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, home to renowned wineries, breweries, distilleries, and other popular attractions. The sought-after tourist destinations of Solvang and Chumash Casino are only two miles away. With excellent freeway visibility and convenient off-ramp access from both directions, this property offers exceptional exposure and accessibility. Additionally, 592 Avenue of Flags is also available for sale, presenting a unique opportunity to expand your investment portfolio in this evolving market.