Property summary
This exceptional 5-unit apartment building presents a compelling investment opportunity in the desirable Solvang, California market. Located minutes from Solvang's vibrant downtown, this property boasts a prime location with a Walk Score of 90, providing easy access to restaurants, shops, wineries, and parks. The two-story building, constructed in 1969, offers a mix of unit sizes to cater to a diverse tenant base: one spacious 3-bedroom unit with a private patio and yard, one large 2-bedroom… unit featuring a covered patio with mountain views, two 1-bedroom units, and one studio. The property features a convenient common area laundry room and off-street parking. Significant updates within the last five years have enhanced the property's value and appeal, including new furnaces, siding, paint, dual-pane windows, and a new roof. Further improvements include new sewer mains and a concrete driveway installed in 2016. The building sits on a 7,405 square foot lot and encompasses 7,405 square feet of living space. The property is zoned DR-20 and has a Pro-Forma NOI of $105,778 and a Pro-Forma Cap Rate of 6.13%. The asking price is $1,725,000. This is a rare opportunity to acquire a well-maintained, high-performing multifamily property in a thriving tourist destination. The mid-century modern aesthetic adds to its unique charm. The property's strong rental income and recent upgrades make it an ideal investment for discerning buyers seeking a stable and appreciating asset. APN: 139-174-025.
Ownership intelligence
Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. In the full report.
Owner contacts
Skip-traced phones and e-mails of the owner. Included with the full report.
Mortgages
Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.
Property tax · 2024
Value estimate
· Sep 2026Realmo valuation models over county records.
Recently sold
Cap rate analysis
No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.
Zoning insight
No data for this sectionNo zoning code is on file for this parcel. Coverage grows with every catalog release.
Location intelligence
Demand index: how under-served this business type is around this point — modeled from the LocInt grid (area demand vs. what already operates, adjusted by real visit traffic). Higher means stronger unmet demand.
Location
Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.
Comparables
6 recorded sales · 8 properties nearbyComparable nearby
Similar Nearby for Sale
Instant AI valuation built from comps, income signals, and proprietary benchmarks.A defensible range, not a single guess.
from $99/month
- Lot area
- 0.17 ac
- APN
- 139-174-025
- Assessed value · 2024
- $144,631
- Annual tax · 2024
- $1,554
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
Price sensitivity
The rate is the decision lever; valuation is the consequence.
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
No zoning code is on file for this parcel. Zoning coverage grows with every catalog release — check back, or open Location Intelligence for use analysis of this corner.
Phones and e-mails of the people behind this property's owner, traced from licensed contact data.
Owner phones and e-mails come with the full report for this property - traced from licensed contact data, with verification and Do-Not-Call flags on every number.
Unlock the evidence behind ownership: portfolio, transactions, debt and any signals we can model, to help you decide who to contact next.
Registration is required before any owner information is shown.
The mortgage data is behind the paid report: recorded loans of the owner - lender, amount, rate and the estimated maturity - as part of the Ownership Intelligence workspace.
Registration is required before any owner information is shown.
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