1634 Elm Avenue, SOLVANG, CA 93463, SOLVANG, 93463 - 5 bed, 3 bath
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SOLVANG, CA 93463
Analysis of 1634 Elm Avenue, SOLVANG, CA 93463 is currently available with a list price of $1,645,000. The property maintains a Good Condition Rating (78/100), reflecting solid structural condition with well-maintained systems. The property presents an attractive opportunity for buyers seeking a move-in ready home. Located in a high-demand neighborhood within the SOLVANG Unified School District, this asset is categorized as a low-risk, high-reward acquisition suitable for both Buy-and-Hold Investors and Owner-Occupants willing to undertake light renovation work.
Property is move-in ready.
Despite the 1948 build date, the property appears well-maintained and updated. Interior photos show modern luxury vinyl plank flooring and fresh paint. The exterior, including the roof and stucco, is in good condition, and the inclusion of modern high-end laundry appliances suggests systems are functional and the units are move-in ready.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 7841, living area = 1128.
The triplex configuration offers exceptional versatility, allowing an owner to live in the main residence while generating rental income from the duplex or leasing all three units for a robust investment portfolio.
The unique lot spans from Elm Avenue to Fir Street, providing separate street frontages and private access points for the main house and the duplex, which significantly enhances tenant privacy.
Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 5, other record bedroom count = 2.
With a list price of $1,645,000 for only 1,128 total square feet, the property commands a significant premium that may challenge appraisal values and impact the immediate return on investment.
Originally constructed in 1948, the property may require substantial capital expenditures for modernizing systems or addressing deferred maintenance typical of homes from this era.
Rare Solvang triplex situated on a unique lot spanning from Elm Ave. to Fir St., providing separate access and distinct positioning for the main residence and duplex. Live in the main home while generating rental income, or lease all three units for investment potential. The main residence fronts Elm Ave. and offers 2BD/1BA plus a office/flex room, charming cottage details, a fireplace, and a spacious fenced yard. Fronting Fir St., the duplex consists of a 1BD/1BA unit and a 2BD/1BA unit. Additional features include two 2-car garages with laundry hook-ups and separate utility metering for all units. Conveniently located near schools, parks, shopping, dining, and Solvang's renowned wine country attractions.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 5.0 | 0.0 |
| Baths | 3.0 | 0.0 |
| Square foot | 1,128 | - |
| Lot Size | 7,841 | - |
| Price | $1.65M | $1.85M |
| Price per sq ft | $1.5K | $632 |
| Built year | 1948 | 0 |
| HOA | $0 | $0 |
| Days on market | 51 | 207 |
Jun 1, 2026
$1,645,000
Initial Listing
Nov 3, 2015
$850,000
Public Record
Jul 1, 1998
$169,000
Public Record