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507 W Ocean Avenue

Lompoc, CA 93436
  • $1,225,000
  • STATUS: Active
  • ON SITE: 44 Days
  • ID#: PI21197025
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:

School Ratings & Info

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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Based on information from California Regional Multiple Listing Service, Inc. as of 2021-10-24T17:26:27.37. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or Keller Williams Realty. Licensed in the State of California, USA.
www.therealestategirl.com/homes/121292230
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507 W Ocean Avenue Lompoc, CA 93436

  • Price: $1,225,000
  • Status: Active
  • Updated: 57 min ago
  • ID#: PI21197025
0
Beds
0
Baths
0
½ Baths
0.32
Acres
1952
Built
Neighborhood:
South West Lmpc(54)
County:
Santa Barbara
Area:
LOMP - Lompoc
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

Construction Materials Stucco Foundation Details Slab Lot Features LevelNear Public Transit Number Of Separate Electric Meters 6 Open Parking Spaces 10 Parking Features On SitePavedUncovered Parking Total 10 Pool Features None Pool Private YN No Property Attached YN Yes Road Frontage Type City Street Road Surface Type Alley PavedPaved

Interior Features

Common Walls 2+ Common Walls Cooling None Cooling YN No Heating Natural GasWall Furnace Heating YN Yes

Property Features

Additional Parcels YN No Cap Rate 5 Common Interest None Community Features Sidewalks Electric Expense 0 Fuel Expense 0 Garage YN No Gross Income 93600 Gross Scheduled Income 93600 Insurance Expense 1344 Land Lease YN No Laundry Features None Levels One Listing Agreement Exclusive Right To Sell Listing Service Full Service Listing Terms CashCash To New Loan Net Operating Income 61300 New Construction YN No Number Of Separate Gas Meters 6 Number Of Separate Water Meters 1 Operating Expense 29492 Rent Control YN Yes Senior Community YN No Sewer Public Sewer Special Listing Conditions Standard Tenant Pays ElectricityGas Trash Expense 0 Water Sewer Expense 1920 Water Source Public

Listing provided courtesy of Steven Battaglia of Steven Battaglia, Broker


Based on information from California Regional Multiple Listing Service, Inc. as of 2021-10-24T17:26:27.37. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or Keller Williams Realty. Licensed in the State of California, USA.
 
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