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$ 2,300,000
Est. payment /mo
Active
310 S H ST Lompoc, CA 93436
8,712 Sqft Lot
UPDATED:
12/05/2024 05:12 AM
Key Details
Property Type Multi-Family
Listing Status Active
Purchase Type For Sale
MLS Listing ID V1-26447
HOA Y/N No
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 5.46% 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 Lomp - Lompoc
Interior
Cooling None
Fireplaces Type None
Fireplace No
Appliance Built-In Range, Convection Oven, Refrigerator
Laundry Common Area
Exterior
Pool None
Community Features Suburban
View Y/N No
View None
Roof Type Flat
Total Parking Spaces 8
Private Pool No
Building
Story Two
Entry Level Two
Level or Stories Two
Others
Senior Community No
Tax ID 085232015
Acceptable Financing Cash, Cash to New Loan, 1031 Exchange
Listing Terms Cash, Cash to New Loan, 1031 Exchange
Special Listing Condition Standard
Listed by Steven Golis • Radius Group Commercial RE • sgolis@radiusgroup.com