Lompoc, CA 93436,725 729,733 N E ST
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Lompoc, CA 93436,725 729,733 N E ST
Lompoc, CA 93436,725 729,733 N E ST
Lompoc, CA 93436,725 729,733 N E ST
Lompoc, CA 93436,725 729,733 N E ST

$2,145,000

Est. payment /mo

$2,295,000

6.5%
Est.Price: ?

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725 729, 733 N E ST Lompoc, CA 93436

0.48 Acres Lot

SOLD DATE : 08/15/2023

Key Details

Sold Price $2,145,000

Property Type Condo

Sub Type Apartment

Listing Status Sold

Purchase Type For Sale

Subdivision North East Lmpc(47)

MLS Listing ID PI23088453

Sold Date 08/15/23

HOA Y/N No

Year Built 1965

Lot Size 0.480 Acres

Property Description

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).

Location

State CA

County Santa Barbara

Area Lomp - Lompoc

Interior

Heating Wall Furnace

Cooling None

Fireplace No

Laundry Common Area, Laundry Room

Exterior

Parking Features Off Street

Pool None

Community Features Sidewalks

Total Parking Spaces 18

Private Pool No

Building

Story 2

Foundation Slab

Sewer Public Sewer

Water Public

New Construction No

Others

Senior Community No

Tax ID 087101005

Acceptable Financing Cash, Cash to New Loan

Listing Terms Cash, Cash to New Loan

Financing Cash to Loan

Special Listing Condition Standard

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California Regional MLS (CRMLS)
Listed by Steven Battaglia • Steven Battaglia, Broker
Bought with Adrian Berari • Adrian Berari, Broker

John Vogel

Real Estate Advisor | License ID: DRE 01445571

+1(760) 712-2437

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