NOT LISTED FOR SALE

602 N Third St Lompoc, CA 93436

Lompoc Area
9 Beds
-- Bath
4,264 Sq Ft
6,970 Sq Ft Lot

Sale Details

Date Sold: December 20, 2017

Last sale price $705,000 $165 Per Sq Ft

29 Days on Market

Highlights

  • Corner Lot
  • Coin Laundry
  • 3-minute walk to Pioneer Park

About This Home

As of December 2017

Rarely available apartment complex in NE Lompoc with plenty of upside potential. Currently is being rented as a seven(7) unit apt but was reportedly built to be an eight(8) unit apt complex. Units are separately metered for gas & electricity paid by tenants. Trash & water paid by landlord.

Last Agent to Sell the Property

Thomas Le Pley

Berkshire Hathaway HomeServ-Los Olivos License #00415053 Listed on: 10/03/2017

Last Buyer's Agent

NONMEMBER NONMEMBER

LV Non Member Office

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Property Details

Home Type

  • Multi-Family

Lot Details

  • 6,970 Sq Ft Lot
  • Corner Lot

Home Design

  • Slab Foundation
  • Composition Roof
  • Stucco

Interior Spaces

  • 9 Bedrooms
  • 2-Story Property

Parking

  • Private Parking
  • On-Street Parking

Utilities

  • Heating System Uses Natural Gas
  • Separate Meters
  • Individual Gas Meter
  • Phone Available
  • Cable TV Available

Listing and Financial Details

  • Tenant pays for cable TV, electricity, gas
  • The owner pays for gardener, insurance, taxes, trash collection, water
  • Assessor Parcel Number 087-172-009

Community Details

Building Details

  • Operating Expense $25,965
  • Net Operating Income $34,445

Additional Features

  • 7 Units
  • Coin Laundry

Property Details

Home Type

Multi-Family

Lot Details

6,970 Sq Ft Lot

Listing Details

  • FILLACRES: 0.16
  • Listing Member Name: Thomas Le Pley
  • Listing Office Short Id: 201000368
  • List Office Board Code: Santa Ynez Valley
  • Lot Size Sq Ft: 6970.00
  • Major Area: 60 - Lompoc
  • Open House Office I D: 20170308161134556535000000
  • Property Sub Type: Multi-Family
  • Prop. Type: B
  • Selling Member Short Id: 7993
  • Selling Office Short Id: 3739
  • Tract Suffix: Street
  • Unit Levels: Two
  • Geen Feat.: Cable Available, Curbs/Gutter, Paved Streets, Sidewalks, Street Lights, Telephone
  • Income And Expenses Annual Operating Exp: 25965.00
  • Income And Expenses Cap Rate: 3.85
  • Landlord Pays: Gardener, Insurance, Taxes, Trash Collection, Water
  • Special Features: None
  • Stories: 0

Interior Features

  • Year Built Exception: Unknown
  • Total Bedrooms: 9
  • Laundry: Coin Op, Common

Exterior Features

  • Exterior: Stucco
  • Foundation: Slab
  • Roof: Composition

Garage/Parking

  • Parking: 1 - 5, Private Lot, Street

Utilities

  • Air Conditioner: None
  • Heating: Natural Gas
  • Sewer: Public Sewer
  • Hot Water: Public
  • Separate Meters: Electric, Gas

Lot Info

  • Lot Characteristics: Corner
  • Zoning Description: Apartment

Rental Info

  • Deposit: 3.00
  • Tenant Pays: Cable TV, Electricity, Gas

Tax Info

  • Assessor Parcel Number: 087-172-009

Multi Family

  • Income And Expenses Net Operating Income: 34445.00
  • Total Number Units: 7

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
Oct 3, 2017
Closed on
Dec 5, 2017
Sold by
Bought by
Seller's Agent
Thomas Le Pley
Berkshire Hathaway HomeServ-Los Olivos
Buyer's Agent
NONMEMBER NONMEMBER
LV Non Member Office
Sold Price
$705,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$528,750
Interest Rate
3.9%
Mortgage Type
Commercial

Purchase Details

Closed on
Aug 28, 2017
Sold by
Bought by

Purchase Details

Closed on
May 20, 2014
Sold by
Bought by

Purchase Details

Closed on
Apr 28, 2014
Sold by
Bought by

Purchase Details

Closed on
Oct 20, 2005
Sold by
Bought by

Purchase Details

Closed on
Sep 20, 2005
Sold by
Bought by

Purchase Details

Closed on
Aug 31, 2001
Sold by
Bought by
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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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
$705,000 Chicago Title Co
$400,000 Accommodation
-- None Available
-- None Available
-- None Available
-- None Available
-- --
-- --
-- --
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 $635,000
Closed $528,750
Previous Owner --
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
12/20/2017 12/20/17 Sold $705,000 -- $165 / Sq Ft
Source: North Santa Barbara County Regional MLS

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 $9,280 $818,208 $116,056 $702,152
2025 $8,780 $802,166 $113,781 $688,385
2023 $8,780 $771,018 $109,363 $661,655
2022 $8,628 $755,901 $107,219 $648,682
2021 $8,724 $741,080 $105,117 $635,963
2020 $8,630 $733,482 $104,040 $629,442
2019 $8,489 $719,100 $102,000 $617,100
2018 $8,358 $705,000 $100,000 $605,000
2017 $5,562 $465,417 $69,905 $395,512
2016 $5,462 $456,292 $68,535 $387,757
2015 $5,421 $449,439 $67,506 $381,933
2014 $5,111 $420,917 $64,280 $356,637
Source: Public Records

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Map

Source: North Santa Barbara County Regional MLS

MLS Number: 1701844

North Santa Barbara County Regional MLS
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