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Solvang, CA Multifamily Properties for Sale

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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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Apartment Building with Detached Residence
Updated: Feb 20
Apartment Building with Detached Residence

1662 Eucalyptus Dr, Solvang, CA 93463

$3,000,000
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
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Four-Story Mixed-Use Property
Four-Story Mixed-Use Property

437 2nd St, Solvang, CA 93463

$3,150,000
6,911 sqft

Downtown commercial property combines a restaurant, multiple retail and office spaces, a penthouse, and a short-term rental unit.

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See what stands out in Santa Barbara County

We check every for-sale listing in the county against comparable properties across the country. Most price about where you would expect. A few are worth a second look.

We check every listing here. A few are worth a second look.

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Multifamily Short-Term Rental Property
Multifamily Short-Term Rental Property

393 Alisal Rd, Solvang, CA 93463

$2,095,000

Remodeled in 2023 across two contiguous legal parcels within the Village Mixed Use zoning district.

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Mixed-Use Landmark Building
Mixed-Use Landmark Building

1635 Mission Drive, Solvang, CA 93463

Contact for pricing

Built in 2009, the property features two second-floor apartments plus a restaurant with included furniture and equipment.

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Based on your search, we've compiled 39 Potential Opportunities for your consideration. Besides 5 Active listings in Solvang, CA, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 30 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.

Updated Duplex with Garages
Updated Duplex with Garages

730 N A St, Lompoc, CA 93436

$665,000
1,536 sqft

Two residential units offer private outdoor space, indoor laundry, and separate garage parking.

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10-Unit Studio Loft Apartments
10-Unit Studio Loft Apartments

357 Mathilda Dr, Goleta, CA 93117

$2,800,000
4,864 sqft

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

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Two-Unit Residential Income Duplex
Two-Unit Residential Income Duplex

730 N A Street, Lompoc, CA 93436

$665,000
1,536 sqft 0.16 AC lot

Well-maintained duplex in Lompoc with each unit offering 2 bedrooms, 1 bath, indoor laundry, and private outdoor space.

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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.

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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

Solvang, CA Multifamily Properties Market Trends and Statistics

Explore 35 multifamily properties for sale in Solvang, CA, showcased through 5 active listings on our real estate platform. These investment opportunities span a total of 25,493 square feet of properties for sale, with an estimated market value of $11,245,000.

Sale prices for multifamily properties in Solvang, CA start at $2,095,000, averaging $2,811,250, and reaching up to $3,150,000 — 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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Top Commercial Asset Segments

Commercial property segments ranked by active listings on the market

Apartment buildings 2
Short term rental properties 2
Duplexes 1

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 $2.8M

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)

Average Property Price per SF

For-sale pricing trends across core commercial property types in Santa Barbara County

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