1598 Oak Street :: Solvang

 
Listing Agent:
Allan Jones
Broker / Company President
More Agent Listings
 (805) 245-1780  (805) 688-5717
allan@santaynezvalley.com
 www.santaynezvalley.com
DRE #: 00984793
List Price:

$1,150,000

Neighborhood:

Solvang

Bedrooms:
5
Bathrooms:
4 Full+2 Half
Property Description: MLS # 18001559 / 18001558 & 18-2119 / 18-1947

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. 12 dedicated parking spaces on and off property. Projected capitalization rates up to 9% depending on management, rates, and occupancy. Pro forma spreadsheet are available from the listing office. You have to see this incredible live/work home, second home or income property!