Santa Barbara County · Multifamily brokerage
Solvang apartment building sales
Solvang, the Danish-founded village in the Santa Ynez Valley, is a small market shaped by tourism. More than half of our Solvang sales have been land, office and retail properties rather than apartment buildings, and the numbers below say so.
Since 2003 we have closed 18 transactions in Solvang, totaling 113 units. The most recent closed in August 2025.
Market figures are the Santa Barbara North County submarket's, which includes Solvang: Radius proprietary research, calendar year 2025, vacancy as of Q4 2025. Our closings and listings are the Golis Team's own in Solvang.
Track Record
What we've sold in Solvang.
1575 Oak St
Solvang · 5 Units · Multifamily
$1,350,000 · August 2025
1697 Copenhagen Dr
Solvang · Retail
$3,000,000 · July 2024
2027 Village Lane
Solvang · Office
$375,000 · February 2024
1693 Mission Dr
Solvang · Retail
$4,650,000 · June 2023
595 Alamo Pintado Rd
Solvang · Office
$2,200,000 · December 2021
Alamo Pintado Rd
Solvang · Land
$1,325,000 · February 2021
All 18 of our Solvang closingsShow the list
| Property | Type | Units | Price | Per unit | Closed | We represented |
|---|---|---|---|---|---|---|
| 1575 Oak St | Multifamily | 5 | $1,350,000 | $270K | August 2025 | Buyer |
| 1697 Copenhagen Dr | Retail | — | $3,000,000 | — | July 2024 | Buyer |
| 2027 Village Lane | Office | — | $375,000 | — | February 2024 | Seller |
| 1687 Mission Drive #101 | Retail | — | $1,140,000 | — | October 2023 | Both sides |
| 1693 Mission Dr | Retail | — | $4,650,000 | — | June 2023 | Both sides |
| 595 Alamo Pintado Rd | Office | — | $2,200,000 | — | December 2021 | Buyer |
| Alamo Pintado Rd | Land | — | $1,325,000 | — | February 2021 | Seller |
| 800 E Hwy 246 | Land | 2 | $4,500,000 | $2.25M | December 2020 | Buyer |
| Alamo Pintado Rd | Land | — | $1,200,000 | — | October 2020 | Both sides |
| 1783-1793 Mission Drive | Land | — | $3,500,000 | — | March 2020 | Both sides |
| 1669 Maple Ave | Multifamily | 29 | $3,150,000 | $109K | September 2012 | Seller |
| 2029 Village Ln | Office | — | $3,608,333 | — | October 2007 | Seller |
| 1669 Maple Ave | Multifamily | 29 | $3,850,000 | $133K | October 2006 | Buyer |
| 1641 MISSION Dr | Office | — | $2,050,000 | — | February 2006 | Buyer |
| 1669 Maple Ave | Multifamily | 29 | $3,330,000 | $115K | April 2005 | Buyer |
| 293 To 295 5th St | Multifamily | 12 | $2,000,000 | $167K | August 2004 | Buyer |
| 1495 Aarhus Dr | Multifamily | 6 | $2,400,000 | $400K | April 2004 | Buyer |
| 1642 Elm | Multifamily | 1 | $405,000 | — | May 2003 | Seller |
These are the Golis Team's own closings, grouped by each property's mailing city, not a record of every sale in Solvang. Mailing cities don't always follow city limits, so an address here can sit just outside the City of Solvang. How we count.
Apartment buildings we've sold, by size
- 2–4 units0
- 5–19 units3
- 20–49 units3
- 50+ units0
Median building size: 12 units.
Who we represented
- Represented the seller5
- Represented the buyer9
- Represented both sides4
Multifamily 7 · Land 4 · Office 4 · Retail 3
Available Now
For sale in Solvang.
Nothing is listed in Solvang right now. Many of our sales start as a quiet conversation with a buyer we already know, so if you own a building here, or want to hear about one before it reaches the market, talk to us.
Rent Rules
Does Solvang have rent control?
We are not aware of a local rent cap on apartments. The state cap applies.
- California's Tenant Protection Act (AB 1482) limits yearly increases on most apartments more than 15 years old to 5% plus the regional change in CPI, never more than 10%, and requires just cause to end most tenancies after 12 months.
- Solvang's recent housing rules have focused on short-term vacation rentals. Confirm current local rules with the City before relying on this summary.
Sources
City of Solvang rules as summarized on October 12, 2026. A summary, not legal advice: rules change, and exemptions turn on the details of a property and tenancy. Confirm with the City of Solvang or an attorney before acting.
The Wider Market
Solvang sits in our Santa Barbara North County report.
What draws buyers to Santa Barbara North County
- The Central Coast’s best in-place cash flow — higher cap rates and lower entry prices.
- Governed by AB 1482 rather than a local RSO, giving owners more room on rent resets.
- A real value-add runway: older stock with room to renovate and push rents.
What gives Santa Barbara North County buyers pause
- Softer occupancy than the coast, particularly in Lompoc and Santa Maria.
- Weaker rent growth and more sensitivity to the local economic cycle.
- Tenant stability can swing with the agricultural and labor-market cycle.
These points, like the market figures at the top of the page, describe the whole Santa Barbara North County submarket, not Solvang alone.
Research
Reading for Solvang owners.
AB 1482 in Plain English: Statewide Rent Caps and Just-Cause
The AB 1482 rent cap is 8.6% in Santa Barbara, Ventura and SLO counties through July 2027: the math, exemptions, just cause and stricter local rules.
SB 1211 and the New ADU Math for California Apartment Owners
SB 1211 lets apartment owners add up to eight detached ADUs plus conversions. The rules, Santa Barbara's coastal catch and the honest math.
The 1031 Exchange for Multifamily: Timeline, Pitfalls, and Replacement Strategies
How 1031 deadlines, boot and California's FTB 3840 rule work, with a Santa Barbara tax example and Central Coast replacement strategies.
Frequently Asked
Solvang,
answered.
Short answers to what Solvang owners and buyers ask us, from our own closings and the current rules.
How many properties has the Golis Team sold in Solvang?
Since 2003, we have closed 18 transactions in Solvang, totaling 113 units. The most recent closed in August 2025.
What do apartment buildings sell for in Solvang?
Solvang is part of the Santa Barbara North County submarket, where apartment buildings averaged $178,532 per door at a 4.72% average cap rate across 11 sales in 2025 (Radius proprietary research). Our most recent apartment sale there was 1575 Oak St, 5 units, at $1,350,000 in August 2025. A broker opinion of value prices a specific building against current comparables.
Does Solvang have rent control?
We are not aware of a local rent cap on apartments. The state cap applies. California's Tenant Protection Act (AB 1482) limits yearly increases on most apartments more than 15 years old to 5% plus the regional change in CPI, never more than 10%, and requires just cause to end most tenancies after 12 months. (Summary as of October 12, 2026; not legal advice.)
Which market report covers Solvang?
Solvang is part of our Santa Barbara North County report, which has the submarket's 2025 cap rate, price per door and volume, its Q4 2025 vacancy, and our commentary on where the market is heading.
Can I get a confidential valuation of my Solvang apartment building?
Yes. A broker opinion of value from the Golis Team is free and confidential, with no obligation to list. It is built on our own closed sales and current rents. Request one at https://www.centralcoastmultifamily.com/apartment-building-valuation or call 805-728-5561.
Own an apartment building in Solvang?
A broker opinion of value is free and confidential, with no obligation to list. We price it against our own closings and current rents, and walk you through the number.