• 621 W Ocean Avenue Lompoc, CA 93436

  • $975,000
  • 0
    Bed(s)
  • 0
    Baths
  • 4,302
    Sq Ft
  • 6970
    Sqft
  • Listed By: Steven Battaglia, Steven Battaglia, Broker, DRE #01318215
  • Source: CRMLS

Garden style apartments located near Old Towne Lompoc and close to shopping, restaurants, and Ryon Park. Good unit mix with (4) 2Bed/1Bath and (2) 1Bed/1Bath units. Property has laundry room and off-street parking in the rear of the building. ONLY $162,500 PER UNIT. Good upside in rents. Cap Rate of 5.1% on Actuals and 8.1% Proforma.

Property Type :

Residential Income

Subdivision :

Fallbrook

County :

Santa Barbara

Style :

Residential Income

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Property Details

 

Water/Sewer

Water Source : Public

Sewer : Public Sewer

Interior Features

Roof : Composition,Shingle

Heating Source

Natural Gas,Wall Furnace

Has Heating

Building Information

Year Built: 1958

Building Area Total: 4,302

Roof: Composition,Shingle

Pool Features

None

Laundry Features

Common Area

Lot Details

Lot Dimensions Source: Vendor Enhanced

Lot Size Acres: 0.16

Lot Size Source: Assessor

Lot Size Square Feet: 6970

Listing Price Information

Original List Price: 975,000

Listing Contract Date: 2024-02-22

Lease Information

Listing Agreement: Exclusive Right To Sell

Tax Information

Parcel Number: 091072014

Garage and Parking

Garage Description: Uncovered

Homeowners Association

Rental Info

Lease Term: Negotiable

Other Property Info

Source Listing Status: Pending

Source Neighborhood: LOMP - Lompoc

Postal Code Plus 4: 6643

Directions: Travel west on Hwy 246 from Buellton. Hwy 246 becomes Hwy 1 and Ocean Ave. Property is on your right, 0.4 mile past H St (main intersection).

Source Property Type: Residential Income

Area: LOMP - Lompoc

Property SubType: Apartment

Building and Construction

Property Age: 66

Common Walls: 2+ Common Walls

Structure Type: Apartment

Year Built Source: Other

Entry Level: 1

Entry Location: Ground

Property Attached: Yes

Nearby Home Value

Address Estimate Bed Bath Sq. Ft Lot Size
E Laurel Avenue, Lompoc, CA,93436 $200,000 -- -- -- 16552 Sqft
La Purisima, Lompoc, CA,93436 $1,200,000 -- -- -- 798019 Sqft
2753 Gypsy Canyon Road, Lompoc, CA,93436 $6,500,000 3 2 1,316 5553900 Sqft
7253 Santos Road, Lompoc, CA,93436 $5,350,000 3 2 2,214 3550140 Sqft
3625 Jalama Road, Lompoc, CA,93436 $5,595,000 10 4 4,561 16422120 Sqft
601 Saint Andrews Way, Lompoc, CA,93436 $1,135,000 3 2 2,008 41382 Sqft
211 Mail Road, Lompoc, CA,93436 $3,950,000 -- -- -- 5793480 Sqft
141 White Sage Lane, Lompoc, CA,93436 $735,000 4 2 2,057 6534 Sqft
4242 Rigel Avenue, Lompoc, CA,93436 $559,880 3 2 1,555 7405 Sqft
213 S E Street, Lompoc, CA,93436 $685,000 4 2 2,110 10454 Sqft

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ByOwner last updated this listing 04/27/2024 @ 04:57

MLS: PI24037096
LISTED BY: Steven Battaglia, Steven Battaglia, Broker
SOURCE: CRMLS
Buyer Agency Compensation: 2.5%
Buyer Agency Description: The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed and if applicable, to participants of reciprocating MLS's as set forth in Association/MLS reciprocal agreements.

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