1575 Oak Street

Solvang, CA 93463

$1,725,000
Price
5
Beds
5
Baths
4,104 Sq. Ft.
$420 / Sq. Ft.
4,104
Sq. Ft.
$420
per Sq. Ft.

Description

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....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.
  1. Listed by Steven R Battaglia • DRE #01318215 • Battaglia Commercial RE

Property Details for 1575 Oak Street

Garage Spaces
4
Directions to Property
From highway 246 (Mission Dr) head south on 5th St for 2 blocks, turn left on Oak St. Property is 1/2 block down on your left. Address on building 1553-1561 Oak is different than on Title(1575 Oak St)
Zone Description
Res Multi-Family
LISTING UPDATED: 09/11/2024 10:03 AM

Property Details for 1575 Oak Street

StatusActive
MLS #24001739
Days on Market75
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income
Year Built1969
CountySanta Barbara County

Building Information for 1575 Oak Street

Building/Complex1575 Oak StFloor-Stories-Residences5Pet Policy-Year Built1969Building Size-

Property Information for 1575 Oak Street

Summary
Location and General Information
  • Major Area: 38 - Santa Ynez Valley
  • Sub-Area: 1330 - Other
  • Cross Street: Acorn Way
  • Absolute Longitude: 120
  • Map Page: 0
Parking
  • Parking: Covered
Property
Lot Information
  • Lot Size Source: Appraiser
  • Sq Ft Source: Appraiser
  • Acres: 0.17
  • Cumulative DOM: 8
Property and Assessments
  • APN: 139-174-025
  • Listing Detail: None
  • Document Count: 0
  • Deposit: 50,000
  • REO: No
  • Reports Available: P & L
  • Possession: Close Of Escrow, Subject To Tenant Rights
Utilities
  • Sewer: Public Sewer
  • Water: Public
Interior and Exterior Features
Exterior Features
  • Roof Description: Other
  • Separate Meters: Electric, Gas
  • Pool: N/K
Interior Features
  • Air Conditioning: None
  • Foundation: Raised
  • Heating: GFA
  • Laundry: Common, Laundry Eq/Own
Multi Family
Income & Expenses
  • Operating Expense: 48452.0
Agent
Agent
  • Service Type: Full Service
Rental
Rental
  • Landlord Pays: Gardener, Insurance, Trash Collection, Water

Property History for 1575 Oak Street

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 1575 Oak Street

Taxable ValueLand$24,718Additions$119,913Total$144,631
Tax Record2024$1,554 ($130 / month)
Home Facts
Lot Size7,405 SqFtStyleMulti-Family Res (5+ Units)CountySANTA BARBARAAPN139-174-025

Schools near 1575 Oak Street

This home is within Santa Ynez Valley Union High School District.
Rating
School
Type
Grades
Distance
Public - K to 8
Public - 9 to 12
Public - 9 to 12
Rating
School
Distance
Solvang Elementary School
PublicK to 8

Santa Ynez Valley Union High School
Public9 to 12

Refugio High School
Public9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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1575 Oak Street is a multi-family home for sale in Solvang, CA 93463. This property was listed for sale on September 3, 2024 by Battaglia Commercial RE, it's currently listed at $1,725,000. This listing's school districts are Santa Ynez Valley Union High School District, Solvang Elementary School District. Nearby schools include Solvang Elementary School, Santa Ynez Valley Union High School and Refugio High School. 1575 Oak Street is a 5-bed, 5-bath, 4,104 sqft multi-family home built in 1969.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Battaglia Commercial RE, Steven R Battaglia, DRE #01318215

Based on information from one of the following Multiple Listing Services: Santa Barbara MLS. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by Santa Barbara MLS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.