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$2,300,000
Est. payment /mo
10 BD
4,830 SqFt
New
310 S H Street Lompoc, CA 93436
UPDATED:
10/25/2024 08:39 PM
Key Details
Property Type Multi-Family
Sub Type Multi-Family
Listing Status Active
Purchase Type For Sale
Square Footage 4,830 sqft
Price per Sqft $476
MLS Listing ID 24002083
Bedrooms 10
Year Built 1959
Lot Size 8,712 Sqft
Property Description
310 South H St (Parkway Pines) is located in a prime area of Lompoc, just south of Ocean Avenue on the central street of South H, and is a fully renovated, turn-key, cash-flowing asset. This 8-unit multifamily property has undergone comprehensive upgrades in the past couple of years, making it an exceptional investment opportunity. Each unit features brand-new luxury vinyl plank (LVP) flooring, stainless steel refrigerators and stoves, new plex and water lines, modern wall heaters with thermostat controls, and tankless water heaters for maximum efficiency. The property includes a desirable unit mix of (6) 1BD/1BA units and (2) 2BD/1BA units, with off-street parking for eight vehicles. With a strong current CAP rate, 310 South H Street is the definition of a low-maintenance, high-yield investment in a sought-after area, providing stable returns and long-term growth opportunities.Contact Listing Agents for more information!
Location
State CA
County Santa Barbara
Area 60 - Lompoc
Interior
Heating Other Heat
Cooling None
Exterior
Garage 6 - 10
Roof Type Flat
Building
Foundation Concrete Block, Raised
Others
Acceptable Financing Cash, Exchange, New Loan
Listing Terms Cash, Exchange, New Loan
Listed by Steve Golis • Radius Commercial RE
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