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725 729,733 N E Street

Lompoc, CA 93436

– beds
– baths
– sqft
~1/2 acre lot
1965 build
– on site

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Three six-unit apartment buildings on separate legal lots located in Lompoc, CA. Each apartment building is two stories and feature 3 downstairs units with private patios and 3 upstairs units. Each building also includes one laundry room and 6 off street parking spaces accessible from the rear alley. All units consist of identical 2BD/1BA units totaling approximately 751 SF each. Most units have been updated over the past seven years and include granite or quartz countertops in the kitchens, tile floors in the bathrooms and kitchens, and tile or wood-like laminate flooring in the living room/hallways/bedrooms. The subject property is subject to a City of Lompoc very low-income affordability covenant. The covenant allows for a maximum rent (currently) of $1,016 per month. This figure changes upward or downward depending upon changes to the median income and changes to the utility allowance. The covenant governing the operation of the subject expires on May 1, 2037 (in 15 years).

Listed By CRMLS_CA / Steven Battaglia / Steven Battaglia, Broker

Last checked: Checking… • Last updated Aug 16, 2023 •

MLS# PI23088453 —

The Building

Year Built:

1965
Year Built Source:

Estimated
New Construction:

No
Building Area Total:

13518.00
Building Area Units:

Square Feet
Total Number Of Units:

18
# of Buildings:

3
Foundation:

Slab
Stories Total:

2
Entry Level:

1
Common Walls:

2+ Common Walls
# of Separate Gas Meters:

18
# of Separate Water Meters:

3
# of Separate Electric Meters:

18

Interior

Entry Location:

streetside
Laundry:

Common Area, Individual Room
Laundry:

1

Location

Directions:

From H St (Hwy 1, Cabrillo Hwy), turn east onto E Pine Ave, then turn right onto N E St. Property is on your right.
Latitude:

34.64957400
Longitude:

-120.45429100

The Property

Property Type:

Residential Income
Subtype:

Apartment
Lot Features:

Lot 20000-39999 Sqft
Lot Size Area:

20910.0000
Lot Size Acres:

0.4800
Lot Size SqFt:

20910.00
Lot Size Source:

Public Records
Property Attached:

1
Additional Parcels:

Yes
Additional Parcels Description:

087101003,087101004
Land Lease:

No

Listing Agent

Contact info:

Taxes

Tax Census Tract:

27.06
Tax Lot:

8

The Listing

Special Listing Conditions:

Standard
Parcel Number:

087101005

Heating & Cooling

Heating:

1
Heating:

Wall Furnace
Cooling:

No
Cooling:

None

Utilities

Sewer:

Public Sewer
Water Source:

Public

The Community

Subdivision:

North East Lmpc(47)
Subdivision:

North East Lmpc(47)
Features:

Sidewalks
Pool:

None
Senior Community:

No
Private Pool:

No

Parking

Parking:

Yes
Parking:

Off Street
Parking Spaces:

18.00
Uncovered Spaces:

18.00

Extra Units

Average 2 Bed Area:

751
Number With Refrigerator:

18

Explore the Area

My Commute

From

Walk Score®

Provided by WalkScore® Inc.

Soundscore™

Provided by HowLoud

Sale history

Date	Event	Source	Price	% Change
8/15/23 Aug 15, 2023	Sold	CRMLS_CA	$2,145,000	-6.5%
6/7/23 Jun 7, 2023	Sold Subject To Contingencies	CRMLS_CA	$2,295,000
5/22/23 May 22, 2023	Listed / Active	CRMLS_CA	$2,295,000

Multifamily Sold on 8/15/2023

$2,145,000

Listing provided by broker:

Steven Battaglia

Steven Battaglia, Broker

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Listing Courtesy of: CRMLS_CA and Steven Battaglia, Broker. Based on information from California Regional Multiple Listing Service, Inc. as of 11:02 on May 11.

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 usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.

725 729,733 N E Street

Lompoc, CA 93436