803

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540 2nd Pl

APARTMENT HOUSE (5+ UNITS) • 0.32 Acres

Value Estimation

$305,000

540 2nd Pl, Solvang, CA 93463-2670

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1662 Eucalyptus Dr

APARTMENT HOUSE (5+ UNITS) • 1.10 Acres

Value Estimation

$330,000

1662 Eucalyptus Dr, Solvang, CA 93463-2122

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1668 Eucalyptus Dr

APARTMENT HOUSE (5+ UNITS) • 0.22 Acres

Value Estimation

$285,000

1668 Eucalyptus Dr, Solvang, CA 93463-2123

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253 3rd St

APARTMENT HOUSE (5+ UNITS) • 0.28 Acres

Value Estimation

$2,775,000

253 3rd St, Solvang, CA 93463-2824

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1525 Acorn Way

APARTMENT HOUSE (5+ UNITS) • 1.24 Acres

Value Estimation

$17,375,000

1525 Acorn Way, Solvang, CA 93463-2784

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310 5th St

APARTMENT HOUSE (5+ UNITS) • 0.20 Acres

Value Estimation

$290,000

310 5th St, Solvang, CA 93463-2770

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263 3rd St

APARTMENT HOUSE (5+ UNITS) • 0.37 Acres

Value Estimation

$2,760,000

263 3rd St, Solvang, CA 93463-2823

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555 2nd Pl

APARTMENT HOUSE (5+ UNITS) • 0.20 Acres

Value Estimation

$305,000

555 2nd Pl, Solvang, CA 93463-2671

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1622 Eucalyptus Dr

APARTMENT HOUSE (5+ UNITS) • 1,672 SF

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1622 Eucalyptus Dr, Solvang, CA 93463-2141

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1524 Acorn Way

APARTMENT HOUSE (5+ UNITS) • 1.73 Acres

Value Estimation

$17,690,000

1524 Acorn Way, Solvang, CA 93463-2780

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1624 Elm Ave

APARTMENT HOUSE (5+ UNITS) • 0.22 Acres

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1624 Elm Ave, Solvang, CA 93463-2691

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1690 Eucalyptus Dr

APARTMENT HOUSE (5+ UNITS) • 0.24 Acres

Value Estimation

$955,000

1690 Eucalyptus Dr, Solvang, CA 93463-2168

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Solvang, CA Multifamily Properties Investment Opportunities Market Analysis

Explore 33 multifamily properties for sale in Solvang, CA, showcased through 3 active listings on our real estate platform. These investment opportunities span a total of 347,605 square feet of properties for sale, with an estimated market value of $59,137,000.

Prices for multifamily properties in Solvang, CA start at $265,000, averaging $3,942,466, and reaching up to $19,335,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you have the most current data.

Solvang, CA Multifamily Properties for Sale

Solvang Multifamily Investment Opportunity

Multifamily property with development potential in Solvang, California.