621 West Ocean Avenue

Lompoc, CA 93436

$975,000
Price
Beds
Sq. Ft.
/ Sq. Ft.
Sq. Ft.
per Sq. Ft.

Description

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.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.
  1. Listed by Steven Battaglia • DRE #01318215 • Battaglia Commercial Real Esta

Property Details for 621 West Ocean Avenue

Zoning
Other
Cross Street
N N St
Recurring Fees
No

Location

Listing Courtesy of Battaglia Commercial Real Esta, Steven Battaglia, DRE #01318215
Add your commute
LISTING UPDATED: 04/03/2024 11:28 AM

Property Details for 621 West Ocean Avenue

StatusPending
MLS #24-567
Days on Market3
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income
Year Built-
CountySanta Barbara County

Location

Listing Courtesy of Battaglia Commercial Real Esta, Steven Battaglia, DRE #01318215
Add your commute

Building Information for 621 West Ocean Avenue

Building/Complex621 W Ocean AveFloor-Stories-Residences6Pet Policy-Year Built-Building Size-

Payment Calculator

$5,734 per month

30 year fixed, 7.25% Interest

Principal and Interest

$5,321

Property Taxes

$413

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 621 West Ocean Avenue

Details
Features
  • District: 55 - LOMPOC
  • Property Type: B
  • Property Sub Type: Apartment
  • Laundry: Laundry Room
  • Roof: Composition, Shingle
Parking/Garage
  • Parking Info: Uncovered
  • Total Carport Spaces: 0
Location Info
Location Info
  • Tax Parcel Number: 091-072-014
  • LotLocation: Near Bus, Near Park(s)
  • City: LOMPOC
  • County: Santa Barbara
  • Postal Code: 93436
Neighborhood/Schools
  • Elementary School: Other
  • High School: Other
  • Junior High School: Other
Property / Assessor Information
Property / Assessor Info
  • Nbr of Acres: 0
  • Foundation: Slab
  • Reports Available: NHD, Pest Inspection, Prelim
  • Realtorcom Type: Multi-Family
  • Total # Units: 6
Utility Info
  • Meters Sep Meter Elec: Y
  • Meters Sep Meter Gas: Yes
Income / Expense Info
Income / Expense Info
  • Electric Expense: $1
  • Trash Expense: $1
Unit Info
Unit 1 Info
  • Unit 1Furnished: N
  • Unit 1Num Of Baths: 1
  • Unit 1Num Of Bedrooms: 2
  • Unit 1Num Of Half Baths: 0
  • Unit 1Num Of Units: 4
  • Unit 1Monthly Total: $4,840
  • Unit 1Rent: $1,210
Unit 2 Info
  • Unit 2Num Of Baths: 1
  • Unit 2Num Of Bedrooms: 1
  • Unit 2Num Of Units: 2
  • Unit 2Monthly Total: $2,610
  • Unit 2Rent: $1,305
Contract Info
Contract Info
  • Deposit: 25000
  • List Price: $975,000.00
  • Terms: Cash, Ctnl
  • Contract Date: 02-25-2024
  • Canceled Date: 02-26-2024
  • Status: Pending
  • Active Date: 02-22-2024
  • Expiration Date: 06-30-2024

Property History for 621 West Ocean Avenue

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

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

Public Records for 621 West Ocean Avenue

Taxable ValueLand$96,577Additions$338,034Total$434,611
Tax Record2023$4,958 ($413 / month)
Home Facts
Lot Size6,969 SqFtStyleMulti-Family Res (5+ Units)CountySANTA BARBARAAPN091-072-014

Schools near 621 West Ocean Avenue

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
Public - 7 to 12
Rating
School
Distance
Miguelito Elementary School
PublicK to 6

Lompoc Valley Middle School
Public7 to 8

Lompoc High School
Public9 to 12

Dr Bob Forinash Community Day
Public7 to 12

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 Battaglia Commercial Real Esta, Steven Battaglia, DRE #01318215

Based on information from one of the following Multiple Listing Services: Santa Barbara 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 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.