NOT LISTED FOR SALE

213 E College Ave Lompoc, CA 93436

15 Beds
7 Baths
11,120 Sq Ft
0.54 Acres

Last Sold September 13, 2016

Last sale price $1,587,600 $143 Per Sq Ft

82 Days on Market

Highlights

  • 0.54 Acre Lot
  • Patio
  • Garage
  • Cabrillo High School Rated A-

About This Home

As of September 2016

5.35% CAP for this 2004 built BIG 9-unit Lompoc apartment complex. (8) big townhouse style 3BD/ 1.5BA units and detached 6BD/ 2.5BA house. Each unit has private patio, attached 2-car garage w/ laundry h/u, individual water heaters and forced air heating. Sep. electric, gas meters. Near shopping, buslines, H.S. Tentative plat map in place allowing for condo conversion in place through end of 2016

Last Agent to Sell the Property

Nick Henry

The Channel Group Listed on: 04/28/2016

Last Buyer's Agent

Non Member Agent

Non Member Office

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 2004

Lot Details

  • 0.54

Parking

  • Garage

Additional Features

  • 2-Story Property
  • Patio
  • 0.54 Acre Lot
  • Individual Gas Meter

Community Details

  • 9 Units
  • Gross Income $145,680

Listing and Financial Details

  • Assessor Parcel Number 087-132-005

Property Details

Home Type

Multi-Family

Year Built

Built in 2004

Lot Details

0

Listing Details

  • Prop. Type: ResidentialIncome
  • Year Built: 2004
  • Income Expenses Annual Income: 145680.0
  • Capitalization Rate: 5.35
  • Gross Rent Multiplier: 11.66
  • Monthly Income: 12140.0
  • Meters Sep Meter Elec: Y
  • Meters Sep Meter Gas: Yes
  • Meters Sep Meter Wtr: N
  • Building Stories: 2
  • ResoLaundryFeatures: Other
  • Garage Yn: Yes
  • Property Information Year Built2: 2004
  • NeighborhoodSchools Elementary School: Other
  • NeighborhoodSchools Junior High School: Other
  • NeighborhoodSchools High School: Other
  • Property Information Apx Lot SqFt: 23522.0
  • General Property Information Stories2: 2.0
  • Parking Info Garages: Yes
  • Amenities Patio2: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Exterior Features

  • Acres: 0.54

Garage/Parking

  • Parking Features: Garages

Schools

  • Elementary School: Other
  • High School: Other
  • Middle Or Junior School: Other

Lot Info

  • Parcel #: 087-132-005
  • Zoning: R-3
  • Lot Size Sq Ft: 23522.0

Multi Family

  • Number Of Units Total: 9
  • Annual Gross Income: 145680.0
  • Total Actual Rent: 12140.0
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/13/2016 09/13/16 Sold $1,587,600 -8.5% $143 / Sq Ft
07/19/2016 07/19/16 Pending -- -- --
04/28/2016 04/28/16 For Sale $1,735,000 -- $156 / Sq Ft
Source: Santa Barbara Multiple Listing Service

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $20,047 $1,849,367 $232,114 $1,617,253
2023 $20,047 $1,777,555 $223,101 $1,554,454
2022 $19,709 $1,742,702 $218,727 $1,523,975
2021 $19,935 $1,708,533 $214,439 $1,494,094
2020 $19,720 $1,691,015 $212,241 $1,478,774
2019 $19,402 $1,657,859 $208,080 $1,449,779
2018 $19,035 $1,619,352 $204,000 $1,415,352
2017 $18,691 $1,587,600 $200,000 $1,387,600
2016 $15,428 $1,307,000 $271,000 $1,036,000
2015 $14,815 $1,245,000 $258,000 $987,000
2014 $14,195 $1,186,000 $246,000 $940,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Santa Barbara Multiple Listing Service

MLS Number: 16-1411

Santa Barbara Multiple Listing Service