310 South H St (Parkway Pines) is located in a prime area of Lompoc, just south of Ocean Avenue on the central street of South H, and is a fully renovated, turn-key, cash-flowing asset. This 8-unit multifamily property has undergone comprehensive upgrades in the past couple of years, making it an exceptional investment opportunity. Each unit features brand-new luxury vinyl plank (LVP) flooring, stainless steel refrigerators and stoves, new plex and water lines, modern wall heaters with thermostat controls, and tankless water heaters for maximum efficiency. The property includes a desirable unit mix of (6) 1BD/1BA units and (2) 2BD/1BA units, with off-street parking for eight vehicles. With a strong 5.46% current CAP rate, 310 South H Street is the definition of a low-maintenance, high-yield investment in a sought-after area, providing stable returns and long-term growth opportunities.Contact Listing Agents for more information!
Lompoc is located in California. Lompoc, California has a population of 44,232. Lompoc is more family-centric than the surrounding county with 34.14% of the households containing married families with children. The county average for households married with children is 31.69%.
The median household income in Lompoc, California is $60,234. The median household income for the surrounding county is $84,356 compared to the national median of $69,021. The median age of people living in Lompoc is 33.8 years.
The average high temperature in July is 74.1 degrees, with an average low temperature in January of 40.3 degrees. The average rainfall is approximately 16.4 inches per year, with 0 inches of snow per year.
