310-314 North L St, Lompoc, CA 93436

$1,400,000 Approx. USD 24 beds, 16 baths
9,224 sqft

Agent Remarks

Two well-maintained and contiguous fourplexes constructed in 2003. Each building consists of four 1,153 SF, 3BD/2BA flats with an onsite laundry room and eight parking spaces in a secured lot for the tenants. Current monthly rents average $938/unit and are approximately 33% below market. Market rents should be $1,250. Income, Expenses, Cap Rate and GRM shown are all projected. 7 tenants are month-to-month and only one has a lease with term.

Listing Details

Property type: (Multi-family)
Status: Active
MLS# 1069194
List price is $1,400,000
Beds: 24
Baths: 16 (16 full)
Built in 2003
9,224 sqft
Lot size: 0.4000
Subdivision: North West Lmpc
County: Santa Barbara
Exterior features: Decks,Fenced,Patio,Yard Sprinklers
Parking description: 11-25,Covered,On-Site,Private Lot
Heating description: Wall Furnace
MLS area: Lompoc

Last Updated: 7/21/2016

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Lat/Long: 34.642799, -120.462554.
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Broker: Courtesy of Celmayster & Associates/Hayes Commercial
Listing Agent: James Celmayster

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Total population of , which has changed by % since 1990.
The median age of the population is , while the median age of dwellings is .
Out of households, are families.

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