725-733 N E St

Lompoc, CA 93436 View Map $2,145,000 Ask a Question
Sold On8/15/2023
Year1950
725-733 N E St Lompoc, CA 93436 | MLS 23-1427 Photo 1
725-733 N E St Lompoc, CA 93436 | MLS 23-1427 Map

Katinka Goertz

(805) 708-9616

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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
Listing provided courtesy of Hayes Commercial Group.
This information is being provided for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties that you may be interested in purchasing. Data relating to real estate for sale on this Website comes from the Internet Data Exchange Program of the Santa Barbara Multiple Listing Service. All information is deemed reliable, but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither the Santa Barbara Multiple Listing Service nor the listing broker(s) shall be responsible for any typographical errors, misinformation, or misprints.