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    121 N N Street

    Lompoc, CA 93436
    • $1,250,000
    • STATUS: Active Under Contract
    • ON SITE: 43 days
    • ID#: PI21133029
    Under Contract
    UPDATED: 22 min ago
    $1,250,000
    • 0
      BEDS
    • 0.24
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    Neighborhood:
    Type:
    Multi-Family
    Built:
    2006
    County:

    School Ratings & Info

    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 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.

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    Based on information from California Regional Multiple Listing Service, Inc. as of 2021-08-01T07:28:23.83. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or Twiss Realty. Licensed in the State of California, USA.
    www.twissrealty.com/homes/118498455
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    121 N N Street Lompoc, CA 93436

    • Price: $1,250,000
    • Status: Active Under Contract
    • Updated: 22 min ago
    • ID#: PI21133029
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.24
    Acres
    2006
    Built
    Neighborhood:
    North West Lmpc(49)
    County:
    Santa Barbara
    Area:
    LOMP - Lompoc
    Property 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 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.
    Exterior Features

    Lot Features Front YardLawnLevelSprinkler System Number Of Separate Electric Meters 5 Open Parking Spaces 2 Parking Features Converted GarageDriveway Parking Total 10 Pool Features None Pool Private YN No Property Attached YN Yes Roof Composition

    Interior Features

    Common Walls 2+ Common Walls Cooling None Cooling YN No Fireplace Features Living Room Fireplace YN Yes Heating Forced Air Heating YN Yes

    Property Features

    Additional Parcels YN No Common Interest None Community Features Suburban Electric Expense 0 Fuel Expense 0 Garage YN Yes Gross Income 4800 Gross Scheduled Income 73200 Insurance Expense 1680 Land Lease YN No Laundry Features Common AreaIn Garage Levels OneTwo Listing Agreement Exclusive Right To Sell Listing Service Full Service Listing Terms CashConventionalFhaVa Loan Net Operating Income 66840 New Construction YN No Number Of Separate Gas Meters 5 Number Of Separate Water Meters 5 Operating Expense 6360 Rent Control YN No Senior Community YN No Sewer Public Sewer Special Listing Conditions Standard Tenant Pays All Utilities Trash Expense 0 Water Sewer Expense 2760 Water Source Public

    Listing provided courtesy of Katheryn Cope of Century 21 Hometown Realty


    Based on information from California Regional Multiple Listing Service, Inc. as of 2021-08-01T07:28:23.83. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or Twiss Realty. Licensed in the State of California, USA.
     
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