Three six-unit apartment buildings on separate legal lots located in Lompoc, CA. Each apartment building is two stories and feature 3 downstairs units with private patios and 3 upstairs units. Each building also includes one laundry room and 6 off street parking spaces accessible from the rear alley. All units consist of identical 2BD/1BA units totaling approximately 751 SF each. Most units have been updated over the past seven years and include granite or quartz countertops in the kitchens, tile floors in the bathrooms and kitchens, and tile or wood-like laminate flooring in the living room/hallways/bedrooms. The subject property is subject to a City of Lompoc very low-income affordability covenant. The covenant allows for a maximum rent (currently) of $1,016 per month. This figure changes upward or downward depending upon changes to the median income and changes to the utility allowance. The covenant governing the operation of the subject expires on May 1, 2037 (in 15 years).
MLS #
CRPI23088453
MLS Source
California Regional MLS
Cooling
None
Heating
Wall Furnace
Foundation
Slab
Garage/Parking
Off-Street Parking, Garage: 0 Car(s)
Listing Agent
Steven Battaglia
Steven Battaglia, Broker
License #: 01318215
Phone: (805) 688-5333
Co-Listing Agent
Christos Celmayster
License #: 01342996
Phone: (805) 563-2111
| # Buildings | # Leased Units | # Total Units |
|---|---|---|
| 3 | – | – |
725 729,733 N E St is a Residential Income in Lompoc, CA 93436. This – square foot property sits on a 20,910 Sq Ft Lot and features – bedrooms & – full bathrooms. It is currently priced at $2,145,000 and was built in 1965. This address can also be written as 725 729,733 N E St, Lompoc, CA 93436.
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This listing information is up-to-date as of December 21, 2024. For the most current information, please contact Steven Battaglia, (805) 688-5333