NOT LISTED FOR SALE

213 E College Ave Lompoc, CA 93436

Lompoc Area
15 Beds
7 Baths
11,120 Sq Ft
0.54 Acre Lot

Sale Details

Date 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

Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 2004

Lot Details

  • 0.54

Parking

  • Garage

Additional Features

  • 2-Story Property
  • Patio
  • 23,522 Sq Ft 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

0.54 Acres

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

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 28, 2016
Closed on
Aug 26, 2016
Sold by
Bought by
Seller's Agent
Nick Henry
The Channel Group
Buyer's Agent
Non Member Agent
Non Member Office
List Price
$1,735,000
Sold Price
$1,587,600
Premium/Discount to List
-$147,400
-8.5%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$900,000
Outstanding Balance
$700,350
Interest Rate
3.48%
Mortgage Type
Commercial

Purchase Details

Closed on
Jul 17, 2014
Sold by
Bought by

Purchase Details

Closed on
Dec 26, 2012
Sold by
Bought by

Purchase Details

Closed on
Jan 19, 2007
Sold by
Bought by

Purchase Details

Closed on
Nov 18, 2005
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$300,000
Interest Rate
6.07%
Mortgage Type
Commercial

Purchase Details

Closed on
Mar 29, 2005
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,470,000
Interest Rate
5.58%
Mortgage Type
Commercial

Purchase Details

Closed on
Jun 24, 2003
Sold by
Bought by

Purchase Details

Closed on
Mar 29, 2002
Sold by
Bought by

Purchase Details

Closed on
Aug 23, 1999
Sold by
Bought by
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Agents Specializing in Lompoc, CA

See All Agents

Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$1,588,000 Fidelity National Title Co
-- None Available
-- None Available
-- None Available
-- None Available
-- Stewart Title Of Ca Inc
-- Stewart Title Of Ca Inc
$2,100,000 Stewart Title Of Ca Inc
-- Stewart Title Of Ca Inc
$200,000 First American Title
-- --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $50,000
Open $900,000
Previous Owner $50,000
Previous Owner $200,000
Previous Owner $300,000
Previous Owner $1,470,000
Previous Owner $310,000
Previous Owner $1,050,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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
2026 $21,195 $1,886,354 $236,756 $1,649,598
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

See All Agents

Map

Source: Santa Barbara Multiple Listing Service

MLS Number: 16-1411

Santa Barbara Multiple Listing Service
Your Personal Tour Guide

Ask me questions while you tour the home.