CA > Lompoc > North East Lmpc(47)
Lompoc, CA 93436,733 N C Street
Lompoc, CA 93436,733 N C Street
Lompoc, CA 93436,733 N C Street
3
See all 3 photos
$2,760,000
Est. payment /mo
Save
1 Bed
2 Baths
Active

733 N C Street Lompoc, CA 93436

Save
REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.
In-PersonVirtual Tour
Mon
11
Aug
Tue
12
Aug
Wed
13
Aug
Patty Doyle

Patty Doyle

+1(619) 886-0321

UPDATED:

Key Details

Property Type Multi-Family

Sub Type Res Income 2-4 Units

Listing Status Active

Purchase Type For Sale

Subdivision North East Lmpc(47)

MLS Listing ID PI25159888

Bedrooms 1

Property Sub-Type Res Income 2-4 Units

Property Description

Coral Apartments in Lompoc is a well maintained 22-unit multifamily apartment complex in Lompoc with upgraded copper plumbing, newer ABS sewer lines, newer gas heaters, upgraded tile bathrooms, and more. The (8) 1-bedroom and (14) studios apartments surround a tastefully landscaped courtyard, and residents enjoy the comfort of security gates and camera system in addition to on-site parking and a common laundry room. The property is operated subject to an affordable covenant that expires in 2034 which restricts the renting of the apartments to Low or Very Low Income Households. Even with the affordable restrictions, there is strong upside in rents that can yield a Proforma CAP rate of 9.6% giving the savvy investor value-add opportunity in the short term with additional upside once the affordable agreement expires.

Location

State CA

County Santa Barbara

Zoning Public Rec

Direction From Highway 101, take Rte 246 west toward Lompoc, continue on Rte 246 into town, turn right onto A Street followed by a left on

Interior

Fireplace No

Exterior

View Y/N No

Roof Type Composition

Building

Story 2

Level or Stories 2

Others

Tax ID 087103020

MLS Router / San Diego MLS
Listed by Steven Battaglia Steven Battaglia, Broker

GET MORE INFORMATION

agent

Patty Doyle

Agent | License ID: 01507441

+1(619) 886-0321

Name
Phone*
Message
I agree by electronic signature to the Electronic Disclosure Consent; to receive recurring marketing communication from or on behalf of Patty Doyle, including auto-dialed calls, texts, and artificial/prerecorded voice messages (consent not required to make a purchase; data rates may apply; reply “STOP” to opt-out of texts or ‘HELP” for help); and to the Terms of Service and Privacy Policy of this website. I understand that I can call to obtain direct assistance.

Go tour this home

733 N C Street

QUICK SEARCH
There are 24 quick searches