121 N N St

5,063 Sq. Ft.
$221 / Sq. Ft.
5,063
Sq. Ft.
$221
per Sq. Ft.

Description

Incredible opportunity to own a high yielding multi-family property without needing commercial financing. This 4-unit complex is currently earning a $73,200 gross annual income (rents are lower than current market value). The front house is a 2-bedroom, 1 bath home with an attached 2-car garage. The home has been remodeled and impeccably cared for. The rear tri-plex was just built in 2005. Each unit is a 3-bedroom, 2.5-bathroom home with an attached 2-car garage. There is shared laundry on-site for...Incredible opportunity to own a high yielding multi-family property without needing commercial financing. This 4-unit complex is currently earning a $73,200 gross annual income (rents are lower than current market value). The front house is a 2-bedroom, 1 bath home with an attached 2-car garage. The home has been remodeled and impeccably cared for. The rear tri-plex was just built in 2005. Each unit is a 3-bedroom, 2.5-bathroom home with an attached 2-car garage. There is shared laundry on-site for the tri-plex and the front house has washer/dryer hook-ups in the garage. This stunning property is owned by the family of a local, very reputable contractor! The owners built the tri-plex, garage for the front house and remodeled the front home. The quality and care shine in every aspect of this 4-unit property. Absolutely turn-key and ready for an investor or owner occupant that wants to make additional income. Contact your realtor today as this will not last on the market.
  1. Listed by Katy Cope • DRE #01763834 • Century 21 Hometown Realty
    P: (805)-717-0698 Katy@KatyCope.com

Amenities

  • Patio
  • Garage
  • Fireplace
  • Forced Air
  • Parking Included
  • Laundry
LISTING UPDATED: 09/30/2024 08:55 PM

Property Details for 121 North N Street

StatusClosed
MLS #21001439
Days on Market90
Taxes-
HOA Fees-
Condo/Co-op Fees-
Property TypeMulti Family
MLS TypeResidential Income / Multi Family
Year Built1923
Lot Size0.24 AC / 10,454 SF
CountySanta Barbara County

Location

Listing Courtesy of Century 21 Hometown Realty, Katy Cope, DRE #01763834

Sold By Unknown Office, Default Non Member, DRE #nonmember

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Building Information for 121 North N Street

Stories-Residences5Year Built1923Building Size-Lot Size0.24 AC / 10,454 SF

Payment Calculator

$6,774 per month

30 year fixed, 6.46% Interest

Principal and Interest

$5,640

Property Taxes

$1,134

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

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Property Information for 121 North N Street

Summary
Location and General Information
  • MLSArea Major: 60 - Lompoc
  • Latitude: 34.639928
  • Longitude: -120.465838
  • MLSArea Minor: 60 - Lompoc
Taxes and HOA
  • Association Fee: $0
  • Parcel Number: 091-071-005
Parking
  • Parking Features: Garage, Street, Other
  • Parking: Street, Garage, Other
Virtual Tour
Property
Lot Information
  • Other Structures: Other
  • Lot Size Source: Tax Records
  • Lot Size Square Feet: 10454.0
  • Lot Size Acres: 0.24
  • Building Area Source: Owner
  • Building Area Total: 5063.0
  • Lot Size Area: 0.24
  • Lot Size Units: Acres
Property and Assessments
  • Reports Available: None
  • Owner Phone: 805-717-0698
  • Possession: Subject To Tenant Rights
  • Floor Plans Count: 0
  • Property Type: B
  • Year Built: 1923
  • Property Sub Type: Multi Family
Utilities
  • Water Source: Public
  • Sewer: Public Sewer
  • Electric: True
  • Water: Public
  • Separate Meters: Electric, Gas, Water
Multi Family
Income & Expenses
  • Operating Expense Includes: Maintenance
  • Operating Expense: Maintenance
  • Income Source: Other, Projected
Multi Family Information
  • Number Of Units Total: 5
Interior and Exterior Features
Exterior Features
  • Construction Materials: Stucco
  • Roof: Composition, Flat
  • Foundation Details: Slab, None
  • Concessions: No
  • Patio And Porch Features: Patio
  • Exterior: Stucco
  • Exterior Features: Patio, Yard Sprinklers
  • Roof Description: Composition, Flat
  • Additional Buildings: Other
Interior Features
  • Laundry Features: Common
  • Cooling: None
  • Heating: Forced Air
  • Bathrooms Total Integer: 10
  • Bathrooms Total Decimal: 8.5
  • Bathrooms Total Notational: 7.3
  • Cooling YN: No
  • Heating YN: Yes
  • Bedrooms Total: 11
  • Bathrooms Full: 7
  • Bathrooms Half: 3
  • Foundation: Slab
  • Laundry: Common, Washer/Dryer Hookup
  • Additional Heating: Forced Air
  • Air Conditioning: None
Rental
Rent Information
  • Occupant Name: Tenant
  • Tenant Pays: Electricity, Gas, Water, Other
  • Owner Pays: Other
  • Tenant Pays: Electricity, Gas, Water, Other
  • Landlord Pays: Other

Property History for 121 North N Street

DateEvent & SourcePriceAppreciation
Sep 23, 2021

Sold

NSBCMLS #21001439

—
Sep 23, 2021

Pending

NSBCMLS #21001439

—
Sep 23, 2021

Price Change

CLAW #PI21133029MR

$1,250,000—
DateEvent & SourcePrice
09/23/2021

Sold

NSBCMLS #21001439

—
09/23/2021

Pending

NSBCMLS #21001439

—
09/23/2021

Price Change

CLAW #PI21133029MR

$1,250,000

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 121 North N Street

Taxable ValueLand$318,362Additions$870,190Total$1,188,552
Tax Record2025$13,605 ($1,134 / month)
Home Facts
Total Finished SqFt963 SqFtAbove Grade Finished SqFt963 SqFtStories1Lot Size10,454 SqFtStyleDuplexYear Built1925CountySANTA BARBARAAPN091-071-005Fireplace TypeHas Fireplace

Schools near 121 North N Street

This home is within Lompoc Unified School District.
Rating
School
Type
Grades
Distance
Public - K to 6
Public - 7 to 8
Public - 9 to 12
Charter - K to 6
Rating
School
Distance
Miguelito Elementary School
PublicK to 6

Lompoc Valley Middle School
Public7 to 8

Lompoc High School
Public9 to 12

Manzanita Public Charter School
CharterK to 6

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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Listing Courtesy of Century 21 Hometown Realty, Katy Cope, DRE #01763834

Based on information from one of the following Multiple Listing Services: Santa Barbara MLS and North Santa Barbara County Regional MLS. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by Santa Barbara MLS and North Santa Barbara County Regional MLS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.