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  • $5,250,000

    701 N F St, Lompoc, CA 93436

    2beds
    1baths
    --sqft
    Multi Family
    Built in 1960
    -- sqft lot
    $1,725,100 Zestimate®
    $--/sqft
    $2,217 Estimated rent

    Home value

    $1,725,100

    $1.24M - $2.60M

    $2,217/mo

    Zestimate® history
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    $2,217/mo

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    Rent Zestimate®

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    $32,677/mo

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    $32,677/mo

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    What's special

    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.

    Zillow last checked:

    Listing updated:

    Listed by:

    Nick Henry 01748131 805-705-7311,

    Beachside Partners,

    Lori Zahn 01914851 805-451-2712,

    Beachside Partners

    Bought with:

    Andrew Adler, 01162080

    Century 21 Masters

    Source: SBMLS,MLS#: 24-1637MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 2
    • Bathrooms: 1
    Features
    • Has fireplace: No

    Property

    Lot
    • Size: 0.80 Acres
    Details
    • Parcel number: 087092006
    • Zoning: Other

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Multi Family
    Condition
    • Year built: 1960

    Community & neighborhood

    Location
    • Region: Lompoc

    HOA & financial

    Other financial information
    • Total actual rent: 41795

    Other

    Other facts
    • Listing terms: Ctnl

    Price history

    DateEventPrice
    7/9/2024Sold$5,250,000+1%
    Source: SBMLS #24-1637 Report a problem
    6/18/2024Contingent$5,200,000
    Source: CRMLS #V1-23653 Report a problem
    5/29/2024Pending sale$5,200,000
    Source: SBMLS #24-1637 Report a problem
    5/21/2024Listed for sale$5,200,000
    Source: CRMLS #V1-23653 Report a problem

    Public tax history

    Tax history is unavailable.

    Neighborhood: 93436

    Nearby schools

    GreatSchools rating
    Sell for more on Zillow
    Get a Zillow Showcase℠ listing at no additional cost and you could sell for .
    $1,725,100
    2% more
    +$34,502
    With Zillow Showcase(estimated)
    $1,759,602