Homes for sale - 310 S H ST, Lompoc, CA 93436

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David Burchell

david@burchellhometeam.com +1(559) 234-2579

$2,300,000

Est. payment - /mo

8,712 Sqft Lot

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UPDATED:

10/26/2024 12:09 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

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Listed by Steven Golis • Radius Group Commercial RE • sgolis@radiusgroup.com

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David Burchell

+1(559) 234-2579

Team Leader & Realtor | License ID: #02033130

Team Leader & Realtor License ID: #02033130

310 S H ST Lompoc, CA 93436

David Burchell

David Burchell

Key Details

Location

Interior

Exterior

Building

Others

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