Great income property zoned TRC (Tourist Related Commercial). Currently has 6 separate units bringing in over 6K a month. The rents are very low with opportunity for higher income. 4 studios plus a main house with another studio off the main house. Huge space in back of property with the ability to add more units or Airstreams. Plenty of space between the main house and studios for the addition of a pool. Main house has great frontage for a potencial coffee shop or any tourist related business. Ideally located next door to some high end hotels. The back units are accessed from First Street and don't interfere with the main house. Tons of recent upgrades to the properties with even more opportunities for growth on this already great income property.
Multi-familyProperty Type
1958Year Built
0.41 acresLot Size
Listed by Allan Jones•DRE #00984793• Santa Ynez Valley Real Estate
Bought with Jeanne Hollingsworth•DRE #01170169• Jeanne Hollingsworth, Broker
Great income property zoned TRC (Tourist Related Commercial). Currently has 6 separate units bringing in over 6K a month. The rents are very low with opportunity for higher income. 4 studios plus a main house with another studio off the main house. Huge space in back of property with the ability to add more units or Airstreams. Plenty of space between the main house and studios for the addition of a pool. Main house has great frontage for a potencial coffee shop or any tourist related business. Ideally located next door to some high end hotels. The back units are accessed from First Street and don't interfere with the main house. Tons of recent upgrades to the properties with even more opportunities for growth on this already great income property.
Public Records
Jun 1, 2018
Sold
$743,000
Year
Property tax
Land + Additions
Assessment*
2025
$11,195 (+1.8%)
$662,447 + $386,427
$1,048,874
2024
$11,000 (+1.6%)
$649,458 + $378,850
$1,028,308
2023
$10,823 (+1.6%)
$636,724 + $371,422
$1,008,146
2022
$10,650 (+1.5%)
$624,240 + $364,140
$988,380
2021
$10,495 (+23.2%)
$612,000 + $357,000
$969,000
2020
$8,518 (+2.0%)
$600,000 + $350,000
$950,000
2019
$8,348 (+422.4%)
$520,200 + $252,817
$773,017
2018
$1,598
$510,000 + $247,860
$757,860
Tax history for 279 Alisal Rd
Year
Property tax
Land + Additions
Assessment*
2025
$11,195 (+1.8%)
$662,447 + $386,427
$1,048,874
2024
$11,000 (+1.6%)
$649,458 + $378,850
$1,028,308
2023
$10,823 (+1.6%)
$636,724 + $371,422
$1,008,146
2022
$10,650 (+1.5%)
$624,240 + $364,140
$988,380
2021
$10,495 (+23.2%)
$612,000 + $357,000
$969,000
2020
$8,518 (+2.0%)
$600,000 + $350,000
$950,000
2019
$8,348 (+422.4%)
$520,200 + $252,817
$773,017
2018
$1,598
$510,000 + $247,860
$757,860
*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.
Public record
Public record
Zoning
Beds
—
Baths
—
Stories
—
Lot width
—
Lot depth
—
Lot size
0.41 Acres
Year renovated
—
Sq. Ft.
—
Year built
—
Style
Multi-Family (5+ Unit)
County
Santa Barbara County
APN
139234003
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
—
Last updated by owner on Aug 17, 2026.
TRC
Tourist Commercial District
The purpose of the TRC Tourist Commercial District is to primarily provide areas for tourist related retail business and commercial needs including stores, shops and hotels. Also, it is the intent to provide offices supplying commodities or performing services for the residents of the surrounding community and for local trade. In conjunction with such commercial uses, residential mixed uses are encouraged.
Property details
Parking
Parking Information
Parking Features: Uncovered
Interior
Unit 1 Information
# of Units: 3
# of Bedrooms: 1
# of Baths (Total): 1
Rent: $715
Monthly Total: $2,145
Furnished: N
Unit 2 Information
# of Units: 1
# of Bedrooms: 1
# of Baths (Total): 1
Rent: $825
Monthly Total: $825
Unit 3 Information
# of Units: 1
# of Bedrooms: 1
# of Baths (Full): 1
Rent: $975
Monthly Total: $975
Unit 4 Information
# of Bedrooms: 2
# of Baths (Full): 2
Monthly (Total): $2,100
Multi-Unit Information
# Of Units (Total): 6
Exterior
Exterior Features
Foundation Details: Slab
Property Information
Stories: 1
Property Condition: Fair
Lot Information
Zoning: Other, C-2
Location
School Information
Elementary School: Other
Middle Or Junior School: Other
High School: Other
Location Information
Cross Street: Elverhoy Way
Public facts
Beds: —
Baths: —
Sq. Ft.: —
Stories: —
Lot Size: 0.41 acres
Style: Multi-Family (5+ Unit)
Year Built: —
Year Renovated: —
County: Santa Barbara County
APN: 139234003
Home facts updated by county records on Aug 17, 2026
Around this home
Schools
Solvang Elementary School
Public K-8 • Assigned • 0.5mi
8/10
Santa Ynez Valley Union High School
Public 9-12 • Assigned • 2.6mi
9/10
Provided by GreatSchools
Lifestyle
Provided by Walk Score and Local Logic
Climate risks
1/10 Flood Factor
Minimal risk of a flood reaching the building in the next 30 years
5/10 Fire Factor
3% chance of being in a wildfire in next 30 years
3/10 Heat Factor
7 days above 93° expected this year, 18 days in 30 years
1/10 Wind Factor
Minimal risk of severe winds over next 30 years
6/10 Air Factor
8 unhealthy days expected this year, 8 days in 30 years
Provided by First Street
Historical weather
Solvang, CA • 93463
Average low and high temperatures (°F)
69
38
71
45
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45
73
46
77
50
81
52
82
54
87
53
84
56
81
49
71
42
70
42
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
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Dec
Sun exposure
In this area, properties receive around 10 hours in
June and 5.5 hours in December, placing it above the
U.S. average for solar exposure.