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Solvang, CA High Income Commercial Investment Properties for Sale

Explore commercial real estate investment properties for sale in Solvang, California Market population: 5K. Compare commercial properties across all major asset classes with...

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10 properties found
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⭐ Featured

Strategic Oakland Investment: 5476 Vicente Way in High-Demand 94609 Zip Code

$1,200,000
Oakland Multifamily

Discover a compelling real estate investment in the vibrant city of Oakland, California. This property at 5476 Vicente W...

Cap Rate 2.70%
NOI $32,400
Size 1,800 SF

📊 Average Cap Rate For Solvang CA Properties: 6.68%

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High-Cap-Rate Value-Add Multifamily Investment in Oakland

$2,299,999
Oakland Multifamily

Discover a compelling value-add opportunity in Oakland’s vibrant real estate market. This six-unit multifamily propert...

Cap Rate 7.97%
NOI $183,323
Size 6,104 SF

Investor Questions For Solvang CA

Common questions from investors exploring commercial real estate in Solvang CA.

What's the overall investment outlook for Solvang, CA? +
With a median household income of $63,626 and a relatively low poverty rate of 10.4%, Solvang presents a stable investment market, further supported by its high health insurance coverage of 91.4% and a strong employment base in industries like Public Administration and Finance & Insurance.
How does the local economy impact rental demand? +
The diverse economy, with top industries including Public Administration, Finance & Insurance, and Professional Services, contributes to a stable rental market, while the city's ethnic diversity, featuring a mix of White, White Non-Hispanic, and Hispanic populations, suggests a broad appeal to potential renters, enhanced by an average commute time of just 25.2 minutes.
What are the key factors influencing property values in Solvang? +
The median property value of $621,800 is influenced by factors such as the low poverty rate of 10.4%, high health insurance coverage of 91.4%, and a relatively high median household income of $63,626, indicating a strong and stable local economy, which in turn supports property values and attractiveness to investors.
How does the commute and transportation infrastructure affect the quality of life for residents? +
The average commute time of 25.2 minutes, combined with top commute methods including driving alone, working from home, and walking, suggests a convenient and flexible transportation infrastructure, contributing to a high quality of life for residents, which is further enhanced by the city's high health insurance coverage rate of 91.4% and low poverty rate of 10.4%.
What role does demographic diversity play in the investment potential of Solvang? +
The demographic diversity of Solvang, with its mix of White, White Non-Hispanic, and Hispanic populations, alongside a foreign-born rate that, although not specified, contributes to a culturally rich environment, suggests a resilient and adaptable community, which, when combined with the city's strong economic indicators like a median household income of $63,626 and low poverty rate, makes for an attractive investment opportunity.

Solvang CA Real Estate & City Facts

Key facts and real estate information about Solvang CA.

What are some of the best neighborhoods to live in Solvang? +
Some of the best neighborhoods to live in Solvang include the east parts of the city, which tend to be more desirable, and the southeast regions, which offer more affordable homes. Specifically, the Sunrise Village neighborhood is a popular choice among locals and visitors alike.
What are some fun things to do in Solvang? +
There are plenty of fun things to do in Solvang, including visiting the Elverhoj Museum of History & Art, exploring the Solvang Vintage Motorcycle Museum, and taking a hike in the national forest. You can also rent a boat on Lake Cachuma, go horseback riding, or pedal a surrey bike around town. For entertainment, check out the Chumash Casino, Nashville Nights, or Tales from the Tavern.
What is the food scene like in Solvang? +
The food scene in Solvang is incredibly varied and delicious, with a range of international and domestic dishes to try. Be sure to check out The Gathering Table for Asian and French fusion cuisine, Mad & Vin for wine country-inspired cuisine, and Pea Soup Andersen's for a classic roadside favorite. There are also plenty of great food trucks and Danish bakeries to explore.
What are the pros and cons of living in Solvang? +
The pros of living in Solvang include its unique Danish charm, beautiful scenery, and plenty of outdoor activities to enjoy. However, the cons include the high cost of living, particularly when it comes to housing, and the potential for crowds and tourism-related noise. Additionally, some residents may find the town's small size and limited job opportunities to be a drawback.
Is Solvang a good place to live? +
Overall, Solvang is a great place to live for those who value a unique and charming small-town atmosphere, plenty of outdoor activities, and a strong sense of community. While it may not be the best fit for everyone, particularly those on a tight budget or looking for a more urban lifestyle, Solvang is definitely worth considering for those who are looking for a relaxed and scenic place to call home.
⭐ Featured

Prime Oakland Multifamily Investment: 6-Unit Apartment Building with 7.97% Cap Rate in Temescal

$2,299,999
Oakland Apartment Building

Presenting a high-yield investment opportunity at 5476 Vicente Way in Oakland's sought-after Temescal neighborhood. This...

Cap Rate 7.97%
NOI $183,300
Size 0 SF

📊 Avg Property Tax Rate For Solvang CA Properties: 2.1000%

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Prime Oakland Multifamily Investment: 6-Unit Property with 7.97% Cap Rate in Temescal

$2,299,999
Oakland Multifamily

Discover a compelling investment opportunity at 5476 Vicente Way in Oakland's vibrant Temescal neighborhood. This well-m...

Cap Rate 7.97%
NOI $183,324
Size 0 SF
⭐ Featured

Prime Value-Add Opportunity: 8-Unit Multifamily Asset in San Fernando, CA

$1,750,000
San Fernando Multifamily

Presenting a compelling value-add opportunity in the heart of San Fernando, California, this 8-unit multifamily property...

Cap Rate 6.66%
NOI $116,550
Size 5,040 SF

📊 Average Income For Solvang CA Commercial Property: $63,626

⭐ Featured

Prime Valley Village Multifamily: 48-Unit Modern Apartment Complex with 3.39% Cap Rate

$30,000,000
Valley Village Multifamily

Discover a prime multifamily investment opportunity in the desirable Valley Village neighborhood of Los Angeles County....

Cap Rate 3.39%
NOI $1,017,000
Size 52,393 SF
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Prime San Fernando Multifamily: 5-Unit Value-Add Opportunity with 7.76% Cap Rate

$1,275,000
San Fernando Multifamily

Discover a compelling multifamily investment in the heart of San Fernando, California. This 5-unit apartment property, p...

Cap Rate 7.76%
NOI $98,945
Size 10,888 SF
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Prime 15-Unit Multifamily Investment in Heart of San Francisco

$4,895,000
San Francisco Multifamily

Discover a prime multifamily investment in the heart of San Francisco's vibrant 94103 zip code. This 15-unit mid-rise pr...

Cap Rate %
NOI $0
Size 8,225 SF
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7-Unit Multifamily Value-Add Opportunity in Long Beach with 7% Cap Rate

$2,100,000
Long Beach Multifamily

Discover a compelling value-add opportunity in the heart of Long Beach, California. This 7-unit multifamily property, lo...

Cap Rate 7.00%
NOI $144,960
Size 6,074 SF
⭐ Featured

Prime Arcata Multifamily Value-Add: 126-Unit Garden Apartment with 8.67% Cap Rate

$12,750,000
Arcata Multifamily

Presenting a compelling value-add investment in the vibrant city of Arcata, California. This 126-unit garden-style apart...

Cap Rate 8.67%
NOI $99,999
Size 87,484 SF
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