NOT LISTED FOR SALE

Estimated Value: $612,000 - $741,000

6 Beds
3 Baths
2,700 Sq Ft
$256/Sq Ft Est. Value

Last Sold April 09, 2021

Last sale price $479,000 $177 Per Sq Ft

Est. 41% increase in value since last sale

Current estimated payment $4,197/month

2 Days on Market

Highlights

  • No HOA
  • Laundry Room
  • Turnkey
  • Tile Countertops
  • 3 Attached Carport Spaces
  • 2-minute walk to Miguelito Park

About This Home

As of April 2021

Great investment opportunity! This is your chance to own a single level triplex located in Lompoc’s older desirable southside neighborhood. This triplex has 3 – 2 bedroom, 1 bath units that have been maintained extremely well over the years. All units have long term tenants who are taking very good care of the property. Each unit has indoor washer and dryer hookups, an outdoor storage closet and a covered carport. Please know you will not have any issues with vacancies as this duplex is located in Lompoc older southside and is within walking distance of dining, wine tasting, farmers market, Lompoc Museum, art galleries and many of the popular murals of Lompoc. Please don’t hesitate and come and check out this multi-unit property as investment opportunities in Lompoc’s desirable south side neighborhood rarely come available. Please do not disturb tenants as you must have an appointment to view property.

Last Agent to Sell the Property

Francis Hain

Hain & Associates License #00951410 Listed on: 10/20/2020

Last Buyer's Agent

Francis Hain

Hain & Associates License #00951410 Listed on: 10/20/2020

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,600

Year Built

  • Built in 1964

Lot Details

  • 6,970 Sq Ft Lot
  • Two or More Common Walls
  • Level Lot

Home Design

  • 2,700 Sq Ft Home
  • Property Attached
  • Turnkey
  • Flat Roof Shape

Kitchen

  • Gas Cooktop
  • Tile Countertops

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 3 Bathrooms

Laundry

  • Laundry Room

Parking

  • 3 Parking Spaces
  • 3 Attached Carport Spaces
  • Parking Available

Utilities

  • Wall Furnace
  • Phone Available
  • Cable TV Available

Listing and Financial Details

  • Tenant pays for electricity, sewer, trash collection
  • Legal Lot and Block 14 / 119
  • Assessor Parcel Number 085282006

Community Details

Overview

  • No Home Owners Association
  • 3 Units
  • South East Lmpc Subdivision

Building Details

  • Rent Control
  • 3 Separate Electric Meters
  • 3 Separate Gas Meters
  • 1 Separate Water Meter
  • Gross Income $29,112

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,600

Year Built

Built in 1964

Lot Details

0

Listing Details

  • Property Attached: Yes
  • Road Surface Type: Paved
  • Subdivision Name Other: South East Lmpc(52)
  • Zoning: R2
  • Property Condition: Turnkey
  • Property Type: Residential Income
  • Parcel Number: 085282006
  • Year Built: 1964
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: No
  • Interior Amenities: Tile Counters
  • Common Walls: 2+ Common Walls
  • Flooring: Carpet, Vinyl
  • Appliances: Yes
  • Price Per Square Foot: 177.41

Exterior Features

  • Pool Private: No
  • Roof: Flat

Garage/Parking

  • Carport Spaces: 3.00
  • Parking: Yes
  • Parking Features: Attached Carport
  • Total Parking Spaces: 3.00

Utilities

  • Utilities: Cable Available, Electricity Available, Natural Gas Available, Phone Available, Water Available
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Gas Cooktop, Refrigerator
  • Electric: Standard
  • Heating Type: Wall Furnace
  • Laundry Features: Inside
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Sidewalks

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Level with Street
  • Lot Size Sq Ft: 6970.00
  • Lot Size Acres: 0.1600
  • Latitude Manual: 34.63312500

Rental Info

  • Tenant Pays: Electricity, Sewer, Trash Collection

Multi Family

  • Average2 Bed Area: 900 Square Feet
  • Gross Income: 29112.00
  • Gross Scheduled Income: 29112.00
  • Lot Size Area: 6970.0000 Square Feet
  • Number Of Separate Electric Meters: 3
  • Number Of Separate Gas Meters: 3
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 3
  • Number With Range: 3
  • Number With Refrigerator: 3
  • Rent Control: Yes

Tax Info

  • Tax Block: 119
  • Tax Census Tract: 27.08
  • Tax Lot: 14

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 30, 2020
Sold by
Vienola Thomas A and Berg Jody L
Bought by
Patel Pankaj T and Patel Daksa P
Current Estimated Value
$674,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$356,250
Interest Rate
2.9%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 3, 2015
Sold by
Vienola Thomas A and Berg Jody L
Bought by
The Vienola Credit Trust
Source: Public Records

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Patel Pankaj T $475,000 Fidelity National Title Co
The Vienola Credit Trust -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Patel Pankaj T $356,250
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/09/2021 04/09/21 Sold $479,000 -9.5% $177 / Sq Ft
10/22/2020 10/22/20 Pending -- -- --
10/20/2020 10/20/20 For Sale $529,000 -- $196 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Tax History Compared to Growth

Source: Public Records

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 $5,600 $514,153 $173,188 $340,965
2023 $5,600 $494,190 $166,464 $327,726
2022 $5,505 $484,500 $163,200 $321,300
2021 $939 $76,278 $15,667 $60,611
2020 $929 $75,497 $15,507 $59,990
2019 $913 $74,017 $15,203 $58,814
2018 $898 $72,566 $14,905 $57,661
2017 $882 $71,144 $14,613 $56,531
2016 $866 $69,750 $14,327 $55,423
2015 $859 $68,703 $14,112 $54,591
2014 -- $67,358 $13,836 $53,522
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: NS20222151

California Regional Multiple Listing Service (CRMLS)

APN: 085-282-006