Lompoc, CA 93436,625 N B ST N

$1,127,500

Est. payment /mo

$1,195,000

5.6%
Est.Price: ?

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625 N B ST N Lompoc, CA 93436

0.55 Acres Lot

SOLD DATE : 08/11/2015

Key Details

Sold Price $1,127,500

Property Type Multi-Family

Listing Status Sold

Purchase Type For Sale

MLS Listing ID 215006290

Sold Date 08/11/15

HOA Y/N No

Year Built 1960

Lot Size 0.550 Acres

Acres 0.55

Property Description

Property features 12 single story, garden style apartment units consisting of 10 two-bedroom/one-bath units and two one-bedroom/one-bath units. The units are spacious and offer an investor upside with minimal investment. Each unit is separately metered for gas and electric. The property features a large, open grassy area in front and two of the units have private yard/side yard areas. The complex also features an on site laundry room and generous parking in the rear of the property. This is an ideal property for an investor looking to take advantage of a strong rental market to achieve solid upside in investment returns. Lompoc is home to the 30th Space Wing at Vandenberg Air Force Base. This base is responsible for all DoD operations related to space, satellite and missile activity on the West Coast. The wing supports NASA, NOAA and various private industry partners. Additionally, Lompoc is home to Allan Hancock College, a public community college ranked in the top 120 in country.

Location

State CA

County Santa Barbara

Area Lomp - Lompoc

Zoning R-3

Rooms

Ensuite Laundry Laundry Room

Interior

Laundry Location Laundry Room

Flooring Carpet, Vinyl

Fireplace No

Laundry Laundry Room

Exterior

View Y/N No

Private Pool No

Others

Tax ID 087153002

Acceptable Financing Cash, Cash to New Loan

Listing Terms Cash, Cash to New Loan

Financing Cash to New Loan

Special Listing Condition Standard

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California Regional MLS (CRMLS)
Listed by Brian Johnson • Marcus & Millichap
Bought with Non Member • Radius

The Wilkas Group - Lenore & Alexander Wilkas

Real Estate Advisors | License ID: 01343201 & 01355442

+1(760) 407-2100

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