NOT LISTED FOR SALE

721 N C St Lompoc, CA 93436

-- Bed
1 Bath
10,892 Sq Ft
0.52 Acres

Last Sold June 10, 2015

Last sale price $1,130,147 $104 Per Sq Ft

155 Days on Market

Highlights

  • 0.52 Acre Lot
  • Laundry Room
  • Carpet

About This Home

As of June 2015

Great opportunity to purchase this clean, 22 unit, bread-and-butter apartment complex. Well maintained with new siding, some new windows, many upgrades inside the units. New roof installed in 2005. Separately metered for electric and gas. Large laundry room with additional vending income. Property may be purchased with adjacent 22 unit apartment at 716 N D St for a total of 44 units!

Last Agent to Sell the Property

Steve Battaglia

Battaglia Commercial Real Esta License #01318215 Listed on: 02/04/2015

Last Buyer's Agent

Steven Battaglia

Lee & Associates

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1962

Lot Details

  • 0.52

Home Design

  • Slab Foundation

Flooring

  • Carpet
  • Vinyl

Parking

  • 22 Parking Spaces
  • Uncovered Parking

Utilities

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

Additional Features

  • Laundry Room
  • 0.52 Acre Lot

Community Details

  • 22 Units
  • Gross Income $164,964

Listing and Financial Details

  • The owner pays for trash collection, water
  • Assessor Parcel Number 087-103-021

Property Details

Home Type

Multi-Family

Year Built

Built in 1962

Lot Details

0

Listing Details

  • Prop. Type: ResidentialIncome
  • Year Built: 1962
  • Income Expenses Annual Income: 164964.0
  • Capitalization Rate: 4.87
  • Gross Rent Multiplier: 8.03
  • Meters Sep Meter Elec: Y
  • Meters Sep Meter Gas: Yes
  • Miscellaneous Parking Spaces: 22.0
  • ResoLaundryFeatures: Laundry Room
  • Reso Flooring: Vinyl, Carpet
  • Property Information Year Built2: 1962
  • NeighborhoodSchools Elementary School: Other
  • NeighborhoodSchools Junior High School: Other
  • NeighborhoodSchools High School: Other
  • HeatingCooling Wall3: Yes
  • Parking Info Uncovered: Yes
  • Foundation:Slab: Yes
  • Laundry Laundry Room2: Yes
  • Property Information Apx Lot SqFt: 22651.0
  • FlrWdw Coverings Carpet: Yes
  • FlrWdw Coverings Vinyl2: Yes
  • HeatingCooling AC None2: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Exterior Features

  • Acres: 0.52
  • Foundation Details: Slab

Garage/Parking

  • Parking Features: Uncovered
  • Total Parking Spaces: 22.0

Schools

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

Lot Info

  • Parcel #: 087-103-021
  • Zoning: R-3
  • Lot Size Sq Ft: 22651.0

Rental Info

  • Owner Pays: Trash Collection, Water

Multi Family

  • Number Of Units Total: 22
  • Annual Gross Income: 164964.0
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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 Prior Sale
06/10/2015 06/10/15 Sold $1,130,147 -48.0% $104 / Sq Ft
06/10/2015 06/10/15 Sold $2,175,000 +61.1% $105 / Sq Ft View Prior Sale
04/09/2015 04/09/15 Pending -- -- --
11/05/2014 11/05/14 For Sale $1,350,000 -- $124 / Sq Ft
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 $14,702 $1,334,044 $276,420 $1,057,624
2023 $14,702 $1,282,243 $265,687 $1,016,556
2022 $14,444 $1,257,102 $260,478 $996,624
2021 $14,600 $1,232,454 $255,371 $977,083
2020 $14,442 $1,219,818 $252,753 $967,065
2019 $14,206 $1,195,901 $247,798 $948,103
2018 $13,985 $1,172,453 $242,940 $929,513
2017 $13,730 $1,149,465 $238,177 $911,288
2016 $13,483 $1,126,927 $233,507 $893,420
2014 -- $873,169 $193,931 $679,238
Source: Public Records

Agents Affiliated with this Home

  • Steve Battaglia

    Seller's Agent in 2015

    Steve Battaglia

    Battaglia Commercial Real Esta

    (805) 688-5333

    9 in this area

    73 Total Sales

    Steve Battaglia
    Section Image

  • S

    Buyer's Agent in 2015

    Steven Battaglia

    Lee & Associates

See All Agents

Map

Source: Santa Barbara Multiple Listing Service

MLS Number: 14-3436

Santa Barbara Multiple Listing Service
California Santa Barbara County Lompoc 93436

721 N C St, Lompoc, CA

Not Listed for Sale

MultiFamily

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