Sold On8/15/2023
Year1950

Katinka Goertz
(805) 708-9616
Status:
Sold
Property Type:Residential Income
MLS #:23-1427
Date Sold:8/15/2023
County:Santa Barbara
Battaglia Commercial Real Estate and Hayes Commercial Group are pleased to offer for purchase three six-unitapartment buildings located in Lompoc, CA. Each apartment building is two stories and located on a separate legalparcel and feature 3 downstairs units with private patios and 3 upstairs units. Each building also include a laundryroom(1) and 6 off street parking spaces accessible from the rear alley.All units consist of identical 2BD/1BA units totaling approximately 751 SF each. Most units have been updated overthe past seven years and include granite or quartz countertops in the kitchens, tile floors in the bathrooms andkitchens, and tile or wood-like laminate flooring in the living room/hallways/bedrooms.Two units are vacant and in need of significant renovations.
Detailed Maps
Price Change History
Date | Old Price | New Price | Percent Change |
8/15/2023 | $2,295,000 | $2,145,000 | -6.5% |
Community Information
Address:725-733 N E St, Lompoc, CA 93436
Area:55 - LOMPOC
County:Santa Barbara
City:Lompoc
Zip Code:93436
Architecture
Year Built:1950
Unit 1: 2.00 beds, 1.00 baths. Rent: $1016.00. Monthly Total: $18032.00
Total Unconvered Spaces: 18.00
Features / Amenities
Laundry: Laundry Room
Property Features
Zoning:R-3
Tax and Financial Info
Terms: OTHER/CLA
Total Monthly Income: $18, 032
Annual Income: $218, 382
Gross Rent Multiplier: 11.33
Capitalization Rate: 5%
Schools
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Listing Information Last Updated 10/1/2023

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