Lompoc, CA 93436,621 W Ocean Avenue
Lompoc, CA 93436,621 W Ocean Avenue
Lompoc, CA 93436,621 W Ocean Avenue
Lompoc, CA 93436,621 W Ocean Avenue
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$985,000

$975,000

1.0%
Est.Price: ?

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Est. payment /mo

3 Beds

2 Baths

6,970 Sqft Lot


SOLD DATE : 04/26/2024

Key Details

Sold Price $985,000

Property Type Multi-Family

Sub Type Res Income 2-4 Units

Listing Status Sold

Purchase Type For Sale

MLS Listing ID PI24037096

Sold Date 04/26/24

Bedrooms 3

HOA Y/N No

Lot Size 6,970 Sqft

Property Description

Garden style apartments located near Old Towne Lompoc and close to shopping, restaurants, and Ryon Park. Good unit mix with (4) 2Bed/1Bath and (2) 1Bed/1Bath units. Property has laundry room and off-street parking in the rear of the building. ONLY $162,500 PER UNIT. Good upside in rents. Cap Rate of 5.1% on Actuals and 8.1% Proforma.
Garden style apartments located near Old Towne Lompoc and close to shopping, restaurants, and Ryon Park. Good unit mix with (4) 2Bed/1Bath and (2) 1Bed/1Bath units. Property has laundry room and off-street parking in the rear of the building. ONLY $162,500 PER UNIT. Good upside in rents. Cap Rate of 5.1% on Actuals and 8.1% Proforma.

Location

State CA

County Santa Barbara

Area Lompoc (93436)

Zoning Other

Interior

Heating Natural Gas

Exterior

Roof Type Composition

Building

Lot Description Sidewalks

Story 2

Lot Size Range 4000-7499 SF

Others

Acceptable Financing Cash

Space Rent $1,210

Listing Terms Cash

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San Diego Regional MLS (SDMLS)
Listed by Steven Battaglia • Steven Battaglia, Broker
Bought with Andrew Adler • Century 21 Real Estate Alliance
agent-avatar

+1(858) 449-1101

theresa@octagonre.com

1420 Kettner Blvd, Suite 100, Diego, CA, 92101, United States

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