NOT LISTED FOR SALE

621 W Ocean Ave Lompoc, CA 93436

-- Bed
-- Bath
-- Sq Ft
6,970 Sq Ft Lot

Last Sold April 26, 2024

Last sale price $985,000

1 Day on Market

About This Home

As of April 2024

Garden style apartments located near Old Towne Lompoc and close to shopping, restaurants, and Ryon Park. Good unit mix with (4) 2Bed/1Bath and (2) 1Bed/1Bath units. Property has laundry room and off-street parking in the rear of the building. ONLY $162,500 PER UNIT. Good upside in rents. Cap Rate of 5.1% on Actuals and 8.1% Proforma.

Last Agent to Sell the Property

Steve Battaglia

Battaglia Commercial Real Esta License #01318215 Listed on: 02/23/2024

Last Buyer's Agent

Andrew 'Andy' Adler

Century 21 Masters License #01162080

Century 21 Masters

Property Details

Home Type

  • Multi-Family

Lot Details

  • 6,970

Parking

  • Uncovered Parking

Additional Features

  • 6,970 Sq Ft Lot
  • Laundry Room
  • Property is near park, public transit, and bus stop
  • Individual Gas Meter

Community Details

  • 6 Units

Listing and Financial Details

  • Assessor Parcel Number 091-072-014

Property Details

Home Type

Multi-Family

Lot Details

6,970 Sq Ft Lot

Listing Details

  • Prop. Type: ResidentialIncome
  • Meters Sep Meter Elec: Y
  • Meters Sep Meter Gas: Yes
  • ResoLaundryFeatures: Laundry Room
  • ResoLotFeatures: Near Public Transit
  • Property Information Apx # Acres: 0.16
  • NeighborhoodSchools Elementary School: Other
  • NeighborhoodSchools Junior High School: Other
  • NeighborhoodSchools High School: Other
  • Parking Info Uncovered: Yes
  • Proximity Near Park(s)2: Yes
  • Laundry Laundry Room2: Yes
  • Proximity Near Bus: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Exterior Features

  • Acres: 0.16

Garage/Parking

  • Parking Features: Uncovered

Schools

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

Lot Info

  • Parcel #: 091-072-014
  • Zoning: R-3
  • Lot Size Sq Ft: 6969.6
  • ResoLotSizeUnits: Acres
  • ResoLotSizeUnits: Acres

Multi Family

  • Number Of Units Total: 6
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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
04/26/2024 04/26/24 Sold $985,000 +1.0% --
02/25/2024 02/25/24 Pending -- -- --
02/23/2024 02/23/24 For Sale $975,000 -- --
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 $4,982 $1,004,700 $107,100 $897,600
2023 $4,982 $434,611 $96,577 $338,034
2022 $4,894 $426,090 $94,684 $331,406
2021 $4,947 $417,736 $92,828 $324,908
2020 $4,894 $413,454 $91,877 $321,577
2019 $4,813 $405,348 $90,076 $315,272
2018 $4,739 $397,401 $88,310 $309,091
2017 $4,652 $389,610 $86,579 $303,031
2016 $4,568 $381,972 $84,882 $297,090
2014 $4,471 $368,866 $81,970 $286,896
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Santa Barbara Multiple Listing Service

MLS Number: 24-567

Santa Barbara Multiple Listing Service
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