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    Solvang, CA Residential Income 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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    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
    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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    Turn a Listing Into an Investment Snapshot Cap Rate, Potential NOI, Demand score for every listing. Go To Analytics Center
    Based on your search, we've compiled 45 Potential Opportunities for your consideration. Besides 4 Active listings in Solvang, CA, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 33 Off-Market properties to explore as potential leads, plus 4 Land Listings that present a potential for development.

    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
    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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    Two-Unit Cottage Duplex
    Two-Unit Cottage Duplex

    224 N F St, Lompoc, CA 93436

    $747,747
    1,574 sqft

    Vacant residences provide separate outdoor areas, parking, and updated interior finishes within Lompoc’s Old Town district.

    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

    Potential Development Sites for Consideration

    Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

    Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

    Secluded 20-Acre Ranch Parcel
    Secluded 20-Acre Ranch Parcel

    Cougar Ridge Road, Buellton, CA 93427

    $1,670,000
    20.16 AC lot

    20.16-acre parcel in Jonata Springs Ranch development.

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    Santa Rita Hills Estate Parcel
    Santa Rita Hills Estate Parcel

    1990 Tularosa Rd, Lompoc, CA 93436

    $975,000
    10.00 AC lot

    10-acre estate parcel in the heart of Santa Rita Hills.

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    Multifamily Development Parcel in Lompoc
    Multifamily Development Parcel in Lompoc

    109 S 3rd, Lompoc, CA 93436

    Contact for pricing
    1.00 AC lot

    One-acre multifamily development parcel in Southeast Lompoc.

    View details
    Santa Maria Land/Lot Opportunity
    Santa Maria Land/Lot Opportunity

    Northpoint Circle, Santa Maria, CA 93455

    $1,400,000
    3.99 AC lot

    Development opportunity with potential fee waivers in Orcutt market.

    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
    2950 Msn Dr
    MOBILE HOME PARK, TRAILER PARK

    2950 Msn Dr, Solvang, CA 93463-9436

    $150,000
    Estimated value
    5.72 AC lot
    View details

    Solvang, CA Residential Income Properties Market Trends and Statistics

    Explore 37 residential income properties for sale in Solvang, CA, showcased through 4 active listings 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 $8,394,000.

    Sale prices for residential income properties in Solvang, CA start at $2,095,000, averaging $2,798,000, 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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    Top Commercial Asset Segments

    Commercial property segments ranked by active listings on the market

    Multifamily properties 4
    Apartment buildings 2
    Duplexes 1
    Short term rental properties 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 $3.4M

    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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