701 N F Street, Lompoc (93436)
$5,200,000
PROPERTY DETAILS
| Address: |
view address Lompoc, CA 93436 Map Location |
Bedrooms: | 0 |
|---|---|---|---|
| Lot Size: | 34850.0 | Year Built: | 1960 |
| Views: | None | Property Type: | Multi Family |
| Neighborhood: | Other | County: | Santa Barbara |
| List Date: | 2024-05-20 | Listing Number: | V1-23653 |
| Listed By: | Beachside Partners | Days on market: | 26 |
PROPERTY DESCRIPTION
Rare opportunity to acquire a well maintained 30-unit complex in Santa Barbara county for a 6.0% Cap rate on current rents!701-717 North F Street is a well maintained 30-unit apartment building located in Lompoc featuring 5 detached buildings on 5parcels totaling 34,850 SF of land. Built in 1960 the building has had several meaningful upgrades within the last couple yearsincluding new roofs and gutters, fresh exterior paint, fencing and secure gates along with tankless water heaters (3 in eachbuilding). 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. Convenient location for tenantswithin close proximity to Lompoc High School, shopping and buslines. Separately metered for electricity and gas. Assigneduncovered parking. Excellent investment offering solid in place income with additional 15% upside in rental rates. Property isin an opportunity zone.
Contact Buyer Agent
Interior
Appliances
| Appliances: | Gas Range |
Features
| Fireplace features: | None | Laundry Features: | None |
| Laundry: | Yes |
Cooling & Heating
| Cooling features: | None |
Exterior
Pool and Spa
| Pool Features: | None | Spa Features: | None |
| Spa: | Yes |
Property Features
| Fencing: | None |
Property and Lot Details
Features
| Senior Community: | Yes |
View
| Views: | None |
Fee
| Special Listing Conditions: | Standard |
Building Information
| Year Built: | 1960 |
Lot
| Lot Dimensions: | 34850.0 |
Community information and market data Powered by Onboard Informatics. Copyright ©2024 Onboard Informatics. Information is deemed reliable but not guaranteed.
This information is provided for general informational purposes only and should not be relied on in making any home-buying decisions. School information does not guarantee enrollment. Contact a local real estate professional or the school district(s) for current information on schools. This information is not intended for use in determining a person’s eligibility to attend a school or to use or benefit from other city, town or local services.
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Community information and market data Powered by Onboard Informatics. Copyright ©2024 Onboard Informatics. Information is deemed reliable but not guaranteed.
This information is provided for general informational purposes only and should not be relied on in making any home-buying decisions. School information does not guarantee enrollment. Contact a local real estate professional or the school district(s) for current information on schools. This information is not intended for use in determining a person’s eligibility to attend a school or to use or benefit from other city, town or local services.
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Community information and market data Powered by Onboard Informatics. Copyright ©2024 Onboard Informatics. Information is deemed reliable but not guaranteed.
This information is provided for general informational purposes only and should not be relied on in making any home-buying decisions. School information does not guarantee enrollment. Contact a local real estate professional or the school district(s) for current information on schools. This information is not intended for use in determining a person’s eligibility to attend a school or to use or benefit from other city, town or local services.
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