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1598 Oak St
Solvang, CA 93463
The Delfin Huset · Specialty Property For Sale
·
3,697 SF
PROPERTY FACTS
| Property Type | Specialty | Building Size | 3,697 SF |
| Property Subtype | Residential Income | No. Stories | 1 |
| Building Class | C | Year Built/Renovated | 1960/2014 |
| Lot Size | 0.37 AC | Parking Ratio | 3.25/1,000 SF |
| Zoning | Tourist Related Com. | ||
| Property Type | Specialty |
| Property Subtype | Residential Income |
| Building Class | C |
| Lot Size | 0.37 AC |
| Building Size | 3,697 SF |
| No. Stories | 1 |
| Year Built/Renovated | 1960/2014 |
| Parking Ratio | 3.25/1,000 SF |
| Zoning | Tourist Related Com. |
ABOUT 1598 OAK ST , SOLVANG, CA 93463
Fantastic investment opportunity! 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. 11 dedicated parking spaces on and off property. Move right into this incredible live/work home, second home or income property
PROPERTY TAXES
| Parcel Number | 139-200-039 | Improvements Assessment | $656,360 |
| Land Assessment | $710,868 | Total Assessment | $1,367,228 |
PROPERTY TAXES
