NOT LISTED FOR SALE
9 Beds
-- Bath
4,264 Sq Ft
6,970 Sq Ft Lot

Last 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

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

0

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

Range of Values:

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Sold Price
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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
12/20/2017 12/20/17 Sold $705,000 -- $165 / Sq Ft
Source: North Santa Barbara County Regional MLS

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Source: North Santa Barbara County Regional MLS

MLS Number: 1701844

North Santa Barbara County Regional MLS