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1544 Oak Street, Solvang, CA 93463, Solvang, 93463 - 4 bed, 2 bath

1544 Oak Street, Solvang, CA 93463 home-pic-0
ACTIVE$1,115,000$1,906/sqft
1544 Oak Street, Solvang, CA 93463
4Beds
2Baths
1,906Sqft
5,663Lot

Price Vs. Estimate

Estimation data not available

Key pros and cons

Top Pros:
Exceptional Downtown Location: The property is perfectly located just steps from Solvang's vibrant downtown, offering walkable access to restaurants, shops, wine tasting rooms, and year-round entertainment, enhancing its appeal for residents and renters.
Top Cons:
Age of Construction: Built in 1955, the property's underlying infrastructure, despite recent cosmetic updates, may still be original, potentially leading to unforeseen maintenance issues with plumbing or electrical systems.

Compared to the nearby listings

Price:$1.11M vs avg $637.5K (+$477,500)75%
Size:1,906 sqft vs avg 1,203.5 sqft75%
Price/sqft:$585 vs avg $49050%

More Insights

Built in 1955 (71 years old).
Condition: Built in 1955, this duplex has received cosmetic updates including newer flooring, refreshed bathroom vanities, and a recently replaced roof. However, both kitchens feature very dated cabinets and appliances (e.g., 1970s/80s style built-in wall ovens and coil stovetops), which require substantial modernization. While bathrooms have newer vanities and lighting, the tub/shower surrounds appear older. The property lacks central air conditioning, relying on wall heaters. Overall, it is well-maintained and functional but shows significant signs of age and outdated features in key areas, necessitating further updates to meet current standards.
Year Built
1955
Close
-
List price
$1.11M
Original List price
-
Price/Sqft
$585
HOA
$0
Days on market
-
Sold On
-
MLS number
SC25221910
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 youre looking for an excellent income-producing property, a multi-generational living option, or the chance to live in one unit while renting the other, this duplex provides versatility and strong appeal. With its walkable location in the vibrant core of Solvang, residents can enjoy world-class dining, unique shops, wine tasting rooms, and year-round entertainment right outside their front door.

B
Brooke Fraser
Listing Agent

Price History

Date
Event
Price
06/08/95
Sold
$170,000
02/13/23
Sold
$935,000
Condition Rating
Fair
Built in 1955, this duplex has received cosmetic updates including newer flooring, refreshed bathroom vanities, and a recently replaced roof. However, both kitchens feature very dated cabinets and appliances (e.g., 1970s/80s style built-in wall ovens and coil stovetops), which require substantial modernization. While bathrooms have newer vanities and lighting, the tub/shower surrounds appear older. The property lacks central air conditioning, relying on wall heaters. Overall, it is well-maintained and functional but shows significant signs of age and outdated features in key areas, necessitating further updates to meet current standards.
Pros & Cons

Pros

Exceptional Downtown Location: The property is perfectly located just steps from Solvang's vibrant downtown, offering walkable access to restaurants, shops, wine tasting rooms, and year-round entertainment, enhancing its appeal for residents and renters.
Versatile Income-Generating Duplex: As a duplex, it provides excellent investment potential for rental income, multi-generational living, or the option to live in one unit while renting the other, offering significant financial flexibility.
Recent Property Updates: Both units have been thoughtfully updated with refreshed bathrooms, newer flooring, countertops, and a recently replaced roof, reducing immediate maintenance and capital expenditure for a new owner.
Single-Level Accessibility: The single-level design of both units broadens its appeal to a wider demographic, including seniors or individuals seeking easy access without stairs.
Private Outdoor Space: The back unit benefits from a fenced yard, adding valuable private outdoor space which is highly desirable for tenants with pets or families.

Cons

Age of Construction: Built in 1955, the property's underlying infrastructure, despite recent cosmetic updates, may still be original, potentially leading to unforeseen maintenance issues with plumbing or electrical systems.
Limited Unit Size and Configuration: Each unit offers 2 bedrooms and 1 bathroom with modest square footage (approx. 900-1000 sq ft), which may limit appeal to larger families or those desiring more spacious living areas or additional bathrooms.
Lack of Cooling System: The property description does not mention any air conditioning, which could be a significant drawback and comfort concern during Solvang's warmer months.
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