Well maintained 30-units in Lompoc with in place 6.0% Cap rate on current rents as of June 1. 5 detached buildings (701-717 F ST) on 5 parcels totaling 34,850 SF of land. Built in 1960, the several upgrades completed w/in last couple years inc new roofs and gutters, fresh exterior paint, fencing and secure gates along w/ tankless water heaters (3 in each building). Windows are dual paned. Kitchens have granite countertops. Second story units feature exposed beam ceilings. Maple trees along with drought tolerant landscape provide shade and inviting curb appeal. Lompoc High School, shopping and buslines. Sep metered for electricity and gas. Assigneduncovered parking. Excellent investment offering solid in place income with additional 15% upside in rents. Located in an opportunity zone.
Closed
Zillow last checked:
Listing updated:
Bought with:
Andrew Adler, 01162080
Century 21 Masters
Source: SBMLS,MLS#: 24-1637
Price history
| Date | Event | Price |
|---|---|---|
| 7/9/2024 | Sold | $5,250,000+1% |
Source:  SBMLS #24-1637 Report a problem | ||
| 6/18/2024 | Contingent | $5,200,000 |
Source:  CRMLS #V1-23653 Report a problem | ||
| 5/29/2024 | Pending sale | $5,200,000 |
Source: SBMLS #24-1637 Report a problem | ||
| 5/21/2024 | Listed for sale | $5,200,000 |
Source: CRMLS #V1-23653 Report a problem | ||
Sell for more on Zillow
Get a Zillow Showcase℠ listing at no additional cost and you could sell for .
$1,764,300
2% more
+$35,286
With Zillow Showcase(estimated)
$1,799,586
