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
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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

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 $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

Agents Affiliated with this Home

See All Agents

Source: North Santa Barbara County Regional MLS

MLS Number: 1701844

North Santa Barbara County Regional MLS