NOT LISTED FOR SALE

512 N T St Lompoc, CA 93436

West Lompoc Neighborhood
-- Bed
8 Baths
6,000 Sq Ft
6,970 Sq Ft Lot

Last Sold April 11, 2017

Last sale price $857,000 $143 Per Sq Ft

Highlights

  • Laundry Room
  • Carpet
  • 2-minute walk to Thompson Park

About This Home

As of April 2017

8-Unit bread and butter apartment building in Lompoc featuring (7) 2Bed/1Bath units, (1) 1Bed/1Bath unit, and laundry room. Rents are well below market, which make this a great opportunity for buyers to add value to this asset. Proforma CAP 5.9%. Call listing agent for more details.

Last Agent to Sell the Property

Steve Battaglia

Battaglia Commercial Real Esta License #01318215 Listed on: 12/06/2016

Last Buyer's Agent

Steve Battaglia

Battaglia Commercial Real Esta License #01318215 Listed on: 12/06/2016

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1960

Lot Details

  • 6,970 Sq Ft Lot
  • Property is in average condition

Home Design

  • Slab Foundation

Interior Spaces

  • 2-Story Property
  • Laundry Room

Flooring

  • Carpet
  • Vinyl

Parking

  • 6 Open Parking Spaces
  • 6 Parking Spaces

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Shared Gas Meter
  • Individual Gas Meter

Listing and Financial Details

  • The owner pays for water
  • Assessor Parcel Number 089-161-011

Community Details

Overview

  • 8 Units

Building Details

  • Operating Expense $31,356
  • Gross Income $73,620

Property Details

Home Type

Multi-Family

Year Built

Built in 1960

Lot Details

0

Listing Details

  • Prop. Type: ResidentialIncome
  • Year Built: 1960
  • Income Expenses Annual Income: 73620.0
  • Gross Rent Multiplier: 12.22
  • Annual Expenses: 31356.0
  • Meters Sep Meter Elec: Y
  • Meters Sep Meter Gas: Yes
  • Meters Sep Meter Wtr: N
  • Building Stories: 2
  • ResoLaundryFeatures: Laundry Room
  • Reso Flooring: Vinyl, Carpet
  • New Construction: No
  • Reso Property Condition: Average
  • Property Information Year Built2: 1960
  • NeighborhoodSchools Elementary School: Other
  • NeighborhoodSchools Junior High School: Other
  • NeighborhoodSchools High School: Other
  • HeatingCooling Wall3: Yes
  • Parking Info Total # Unconvered Spaces: 6.0
  • Foundation:Slab: Yes
  • Laundry Laundry Room2: Yes
  • Property Information Apx Lot SqFt: 6970.0
  • FlrWdw Coverings Carpet: Yes
  • General Property Information Stories2: 2.0
  • Condition Average2: Yes
  • FlrWdw Coverings Vinyl2: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Exterior Features

  • Acres: 0.16
  • Foundation Details: Slab

Garage/Parking

  • Open Parking Spaces: 6.0

Schools

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

Lot Info

  • Parcel #: 089-161-011
  • Zoning: R-3
  • Lot Size Sq Ft: 6970.0

Rental Info

  • Owner Pays: Water

Multi Family

  • Number Of Units Total: 8
  • Annual Gross Income: 73620.0
  • Annual Operating Expense: 31356.0

Range of Values:

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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 Change Sq Ft Price
04/11/2017 04/11/17 Sold $857,000 -4.8% $143 / Sq Ft
12/06/2016 12/06/16 Pending -- -- --
12/06/2016 12/06/16 For Sale $900,000 -- $150 / Sq Ft
Source: Santa Barbara Multiple Listing Service

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Steve Battaglia

    Seller's Agent in 2017

    Steve Battaglia

    Battaglia Commercial Real Esta

    (805) 688-5333

    4 in this area

    87 Total Sales

    Steve Battaglia
    Section Image
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Map

Source: Santa Barbara Multiple Listing Service

MLS Number: 16-3906

Santa Barbara Multiple Listing Service

California Santa Barbara County Lompoc 93436 West Lompoc

512 N T St, Lompoc, CA

This home is located at 512 N T St, Lompoc, CA 93436 since 06 December 2016. This property was built in 1960. 512 N T St is a home located in Santa Barbara County with nearby schools including Clarence Ruth Elementary School, Lompoc Valley Middle School, and Lompoc High School.

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