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.
Sold for $985,000 on 04/26/24
$985,000
621 W Ocean Ave, Lompoc, CA 93436
3beds
4,302sqft
Multi Family
Built in 1958
-- sqft lot
$1,016,600 Zestimate®
$229/sqft
$2,453 Estimated rent
What's special
Zillow last checked: 7 hours ago
Listing updated: September 30, 2024 at 03:55pm
Listed by:
Steven R Battaglia DRE#: 01318215 805-688-5333,
Battaglia Commercial RE
Bought with:
Default Non Member
Unknown Office
Source: North Santa Barbara County MLS,MLS#: 24000297

Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 2
- Full bathrooms: 6
Heating
- Natural Gas, Wall Furnace
Cooling
- None
Appliances
- Laundry: Laundry Eq/Leased
Interior area
- Total structure area: 4,302
- Total interior livable area: 4,302 sqft
Property
Lot
- Size: 6,969 sqft
Details
- Parcel number: 091072014
- Zoning description: Multi-Fam R3
- Special conditions: Standard
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Materials
- Foundation: Slab
- Roof: Composition,Shingle
Condition
- Year built: 1958
Community & neighborhood
Location
- Region: Lompoc
Other
Other facts
- Listing terms: Cash,New Loan
Services availability

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$1,016,600
2% more+ $20,332
With Zillow Showcase(estimated)
$1,036,932