For more information regarding the value of a property, please contact us for a free consultation.
Key Details
Sold Price $648,000
Property Type Multi-Family
Listing Status Sold
Purchase Type For Sale
Subdivision North West Lmpc(49)
MLS Listing ID NS21171120
Sold Date 10/22/21
HOA Y/N No
Year Built 1941
Lot Size 10,454 Sqft
Property Description
Great investment opportunity-3 homes on one parcel! This is your chance to own three well maintained detached homes on one lot located in Lompoc’s older desirable neighborhood. The property has a 4 bed 2 bath home, a 2 bed 1 bath home, and a studio house. All units have long term tenants who would love to remain in the property-as these detached homes are in walking distance of schools, shopping and restaurants. The current gross annual income is $45,600 which has the potential of being more. Please don’t hesitate and check out this rare investment opportunity as three homes on one lot in Lompoc’s desirable older neighborhood rarely come available. I would add this property is located in a designated opportunity zone that provides significant tax benefits (google opportunitydb.com/guide/). Please do not disturb tenants as you must have an appointment to view property.
Location
State CA
County Santa Barbara
Area Lomp - Lompoc
Interior
Heating Forced Air, Wall Furnace
Cooling None
Fireplaces Type Family Room
Fireplace Yes
Laundry Inside
Exterior
Garage Door-Single, Driveway, Garage
Garage Spaces 1.0
Garage Description 1.0
Pool None
Community Features Curbs, Foothills, Park
Total Parking Spaces 1
Private Pool No
Building
Lot Description Corner Lot
Sewer Public Sewer
Water Public
New Construction No
Others
Senior Community No
Tax ID 091072002
Acceptable Financing 1031 Exchange, Submit
Listing Terms 1031 Exchange, Submit
Financing Conventional
Special Listing Condition Standard
Read Less Info
Want to know what your home might be worth? Contact us for a FREE valuation!
Our team is ready to help you sell your home for the highest possible price ASAP
Bought with Francis Hain • Hain & Associates