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 ground level two bed/1 bath units, 6 - 1 bedroom/ 1 bath units(3 upstairs, 3 downstairs), plus detached free standing 2 bedroom, 1 bath residence. 10 space parking structure and common coin-op laundry area. Close to town & schools.
For sale
Price cut: $200K (6/11)
$3,299,000
1662 Eucalyptus Dr, Solvang, CA 93463
18beds
9,291sqft
:
Get pre-qualified$21,629/mo
Multi Family
Built in 1962
-- sqft lot
$-- Zestimate®
$355/sqft
$-- HOA
What's special
Separate free standing residenceOver one acre parcelCommon coin-op laundry area
- 349 days |
- 174 |
- 8 |
Zillow last checked:
Listing updated:
Listed by:
John Frederick DRE#: 00696297 805-350-0882,
Santa Ynez Valley Real Estate
Source: North Santa Barbara County MLS,MLS#: 25001746
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 18
- Bathrooms: 12
- Full bathrooms: 72
Heating
- Forced Air, Wall Furnace
Cooling
- None
Appliances
- Laundry: Laundry Eq/Leased, Coin Op, Common Area
Interior area
- Total structure area: 9,291
- Total interior livable area: 9,291 sqft
Property
Parking
- Parking features: Covered, 6 - 10, On Street
- Has uncovered spaces: Yes
Features
- Stories: 12
- Patio & porch: Patio
Lot
- Size: 1.1 Acres
- Features: Other, Curbs/Gutter
Details
- Additional structures: Other
- Parcel number: 139080023
- Zoning description: Multi-Fam R3,Apartment,Res Multi-Family
- Special conditions: Standard
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Materials
- Stucco
- Foundation: Raised, Slab
- Roof: Composition,Other
Condition
- Year built: 1962
Utilities & green energy
- Electric: Separate Meters
- Gas: Separate Meters
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Phone Connected, Cable Available
Community & HOA
Location
- Region: Solvang
Financial & listing details
- Price per square foot: $355/sqft
- Date on market: 8/28/2025
- Cumulative days on market: 350 days
- Listing terms: New Loan,Cash
- Total actual rent: 200400
- Tenant pays: Gas, Cable TV, Electricity
- Road surface type: Paved
Estimated market value
Not available
Estimated sales range
Not available
$1,951/mo
Price history
| Date | Event | Price |
|---|---|---|
| 6/11/2026 | Price change | $3,299,000-5.7%$355/sqft |
Source:  North Santa Barbara County MLS #25001746 Report a problem | ||
| 12/2/2025 | Price change | $3,499,000-7.9%$377/sqft |
Source: North Santa Barbara County MLS #25001746 Report a problem | ||
| 8/28/2025 | Listed for sale | $3,800,000$409/sqft |
Source: North Santa Barbara County MLS #25001746 Report a problem | ||
Public tax history
Tax history is unavailable.
Monthly payment
Est. payment
Payment breakdown
Explore the cost of this home by adjusting the details. Changes won't be saved.Climate risks
Neighborhood: 93463
Nearby schools
GreatSchools rating
- 8/10Solvang Elementary SchoolGrades: K-8Distance: 0.2 mi
- 9/10Santa Ynez Valley Union High SchoolGrades: 9-12Distance: 2.3 mi
- $756,8002 bd1 ba951 sqft1663 Laurel Ave, Solvang, CA 93463Off Market
- $576,8002 bd1 ba1k sqft1647 Laurel Ave, Solvang, CA 93463Off Market
- $677,6002 bd2 ba1.1k sqft1645 Laurel Ave, Solvang, CA 93463Off Market
- $3,9002 bd1 ba-- sqft1665 Laurel Ave, Solvang, CA 93463For Rent
- $--2 bd2 ba-- sqft1665 Laurel Ave #A, Solvang, CA 93463Off Market
- $--2 bd2 ba-- sqft1665 Laurel Ave #B, Solvang, CA 93463Off Market
- $653,3002 bd1 ba1.3k sqft1649 Laurel Ave, Solvang, CA 93463Off Market
- $1,189,7002 bd1 ba2.5k sqft1666 Eucalyptus Dr, Solvang, CA 93463Off Market
A local agent can set up tours, give advice and negotiate with sellers.
Local buyer's agents are ready to help
