1662 Eucalyptus Dr Solvang, CA 93463
Estimated payment $21,525/month
Highlights
- 1.1 Acre Lot
- Patio
- Coin Laundry
- Solvang Elementary School Rated A
- Forced Air Heating System
About This Home
Great 11+ unit Multi family Investor opportunity, plus a separate free standing residence located on Laurel Ave. in Solvang. Zoning is R/3, Cities highest density designation, giving the investor the possibility to add additional units on this over one acre parcel. 5 two bed/1 bath units, 6 - 1 bedroom/ 1 bath units, plus detached free standing 2 bedroom, 1 bath residence. 10 space parking structure and common coin-op laundry area. Walking distance to town & schools.
Property Details
Home Type
- Multi-Family
Year Built
- Built in 1962
Home Design
- 9,291 Sq Ft Home
- Raised Foundation
- Slab Foundation
- Composition Roof
- Stucco
Bedrooms and Bathrooms
- 18 Bedrooms
- 12 Full Bathrooms
Parking
- Covered Parking
- On-Street Parking
Utilities
- Forced Air Heating System
- Wall Furnace
- Separate Meters
- Individual Gas Meter
- Phone Available
- Cable TV Available
Additional Features
- Leased Washer and Dryer
- Patio
- 1.1 Acre Lot
Listing and Financial Details
- The owner pays for electricity, insurance, taxes, gardener, water, trash collection
- Assessor Parcel Number 139-080-023
Community Details
Building Details
- Operating Expense $38,724
- Net Operating Income $122,676
Additional Features
- 12 Units
- Coin Laundry
Map
Home Values in the Area
Average Home Value in this Area
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 12/02/2025 12/02/25 | Price Changed | $3,499,000 | -7.9% | $377 / Sq Ft |
| 08/28/2025 08/28/25 | For Sale | $3,800,000 | -- | $409 / Sq Ft |
Source: North Santa Barbara County Regional MLS
MLS Number: 25001746
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Ask me questions while you tour the home.