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    Solvang, CA
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    Solvang, CA Residential Income Properties for Sale

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    Multi-Family Income Property
    Updated: Jun 24
    Multi-Family Income Property

    1662 Eucalyptus Drive, Solvang, CA 93463

    $3,299,000
    9,291 sqft 1.10 AC lot
    5 ground‑level 2‑bedroom/1‑bath units and 6 1‑bedroom/1‑bath units (3 upstairs, 3 downstairs)
    Detached free‑standing 2‑bedroom/1‑bath residence on an over one‑acre parcel
    10‑space parking structure plus common coin‑op laundry area
    R/3 zoning with City’s highest density designation
    Utilities: public water and public sewer
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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

      5.6%
      NOI ÷ price

    • Est. NOI

      $184K
      Annual

    • Price @ 7% Cap

      $2.63M
      Suggested
    View Property Analytics
    Downtown Mixed-Use Building with Penthouse
    Updated: Jun 14
    Downtown Mixed-Use Building with Penthouse

    437 2nd Street, Solvang, CA 93463

    $3,150,000
    6,911 sqft 0.16 AC lot
    Commercial building built in 1981 with five retail/office spaces and on‑site parking
    Penthouse includes a private elevator spanning four floors
    Penthouse features 3 bedrooms, 2 fireplaces, Douglas fir beams, and vaulted ceilings
    30+ seat restaurant with patio plus additional retail/office space
    ADA‑compliant restrooms and a one‑bedroom short‑term rental unit
    View details
    Based on your search, we've compiled 43 Potential Opportunities for your consideration. Besides 2 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.

    Residential Income Property with ADU
    Residential Income Property with ADU

    2937 Glen Albyn Drive, Santa Barbara, CA 93105

    $2,599,000
    3,398 sqft 0.16 AC lot

    Nearly 3,400-sf home with 4 beds, 4 baths, and a permitted ADU, plus multiple indoor living options.

    View details
    Commercial Income Property with Shop
    Commercial Income Property with Shop

    285 Dal Porto Lane, Santa Maria, CA 93458

    $1,095,000
    1,660 sqft 0.65 AC lot

    Rented 5-bedroom home plus 40x40 shop on commercial/manufacturing zoned lot.

    View details
    Mixed-Use Property in Santa Maria
    Mixed-Use Property in Santa Maria

    3375 ORCUTT RD, Santa Maria, CA 93455

    $1,750,000
    2,650 sqft 1.06 AC lot

    Mixed-use property with residential units on a large lot.

    View details
    Multifamily Property with Two Units
    Multifamily Property with Two Units

    2549 Treasure Dr, Santa Barbara, CA 93105

    $1,600,000

    Two-unit multifamily property available for purchase.

    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.

    View details
    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.

    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
    Riviera Lot with Ocean Views
    Riviera Lot with Ocean Views

    1037 Las Alturas Road, Santa Barbara, CA 93103

    $860,000
    0.49 AC lot

    Desirable Riviera lot ready for custom home development.

    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

    $2,300,000
    Estimated value
    0.20 AC lot
    View details
    1575 Oak St
    APARTMENT HOUSE (5+ UNITS)

    1575 Oak St, Solvang, CA 93463

    $1,350,000
    Estimated value
    0.17 AC lot
    View details
    271 Alisal Rd
    APARTMENT HOUSE (5+ UNITS)

    271 Alisal Rd, Solvang, CA 93463-2803

    Value Estimation by Request
    0.22 AC lot
    View details
    1524 Acorn Way
    APARTMENT HOUSE (5+ UNITS)

    1524 Acorn Way, Solvang, CA 93463-2780

    $13,640,000
    Estimated value
    1.73 AC lot
    View details
    1525 Acorn Way
    APARTMENT HOUSE (5+ UNITS)

    1525 Acorn Way, Solvang, CA 93463-2784

    $13,600,000
    Estimated value
    1.24 AC lot
    View details
    253 3rd St
    APARTMENT HOUSE (5+ UNITS)

    253 3rd St, Solvang, CA 93463-2824

    $2,560,000
    Estimated value
    0.28 AC lot
    View details
    263 3rd St
    APARTMENT HOUSE (5+ UNITS)

    263 3rd St, Solvang, CA 93463-2823

    $2,560,000
    Estimated value
    0.37 AC lot
    View details
    279 Alisal Rd
    APARTMENT HOUSE (5+ UNITS)

    279 Alisal Rd, Solvang, CA 93463-2803

    Value Estimation by Request
    0.41 AC lot
    View details
    1690 Eucalyptus Dr
    APARTMENT HOUSE (5+ UNITS)

    1690 Eucalyptus Dr, Solvang, CA 93463-2168

    $950,000
    Estimated value
    0.24 AC lot
    View details
    1642 Eucalyptus Dr
    APARTMENT HOUSE (5+ UNITS)

    1642 Eucalyptus Dr, Solvang, CA 93463-2139

    Value Estimation by Request
    0.61 AC lot
    View details
    1535 Oak St
    APARTMENT HOUSE (5+ UNITS)

    1535 Oak St, Solvang, CA 93463

    Value Estimation by Request
    0.49 AC lot
    View details
    415 5th St
    APARTMENT HOUSE (5+ UNITS)

    415 5th St, Solvang, CA 93463

    Value Estimation by Request
    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

    Value Estimation by Request
    0.59 AC lot
    View details
    405 5th St
    APARTMENT HOUSE (5+ UNITS)

    405 5th St, Solvang, CA 93463-2771

    Value Estimation by Request
    0.56 AC lot
    View details
    1662 Eucalyptus Dr
    APARTMENT HOUSE (5+ UNITS)

    1662 Eucalyptus Dr, Solvang, CA 93463-2122

    Value Estimation by Request
    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

    Value Estimation by Request
    0.49 AC lot
    View details
    275 5th St
    APARTMENT HOUSE (5+ UNITS)

    275 5th St, Solvang, CA 93463

    Value Estimation by Request
    1.15 AC lot
    View details
    2950 Msn Dr
    MOBILE HOME PARK, TRAILER PARK

    2950 Msn Dr, Solvang, CA 93463-9436

    Value Estimation by Request
    5.72 AC lot
    View details
    1624 Elm Ave
    APARTMENT HOUSE (5+ UNITS)

    1624 Elm Ave, Solvang, CA 93463-2691

    Value Estimation by Request
    0.22 AC lot
    View details
    1668 Eucalyptus Dr
    APARTMENT HOUSE (5+ UNITS)

    1668 Eucalyptus Dr, Solvang, CA 93463-2123

    Value Estimation by Request
    0.22 AC lot
    View details

    Solvang, CA Residential Income Properties Market Trends and Statistics

    Explore 35 residential income properties for sale in Solvang, CA on our real estate platform. These investment opportunities span a total of 16,202 square feet of properties for sale, with an estimated market value of $6,449,000.

    Sale prices for residential income properties in Solvang, CA start at $3,150,000, averaging $3,224,500, 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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    Top Commercial Asset Segments

    Commercial property segments ranked by active listings on the market

    Multifamily properties 2
    Apartment buildings 1
    Short term rental properties 1
    Single family 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 $6M

    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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