Situated on 1.4 acres, 590 Avenue of Flags is a multifamily property featuring 14 units—one 2-bedroom/1-bath and thirteen studio apartments. The property provides ample on-site parking for both tenants and guests. All leases are month-to-month, allowing flexibility for rental adjustments in accordance with AB 1482 at various upcoming intervals. Laundry room is plumbed and ready for 2 each coin-op washer and dryers. Located in the heart of Buellton's evolving landscape, this property benefits from the District #2 Downtown Core Specific Plan, which supersedes traditional zoning and offers greater flexibility for renovation and redevelopment as part of 'The Avenue' revitalization efforts. Positioned just off Highway 101, Buellton serves as the Northern Gateway to the Santa Ynez Valley.
Investment
Built in 1960
MLS/Listing ID 25-1252
14 Units
Listing Courtesy of BEACHSIDE PARTNERS, LORI ZAHN - 805-451-2712
Source of Data: SANTA BARBARA MULTIPLE LISTING SERVICE