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507 W Ocean Ave

Lompoc, CA 93436
  • $1,225,000
  • STATUS: Active
  • ON SITE: 35 Days
  • MLS #: 21-3408
UPDATED: 57 min ago
$1,225,000
  • 0
    BEDS
  • 0.32
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Multi-Family
Built:
1952
County:
Area:

School Information

Elementary School:
Middle School:
High School:
Listing provided courtesy of Battaglia Commercial Real Esta.

Description

Bread and butter units in south Lompoc. The property features 6 well-maintained, single story, 2Bed/1Bath units in 2 buildings. Dual pane windows and tile flooring throughout. Units are separately metered for electricity and gas. 10 uncovered parking spaces at rear of property. Most tenants are long term, and all rental agreements are month to month.

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© 2021 Santa Barbara Multiple Listing Service. All rights reserved. Based on information from the Santa Barbara MLS as of 2021-10-15T17:46:55.993. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent. Data last updated 2021-10-15T17:46:55.993.
www.theepsteinpartners.com/homes/121290581
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507 W Ocean Ave Lompoc, CA 93436

  • Price: $1,225,000
  • Status: Active
  • Updated: 57 min ago
  • MLS #: 21-3408
0
Beds
0
Baths
0
½ Baths
0.32
Acres
1952
Built
Neighborhood:
Lompoc
County:
Santa Barbara
Area:
Lompoc
Elementary School:
Other
Middle School:
Other
High School:
Other
Property Description
Bread and butter units in south Lompoc. The property features 6 well-maintained, single story, 2Bed/1Bath units in 2 buildings. Dual pane windows and tile flooring throughout. Units are separately metered for electricity and gas. 10 uncovered parking spaces at rear of property. Most tenants are long term, and all rental agreements are month to month.
Exterior Features

Parking Information Uncovered Parking Spaces 10.00

Interior Features

Heating Cooling A/C NoneWall Laundry None Unit1 Baths 1.00 Unit1 Bedrooms 2.00 Unit1 Half Baths 0.00

Property Features

Condition Average Cross Street North L St Deposit 35000.00 Foundation Slab Income Expenses Annual Income 93600.00 Income Expenses Capitalization Rate 5.0 Income Expenses Gross Rent Multiplier 13.1 Income Expenses NOI 60844 Income Expenses Total Annual Exp 29948.00 Meters Separate Meter Electric Yes Meters Separate Meter Gas Yes Meters Separate Meter Water No Owner Provides TrashWater Reports Available Pest Inspection Terms CashCtnl Unit1 LeaseM/M Unit1 Furnished No Unit1 Monthly Total 7800.00 Unit1 Rent 1300.00 Unit1 Units 6.00 Zoning R-3

Listing information © 2021 Santa Barbara MLS
Listing provided courtesy of Battaglia Commercial Real Esta.



© 2021 Santa Barbara Multiple Listing Service. All rights reserved. Based on information from the Santa Barbara MLS as of 2021-10-15T17:46:55.993. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent. Data last updated 2021-10-15T17:46:55.993.
 
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Keller Williams
1503 Chapala Street
Santa Barbara CA, 93101
Listing provided courtesy of Battaglia Commercial Real Esta.