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1598 Oak Street
Solvang, California, United States

Appliances

Cook Top Range, Dishwasher, Oven, Refrigerator.

Interior features

Skylight.

Exterior features

Patio, Sprinkler.

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 space: 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.

Presented by

Santa Ynez Valley Real Estate Company

Santa Ynez Valley Real Estate Company
Click To Show Phone
Toll Free: +1 800 959 5717
Main: +1 805 688 5717
Fax: +1 805 688 3424

Allan S. Jones

Allan S. Jones
President & Principal Broker, Santa Ynez Valley Real Estate Company, Inc.
Santa Ynez Valley Real Estate Company
Click To Show Phone
Main: +1 805 688 5717
Toll Free: +1 800 959 5717
Fax: +1 805 688 3424

Location

Disclaimer

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