310 S H Street, Lompoc CA, 93436

Active

310 S H Street

Lompoc CA, 93436

$2,300,000

Active

Residential

Built in 1959

Listed by Steven Golis with Radius Group Commercial RE [email protected]

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!

V1-26447

MLSⓇ ID

October 25, 2024

Listed

October 26, 2024

Updated

Map

310 S H Street
Lompoc CA, 93436

Interior Features

Total Stories: 2
Appliances: Built-In Range, Convection Oven, Refrigerator
Laundry Description: Common Area
Fireplace: No
Fireplace Description: None
Cooling: No
Cooling Description: None
Heating: Yes

Exterior/Building Features

Lot Size: 0.2 Acres
Roof: Flat

Other Property Details

Area Name: LOMP - Lompoc
Garage: No
Parking Total: 8
View: No
View Description: None
County: Santa Barbara
Pool: No
Pool Features: None

Listing Contact: (805) 965-5500

Based on information from the California Regional Multiple Listing Service (CRMLS) as of 10/26/2024. 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, the 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. Property locations as displayed on any map are best approximations only and exact locations should be independently verified. Any offer of compensation is made only to participants of the MLS where the listing is filed.

Data last updated on 10/26/2024 at 11:17 AM UTC