NOT LISTED FOR SALE

621 W Ocean Ave Lompoc, CA 93436

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

Sale Details

Date 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

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
Feb 23, 2024
Closed on
Apr 10, 2024
Sold by
Bought by
Seller's Agent
Steve Battaglia
Battaglia Commercial Real Esta
Buyer's Agent
Andrew 'Andy' Adler
Century 21 Masters
List Price
$975,000
Sold Price
$985,000
Premium/Discount to List
$10,000
1.03%
Views
31

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$565,000
Interest Rate
0.0674%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 15, 2011
Sold by
Bought by

Purchase Details

Closed on
Mar 9, 2003
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
$285,000
Interest Rate
0.0583%
Mortgage Type
Commercial
Source: Public Records
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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
$985,000 Wfg National Title
$360,000 First American Title Company
$425,000 Stewart Title Of Ca Inc
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 $565,000
Previous Owner $285,000
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
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

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 $11,561 $1,024,794 $109,242 $915,552
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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