Courtesy: Sotheby's International Realty
805-969-9993
Two single famly homes with seperate APN #'s in the sought-after nieghborhood of Briar Creek. Both homes built in 2014 are located on the same street two doors down from each other. This neighborhood is quiet and close to shopping centers and Vandenberg Space Force Base. Both homes have excellent tenants, rents are $2800 /mo each. HOA $177.16 per home, inc, front yard landscaping, front yard water and trash.
Courtesy: Radius Group Commercial RE
Welcome to 404 S. H St, a remarkable turnkey investment opportunity in the heart of Lompoc. This multi-family property features a total of 8 units: (1) 1 bed/1 bath, (5) 2 bed/1 bath, (1) 3 bed/2 bath, and (1) studio, all within +/-5,366 SF of living space. The stone exterior and simple style offer a timeless appeal, while the private patios for the upper units provide additional outdoor space for tenants to enjoy. Situated on a +/-6,969 SF lot, this property is meticulously maintained and ready for new ownership. Its prime location ensures easy access to local amenities, making it an attractive option for tenants. Whether you're an experienced investor or new to the market, this property promises stable income and significant appreciation potential. Contact Listing Agents for further details.
Courtesy: Adrian Berari, Broker
805-637-3482
A unique opportunity to own this 18-unit apartment complex in Lompoc, CA. Each of the three buildings consist of 6 apartments with 2 bedrooms, 1 bathroom, approx. 751 sft each. Three units are upstairs and three units downstairs with their own enclosed patios. All 18 units have their own parking spaces in the back of the buildings. Most of the units have been upgraded, and regularly maintained with laminate floors in living areas, tile floors in baths and kitchen. Some have remodeled kitchens. Most of the units have been rented from long term tenants.
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.
Discover a remarkable investment opportunity with this fully remodeled 4-unit multifamily property located in the heart of Lompoc, CA. Live in one unit while the others generate income! Investment Highlights: Extensively renovated with modern finishes, including new kitchens, bathrooms, bedrooms, as well as new exterior and interior paint. Efficient unit layout with appealing floor plans and great floor-to-ceiling height. Includes 3 new dryers and 2 washers, enhancing tenant convenience. Tenants are responsible for electricity, gas, sewer, and trash expenses, minimizing operating costs for the owner. This property presents an attractive 6.6% CAP rate with a pro forma CAP rate of 8%, showcasing its potential for significant income growth. Square Footage: 2,496 Lot Size: 6,970 SF Unit Composition: 3 units with 2 beds & 1 bath each (672 SF each) and 1 unit with 1 bed & 1 bath (480 SF) Current Rental Income: $7,950/month Future Rental Income (Post June 1, 2024): $8,521/month Parking: 4 spaces Year Built: 1960, Renovated in 2023 Location Benefits: Situated in Lompoc, CA, a city known for its thriving economy and significant growth. Close to notable economic drivers such as the Trident Missile Program and Vandenberg Space Force Base. Supported by economic development initiatives and the Lompoc Valley Chamber of Commerce, aiming to attract businesses and create job opportunities. This property is a perfect match for investors seeking to capitalize on Lompoc's growing market while enjoying the benefits of a fully remodeled, turnkey investment. With its strategic location, modern amenities, and strong income potential, this multifamily opportunity is poised to be a valuable addition to any investment portfolio.
Lompoc is located in California. Lompoc, California has a population of 43,762. Lompoc is less family-centric than the surrounding county with 33.87% of the households containing married families with children. The county average for households married with children is 34.88%.
The median household income in Lompoc, California is $49,074. The median household income for the surrounding county is $68,023 compared to the national median of $57,652. The median age of people living in Lompoc is 32.4 years.
The average high temperature in July is 72.2 degrees, with an average low temperature in January of 42.3 degrees. The average rainfall is approximately 19.5 inches per year, with 0 inches of snow per year.
