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Listed by Evan Lash Grand Avenue Real Estate
$2,095,000
Est. payment /mo
4 Baths
2,273 SqFt
Active
393 Alisal RD Solvang, CA 93463
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Key Details
Property Type Commercial
Sub Type Business
Listing Status Active
Purchase Type For Sale
Square Footage 2,273 sqft
Price per Sqft $921
MLS Listing ID 26001160
Full Baths 4
Year Built 1928
Lot Size 6,970 Sqft
Acres 0.11
Property Sub-Type Business
Source North Santa Barbara County Regional MLS
Property Description
Exceptional Investment & Development Opportunity in the Heart of Solvang
Rarely does a property offering this level of flexibility, income potential, and prime location come to market. This unique offering includes two contiguous legal parcels totaling four separate dwellings, extensively remodeled in 2023 and ideally situated on a highly visible corner in downtown Solvang within the City's desirable Village Mixed Use (VMU) zoning district.
The first parcel, 393 Alisal Road (APN: 139-214-002), features a charming 2-bedroom, 1-bath residence and a detached 1-bedroom, 1-bath studio, both currently operating as successful short-term vacation rentals.
The second parcel, 1688 Oak Street (APN: 139-214-001), includes a 1-bedroom, 1-bath residence currently leased as a long-term rental, along with a separate 1-bedroom, 1-bath studio operating as a short-term vacation rental.
With four income-producing units spread across two legal lots, this property presents a rare opportunity for investors, owner-users, or developers seeking multiple revenue streams and future flexibility. The Village Mixed Use (VMU) zoning allows for a wide range of potential residential, commercial, and mixed-use applications, making this an attractive long-term asset on a highly visible Solvang corner.
All seller-owned furnishings are included in the sale, providing a turnkey opportunity for continued rental operations.
Please do not disturb tenants
Rarely does a property offering this level of flexibility, income potential, and prime location come to market. This unique offering includes two contiguous legal parcels totaling four separate dwellings, extensively remodeled in 2023 and ideally situated on a highly visible corner in downtown Solvang within the City's desirable Village Mixed Use (VMU) zoning district.
The first parcel, 393 Alisal Road (APN: 139-214-002), features a charming 2-bedroom, 1-bath residence and a detached 1-bedroom, 1-bath studio, both currently operating as successful short-term vacation rentals.
The second parcel, 1688 Oak Street (APN: 139-214-001), includes a 1-bedroom, 1-bath residence currently leased as a long-term rental, along with a separate 1-bedroom, 1-bath studio operating as a short-term vacation rental.
With four income-producing units spread across two legal lots, this property presents a rare opportunity for investors, owner-users, or developers seeking multiple revenue streams and future flexibility. The Village Mixed Use (VMU) zoning allows for a wide range of potential residential, commercial, and mixed-use applications, making this an attractive long-term asset on a highly visible Solvang corner.
All seller-owned furnishings are included in the sale, providing a turnkey opportunity for continued rental operations.
Please do not disturb tenants
Location
State CA
County Santa Barbara
Interior
Heating Electric, Forced Air
Cooling Central Air, Window/Wall Unit
Heat Source Electric, Forced Air
Exterior
Community Features Sidewalks
Private Pool No
Building
Lot Description Corner
Building Description Other,Wood Siding, Other,Wood Siding
Story 1
Foundation Raised, Slab
Sewer Public Sewer
Water Public
Structure Type Other,Wood Siding
Others
Senior Community No
Tax ID 139-214-002
Acceptable Financing Cash, New Loan
Listing Terms Cash, New Loan
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