$985,000
$975,000
1.0%For more information regarding the value of a property, please contact us for a free consultation.
3 Beds
SOLD DATE : 04/26/2024
Key Details
Sold Price $985,000
Property Type Multi-Family
Sub Type Res Income 2-4 Units
Listing Status Sold
Purchase Type For Sale
Subdivision North West Lmpc(49)
MLS Listing ID PI24037096
Sold Date 04/26/24
Bedrooms 3
Property Sub-Type Res Income 2-4 Units
Property Description
Garden style apartments located near Old Towne Lompoc and close to shopping, restaurants, and Ryon Park. Good unit mix with (4) 2Bed/1Bath and (2) 1Bed/1Bath units. Property has laundry room and off-street parking in the rear of the building. ONLY $162,500 PER UNIT. Good upside in rents. Cap Rate of 5.1% on Actuals and 8.1% Proforma.
Location
State CA
County Santa Barbara
Zoning Other
Direction Travel west on Hwy 246 from Buellton. Hwy 246 becomes Hwy 1 and Ocean Ave. Property is on your right, 0.4 mile past H St (main i
Interior
Fireplace No
Exterior
View Y/N No
Roof Type Composition
Building
Story 2
Level or Stories 2
Others
Acceptable Financing Cash
Listing Terms Cash
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Bought with Andrew Adler Century 21 Real Estate Alliance