$940,000
$995,000
5.5%For more information regarding the value of a property, please contact us for a free consultation.
7,405 Sqft Lot
SOLD DATE : 10/15/2021
Key Details
Sold Price $940,000
Property Type Condo
Sub Type Apartment
Listing Status Sold
Purchase Type For Sale
MLS Listing ID V1-6674
Sold Date 10/15/21
HOA Y/N No
Year Built 1960
Lot Size 7,405 Sqft
Acres 0.17
Property Description
Well maintained 6-unit Lompoc apartment building featuring all 2BD/1BA units. Uncovered parking, onsite laundry and separate electric and gas meters. Sewer lateral has recently been replaced and the building has newer dual pane retrofit windows plus there is a new brick patio at the entry. The owner has kept rents below market levels. On market rents the property is being offered at a 10.5 GRM, 6.2% Cap rate.
Location
State CA
County Santa Barbara
Area Lomp - Lompoc
Interior
Heating Wall Furnace
Cooling None
Fireplaces Type None
Fireplace No
Appliance Gas Oven
Exterior
Garage On Site
Fence None
Pool None
Community Features Suburban
View Y/N No
View None
Parking Type On Site
Total Parking Spaces 6
Private Pool No
Building
Lot Description Sprinklers None
Story 2
Entry Level Two
Sewer Public Sewer
Water Public
Level or Stories Two
Others
Senior Community No
Tax ID 091051003
Acceptable Financing Conventional
Listing Terms Conventional
Financing Conventional
Special Listing Condition Standard
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Bought with Nicholas Henry • Beachside Partners