1544-1546 Oak Street, SOLVANG, CA 93463, SOLVANG, 93463 - 4 bed, 2 bath
ACTIVE$1,115,000/sqft
1544-1546 Oak Street, SOLVANG, CA 93463
4Beds
2Baths
Sqft
Lot
Price Vs. Estimate
Estimation data not available
Key pros and cons
Top Pros:
Prime Downtown Location: The property is perfectly situated in the heart of Solvang, just steps from restaurants, coffee shops, boutique hotels, and the charming Danish-inspired downtown, offering high walkability and desirability.
Top Cons:
Age of Structure: Built in 1955, the property's underlying structure is nearly 70 years old. While updated, potential buyers may have concerns about older systems (e.g., plumbing, electrical) not explicitly mentioned as fully replaced.
Compared to the nearby listings
Price:$1.11M vs avg $1.68M ($-560,000)17%
Size: sqft vs avg 1,860 sqft30%
Price/sqft:$0 vs avg $73130%
More Insights
Built in 1955 (71 years old).
Condition: The property, built in 1955, has received some thoughtful updates including newer flooring, refreshed bathrooms (new vanities, but dated tub/shower surrounds), and a recently replaced roof. However, both kitchens feature very outdated appliances (coil-top stoves, built-in ovens) and older cabinetry, which significantly detract from the overall condition and style. While livable, the kitchens require substantial modernization to meet current standards, placing the property in the 'Fair' category where minor updates and repairs are needed, and major components show signs of being outdated.
Year Built
1955
Close
-
List price
$1.11M
Original List price
-
Price/Sqft
$0
HOA
$0
Days on market
-
Sold On
-
MLS number
25-3585
Home ConditionFair
Features
Good View:
Patio
View-
About this home
Charming Downtown Solvang Duplex Welcome to this fantastic investment opportunity in the heart of Solvang, California. Perfectly located just steps from restaurants, coffee shops, boutique hotels, and all the charm of the Danish-inspired downtown, this single-level duplex offers both comfort and convenience. The front unit, 1544 Oak Street, features approximately 907 sq. ft. with 2 bedrooms and 1 bathroom. The back unit, 1546 Oak Street, is slightly larger with fence in yard, at approximately 999 sq. ft., also offering 2 bedrooms and 1 bathroom. Both units have been thoughtfully updated, with improvements including refreshed bathrooms, newer flooring, countertops, and a recently replaced roof. Whether you're looking for an excellent income-producing property, a multi-generational
B
Brooke Fraser
Listing Agent
Condition Rating
Fair
The property, built in 1955, has received some thoughtful updates including newer flooring, refreshed bathrooms (new vanities, but dated tub/shower surrounds), and a recently replaced roof. However, both kitchens feature very outdated appliances (coil-top stoves, built-in ovens) and older cabinetry, which significantly detract from the overall condition and style. While livable, the kitchens require substantial modernization to meet current standards, placing the property in the 'Fair' category where minor updates and repairs are needed, and major components show signs of being outdated.
Pros & Cons
Pros
Prime Downtown Location: The property is perfectly situated in the heart of Solvang, just steps from restaurants, coffee shops, boutique hotels, and the charming Danish-inspired downtown, offering high walkability and desirability.
Income-Generating Duplex: As a single-level duplex with two separate units (2 beds/1 bath each), it presents a fantastic investment opportunity for rental income or multi-generational living.
Recent Property Updates: Both units have been thoughtfully updated, including refreshed bathrooms, newer flooring, countertops, and a recently replaced roof, reducing immediate capital expenditures for a new owner.
Versatile Use Potential: The property is suitable for various buyer profiles, whether seeking an income-producing asset, a multi-generational family home, or a combination of both.
Single-Level Accessibility: The single-level design of both units enhances accessibility and broadens appeal to a wider range of tenants or occupants, including those seeking ease of movement.
Cons
Age of Structure: Built in 1955, the property's underlying structure is nearly 70 years old. While updated, potential buyers may have concerns about older systems (e.g., plumbing, electrical) not explicitly mentioned as fully replaced.
Modest Unit Sizes: Each unit is under 1000 sq ft (907 sq ft and 999 sq ft) with a 2-bedroom, 1-bathroom configuration, which might limit appeal to larger families or command lower rents compared to more spacious units.
Potential for Downtown Noise/Traffic: While the downtown location is a strength for convenience, it could also mean increased noise, foot traffic, and reduced privacy for residents compared to a more secluded residential area.