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TestimonialProperties For Sale

Here are our current multi-family and commercial properties listed for sale. For more information on any of these properties or to find out what properties may be coming available soon, email or call us today at 805.688.5333.


Multi-Family

Property Photo
New on the Market

 

423 2nd St, Solvang, CA

Type: Retail/Office/Mixed Use
Price: $775,000
Building Size: 3,700 SF approx.
Flyer (PDF)

Well located commercial building across from Solvang Festival Theater in downtown Solvang's TRC district. Zoning offers a lot of flexibility in use from retail, office, service, and mixed use residential. Residential component of a mixed use can be for short or long term guests.

The property has plenty of parking in the rear of the building plus street parking in front. Access from the back alley offers convenient pick-up and delivery options without interfering with front of house operations.

The building was previously home to the Santa Ynez Valley Newspaper and the American Legion meeting hall before that.

This is a great opportunity for an owner/user, an investor, or combination of the two.

 
Property Photo

 

526 N L St, Lompoc, CA

Type: Multi-Family
Price: $1,395,000
Units: 6
Flyer (PDF)

Recession resistant 6plex in Lompoc. Five of the six units are rented to Section 8, which provides for the Housing Authority to pay their portion of the rent directly into your account!   Three units are due for rent increases in January.

Building has newer roof and 6 generously sized units, including (4) 3Bed/2Bath and (2) 2Bed/2Bath. Downstairs units have private patios, while upstairs units have high, open beam ceilings. All units have dual pane windows and are separately metered for electricity and gas. Building has new roof, fascia, gutters, and new exterior paint.
 
Property Photo
New on the Market

 

742-762 Bell St, Los Alamos, CA

Type: Entitled Land
Price: $1,195,000
Land Size: 0.76 Acre (33,105 SF)
Flyer (PDF)

Great development opportunity at the gateway to the growing town of Los Alamos. The Sagebrush Junction project is an entitled mixed-use development featuring 2 triplex apartment buildings, a duplex apartment building, and 2 commercial retail buildings, all being subdivided onto separate lots.

Sagebrush Junction is prominently located on the corner lot facing the US 101 freeway on and off ramps, making it extremely visible for the commercial tenants and very convenient for the residential tenants.

The project is ready for final construction drawing submittal and could be ready to break ground shortly thereafter.

 
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In Escrow

 

2106 Wilmar Ave, Oceano, CA

Type: Multi-Family
Price: $899,000
Units: 4
Flyer (PDF)

4 Units on the south side of Oceano consisting of a detached 2Bed/1Bath house and a 2-story, townhouse style triplex of 2Bed/1Bath with private back patios. Two units have recently been renovated. Rents are low, providing a good opportunity to increase your income. This is a nice solid investment property ready to add to an experienced investor's portfolio or for the first time investor.

 
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Sold

 

401 Tiffany Dr, Santa Maria, CA

Type: Multi-Family
Price: $1,110,000
Units: 4
Flyer (PDF)

Attractive fourplex, with 4 APNs, constructed and mapped as condominiums but have always been operated as apartments townhomes. Unit mix is (1) 3Bed/1.75Bath unit and (3) 2Bed/1.5Bath units. Each unit features gas appliances, central heating, laundry hookups, private back patio, and a 2-car garage. All are separately metered for electricity, gas, and water. The property is located in a park-like setting within a desirable residential neighborhood. New roof and exterior paint. Lots of opportunity with this property.

 
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Sold

 

530 2nd Pl, Solvang, CA

Type: Multi-Family
Price: $915,000
Units: 4
Flyer (PDF)

Rare opportunity to acquire a 4-Plex in the busy city of Solvang. Units are all 1-bedroom/1-bath, two of which were renovated in 2008. Conveniently located in a residential neighborhood that is close to downtown and shopping, restaurants and schools. Building is simple and easy to maintain.

Commercial

Property Photo


 

115 N H St, Lompoc, CA

Type: Commercial
Price: $1,225,000
Building Size: 17,163 SF approx.
Flyer (PDF)

Endless possibilities exist for an owner-occupant, a commercial investor, or a mixed use developer. Fantastic live/work idea for young professionals. Great location with shops and restaurants lining H Street. Quaint downtown location that includes Solvang Brewing Company, Southside Coffee, and A Little Something Special Gifts.

Property is also available for lease.

 
Property Photo
Sold


 

425 1st St, Solvang, CA

Type: Commercial
Price: $2,195,000 (was $2,950,000)
Building Size: 15,600 SF approx.
Flyer (PDF)

Boutique Hotel development in the downtown tourist corridor of Solvang, California. Sale includes existing 3 story retail structure and City approved plans to convert to Hotel Chaparral, a 25 room luxurious hotel with a restaurant, bar and large decks.

The site currently has about 20,000 SF of building improvements consisting of 3 buildings, one of which is equipped with an elevator. The existing buildings have the 18th Century Northern European charm that Solvang tourists enjoy and come to see.

The existing structure could also be redeveloped into AirBnBs, public market, office, retail or mixed use with any combination of these. Lots of possibilities with this property since its location, location, location is great.

Property is co-listed with Village Properties.

 
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610 McMurray Rd, Buellton, CA

Type: Entitled Vacant Land
Price: $3,395,000
Lot Size: 190,542 SF approx. (4.37 Acres approx.)
Offering Memorandum (PDF)

Fantastic development opportunity in the growing Central Coast community of Buellton, California. The Commons project is fully entitled with the City of Buellton for the retail/entertainment project known as "The COMMONS." The Commons is a 54,000 square foot retail/entertainment development with a tenant mix that is focused on the craft beverage industry, local and regional restaurants, unique food vendors and artisan retailers.

All plans, studies, reports and permits are included in the sale. This project is ready for an investor/developer to break ground and complete the project, modify it to suit their own needs, or add in a residential component. The possibilities are endless. Up through this phase of the project, The COMMONS has received over 45 Letters of Intent from local and regional tenants wanting to be part of the project.

The COMMONS is located within a 10-minute walk of nearly 750 existing hotel rooms (including a 160-unit full-service Marriott property) and 214 hotel rooms planned across the street from the Marriott Hotel. It is also a 10-minute drive from more than 1,600 hotel rooms within the Santa Ynez Valley.

View a video tour of The Commons.