1598 Oak St

    Solvang, CA 93463
    • $1,150,000
    • STATUS: Pending
    • ON SITE: 201 days
    • MLS #: 18-1947
    Pending
    UPDATED: 20 min ago
    $1,150,000
    • 0
      BEDS
    • 0.37
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 3,827
      SQFT
    • $300
      $/SQFT
    Neighborhood:
    Type:
    Commercial
    County:
    Area:

    School Ratings & Info

    Listing provided courtesy of Santa Ynez Valley Real Estate.

    Description

    Fantastic investment opportunity, second home...or both! Approved by the City of Solvang for short-term rental use, this one-of-a-kind property is ready to start generating income. This is one of only a handful of properties with approved zoning for short-term rental or vacation rental use in Solvang and the Santa Ynez Valley. Nestled in the heart of downtown, in an oasis of tranquility and beauty, the property is just under 4,000 sq ft of beautiful fully-remodeled in 2014 space: 5-6 bedrooms, 4 full/2 half baths, 2 kitchens, high beamed ceilings, stunning Great Room, gourmet kitchen. Capitalization potential projected to be as high as 9.9% (assuming a 46% rental occupancy rate and management by owner.). Pro forma spreadsheet are available from the listing office.12 dedicated prking spaces12 dedicated parking spaces on and off property. Move right into this incredible live/work home, second home or income property

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    © 2018 Santa Barbara Multiple Listing Service. All rights reserved. Based on information from the Santa Barbara MLS as of 2018-12-17T14:47:00.75. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent. Data last updated 2018-12-17T14:47:00.75.
    www.theepsteinpartners.com/homes/84033354

    1598 Oak St Solvang, CA 93463

    • Price: $1,150,000
    • Status: Pending
    • Updated: 20 min ago
    • MLS #: 18-1947
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.37
    Acres
    3,827
    SQFT
    $300
    $/SQFT
    Neighborhood:
    Santa Ynez
    County:
    Santa Barbara
    Area:
    Santa Ynez
    Property Description
    Fantastic investment opportunity, second home...or both! Approved by the City of Solvang for short-term rental use, this one-of-a-kind property is ready to start generating income. This is one of only a handful of properties with approved zoning for short-term rental or vacation rental use in Solvang and the Santa Ynez Valley. Nestled in the heart of downtown, in an oasis of tranquility and beauty, the property is just under 4,000 sq ft of beautiful fully-remodeled in 2014 space: 5-6 bedrooms, 4 full/2 half baths, 2 kitchens, high beamed ceilings, stunning Great Room, gourmet kitchen. Capitalization potential projected to be as high as 9.9% (assuming a 46% rental occupancy rate and management by owner.). Pro forma spreadsheet are available from the listing office.12 dedicated prking spaces12 dedicated parking spaces on and off property. Move right into this incredible live/work home, second home or income property
    Property Features

    Condition Excellent Contingent Remarks Home InspectnReports Cross Street 2nd Deposit 3.00 For Sale Or Lease For Sale Offices 4 Terms CashCtnl Total Bathrooms 6.00 Type Commercial Use Mixed UseOfficeResidentialRetail/Commercial Zoning C-2Other

    Listing information © 2018 Santa Barbara MLS
    Listing provided courtesy of Santa Ynez Valley Real Estate.



    © 2018 Santa Barbara Multiple Listing Service. All rights reserved. Based on information from the Santa Barbara MLS as of 2018-12-17T14:47:00.75. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent. Data last updated 2018-12-17T14:47:00.75.
     
    Keller Williams
    1435 Anacapa St.
    Santa Barbara CA, 93101
    Listing provided courtesy of Santa Ynez Valley Real Estate.