Solvang, CA 93463 1575 Oak Street
$1,600,000
1 more
Presented By: Steven Battaglia with Steven Battaglia, Broker; 8056806431
Beds • 7
Baths • 4
SQFT • 4,104
Garage • 4
Year Built • 1969
Home Details
Great opportunity for investors! This quaint multi-family property is located minutes from Solvang’s downtown tourist district. This 2-story multi-family apartment building features mid-century modern flair, common area laundry room, and off-street parking. Unit mix includes (1) spacious 3-bedroom unit downstairs with back patio and yard, (1) large 2-bedroom unit with a fabulous covered patio overlooking the mountain range, (2) 1-bedroom units, and (1) studio*, offering a unit style for everyone. Updates within the last 5 years include new furnaces, new siding and paint, new dual pane windows, new roof and much more. New sewer mains and concrete driveway were installed in 2016. This is a “Walker’s Paradise” with a Walk Score of 90 due to its proximity to restaurants, shops, wine tastings, parks and more.
Presented By: Steven Battaglia with Steven Battaglia, Broker; 8056806431
Interior Features for 1575 Oak Street
Other Interior Features
Air Conditioning Y/NNo
Basement (Y/N)No
Common WallsTwoCommonWallsOrMore
Fireplace FeaturesNone
Fireplace Y/NNo
Heating Y/NYes
Laundry FeaturesCommonArea
Total Stories2
Other Rooms
Entry Level1
General for 1575 Oak Street
Additional Parcels Y/NNo
Attached Garage No
Building Area UnitsSquareFeet
Carport Y/NNo
CitySolvang
Community FeaturesCurbs, Sidewalks, Park
CoolingNone
CountySanta Barbara
DirectionsFrom highway 246 (Mission Dr) head south on 5th St for 2 blocks, turn left on Oak St. Property is ½ block down on your left. Note:Address on building 1553-1561 Oak is different than on Title (1575 Oa
Electric Expense0.0
Electric On Property Y/NNo
Entry Location1
Fuel Expense0.0
Garage Spaces4.0
Garage Y/NYes
Gross Income166800.0
HOANo
HOA Fee$0.0
HeatingForcedAir, NaturalGas, WallFurnace
Home Warranty Y/NNo
Insurance Expense0.0
Land Lease Y/NNo
Lease Considered Y/NNo
Lease Renewal Y/NNo
Listing TermsCash, CashToNewLoan
Lot Size Square Feet7405.0
Lot Size UnitsSquareFeet
MLS AreaVANG - Solvang
MobileHomeRemainsYNNo
Net Operating Income114220.0
New ConstructionNo
Number Of Units Total5
Open Parking Spaces1.0
Operating Expense47576.0
Pool FeaturesNone
Property Attached Y/NYes
Property Sub Type AdditionalApartment
Property SubtypeApartment
Property TypeResidentialIncome
Rent Control Y/NYes
Senior Community Y/NNo
SewerPublicSewer
Special Listing ConditionsStandard
Standard StatusActive
StatusActive
Tax Lot29
Trash Expense0.0
UtilitiesElectricityConnected, NaturalGasConnected, WaterConnected
Water Sewer Expense0.0
Waterfront Y/NNo
Year Built1969
Year Built SourceOther
Exterior for 1575 Oak Street
Building Area Total4104.0
Crops Included Y/NNo
Foundation DetailsSlab
Horse Y/NNo
Irrigation Water Rights Y/NNo
Lot FeaturesNearPark, NearPublicTransit
Lot Size Acres0.17
Lot Size Area7405.0
Lot Size SourceAssessor
Number of Buildings1
Number of Separate Electric Meters4
Number of Separate Gas Meters4
Number of Separate Water Meters1
Open Parking Y/NNo
Private PoolNo
SpaNo
Total Parking5.0
Water SourcePublic
Additional Details
Price History
Alexandra Eston
Sales Associate
Price
$1,600,000
MLS#PI25075942
List Date
04/09/2025
Property Type
Multi-Family
Phone
(562) 537-4182
