1001-1021 E Cypress Avenue, Lompoc (93436)
$10,445,000
0 
0
52,608
PROPERTY DETAILS
| Address: |
view address Lompoc, CA 93436 Map Location |
Features: | Multi-level |
|---|---|---|---|
| Square Feet: | 52,608 sq.ft. | Lot Size: | 1.90 acres |
| Year Built: | 2000 | Property Type: | Multi Family |
| Neighborhood: | Lompoc | County: | Santa Barbara |
| Listing Number: | 24-1159 | Listed By: | Hayes Commercial Group |
PROPERTY DESCRIPTION
Unique opportunity to acquire 60 units in two contiguous multifamily properties located at 1001 E Cypress Ave (''Bahia La Paz'') & 1021 E Cypress Ave (''Kimi East'') situated on the Central Coast in the City of Lompoc. Both buildings are garden-style courtyard communities that have been well maintained by the owner which have an excellent unit mix of 40 x 2BD/1BA units & 20 x 1BD/1BA units, ample onsite parking, multiple onsite laundry facilities, large-functional unit layouts, & an ideal location in the Lompoc Valley. Current rents are 25-35% under market providing for upside through annual rent increases under AB 1482 & by moving rents to market during turnovers. Lompoc is a thriving City providing housing for Vandenburg Space Force Base & the Santa Maria/Santa Ynez valleys.
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Interior
| Laundry Room: | Yes |
Exterior
| Living Square Feet: | 52,608.00 | Parking Spaces: | 79.00 |
Property and Lot Details
| Elementary School: | Other | High School: | Other |
| Lot Acres: | 1.90 | Lot Sqft: | 82,764.00 |
| Lot Zoned: | Other | Middle School: | Other |
| Subdivision: | Lompoc | Transaction Type: | Sale |
Community information and market data Powered by Onboard Informatics. Copyright ©2024 Onboard Informatics. Information is deemed reliable but not guaranteed.
This information is provided for general informational purposes only and should not be relied on in making any home-buying decisions. School information does not guarantee enrollment. Contact a local real estate professional or the school district(s) for current information on schools. This information is not intended for use in determining a person’s eligibility to attend a school or to use or benefit from other city, town or local services.
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Community information and market data Powered by Onboard Informatics. Copyright ©2024 Onboard Informatics. Information is deemed reliable but not guaranteed.
This information is provided for general informational purposes only and should not be relied on in making any home-buying decisions. School information does not guarantee enrollment. Contact a local real estate professional or the school district(s) for current information on schools. This information is not intended for use in determining a person’s eligibility to attend a school or to use or benefit from other city, town or local services.
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Community information and market data Powered by Onboard Informatics. Copyright ©2024 Onboard Informatics. Information is deemed reliable but not guaranteed.
This information is provided for general informational purposes only and should not be relied on in making any home-buying decisions. School information does not guarantee enrollment. Contact a local real estate professional or the school district(s) for current information on schools. This information is not intended for use in determining a person’s eligibility to attend a school or to use or benefit from other city, town or local services.
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