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Sold on 09/23/2021
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121 N N St, Lompoc, CA 93436

$983,100

Last sold 09/23/2021 for $1.12M

  • —

    bed

  • —

    bath

  • 5,063

    Sqft ($221/Sqft)

Multi-family not for sale
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About 121 N N St

Property type Multi-family
Year built 2006
HOA fee $0/month
Lot size 10,454 Sqft
Movoto estimate
Parking 8 garage spaces
Rental estimate
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.
Listed by
Listing Agent - Katheryn Cope
Listing Office - Century 21 Hometown Realty
Source: CRMLS mls logo
MLS#PI21133029 • last updated 5 years ago
Movoto checked CRMLS for data 3 minutes ago
Overview
Levels/Style One, Two
Virtual Tour N/A
Status Closed
Lot Size (Acres) 0.24
Lot Size (SqFt) 10454
Year Built 2006
Interior
Exterior
Building Area Square Feet, 5063
Roof Composition
Parking Converted Garage, Driveway
# Uncovered Spaces 2
# Parking Spaces 10
# Garage Spaces 8
Lot Description Front Yard, Lawn, Level, Sprinkler System
Amenities / Utilities
Fireplaces Living Room
Sewer/ Septic Public Sewer
Water Source Public
Pool None
Location
County Santa Barbara
Community Features Suburban
Subdivision North West Lmpc(49), North West Lmpc(49)
Directions West Ocean To North N Street
APN 91071005
Multifamily Details
Tenant Pays All Utilities
Operating Expense 6360
Expense: Insurance 1680
Total Expenses 6360
Expense: Water/ Sewer 2760
Gross Income 4800
Gross Scheduled Income 73200
Expense: Gardener 1920
$983K
Range: $881K-$1.08M
Last 30 days 
Rental est.: $1,713/month
Gross rent multiplier: 54.5
  • Sep 2021
    mls logo MLS # 21-2264
  • Sep 23, 2021 Sold
    $1,120,000
  • Jul 8, 2021 Pending
    —
  • Jun 18, 2021 Listed
    $1,250,000
  • Sep 2021
    Public Records
  • Sep 23, 2021 Sold
    $1,120,000
  • Sep 2021
    mls logo MLS # PI21133029
  • Sep 23, 2021 Sold
    $1,120,000 (-10.4%)
  • Sep 10, 2021 Pending
    —
  • Sep 2, 2021 Active
    —
  • Aug 29, 2021 Pending
    —
  • Jul 13, 2021 Active
    —
  • Jun 18, 2021 Price Change
    $1,250,000 (+900.0%)
  • Jun 18, 2021 Listed
    $125,000 (-66.5%)
  • Jun 2004
    Public Records
  • Jun 11, 2004 Sold
    $373,000 (+96.3%)
  • Jan 2002
    Public Records
  • Jan 23, 2002 Sold
    $190,000
  • Year Property taxes Tax assessment
  • 2024
    $12,868 +0.4%
    $1,188,552 +4.04%
  • 2023
    $12,813 +1.3%
    $1,142,400 +2.0%
  • 2022
    $12,651 +29.4%
    $1,120,000
  • 2021
    $9,780 +10.0%
    $1,120,000 +33.65%
  • 2020
    $8,893 +1.7%
    $838,000 +9.97%
  • 2019
    $8,748 +4.6%
    $762,000 +2.01%
  • 2018
    $8,364 +4.8%
    $747,000 +5.06%
  • 2017
    $7,978 +9.8%
    $711,000 +5.02%
  • 2016
    $7,263 +4.1%
    $677,000
  • 2015
    $6,977
    —
  • 121 N N St
    $1.12M
  • —
  • 93436
    $657K 0% y/y
  • Lompoc
    $649K -1% y/y
No chart available
Statistics calculated by Movoto

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5/10
Miguelito Elementary School
public Grades K-6
Lompoc Unified School District
4/10
Lompoc Valley Middle School
public Grades 7-8
Lompoc Unified School District
4/10
Lompoc High School
public Grades 9-12
Lompoc Unified School District
Source: GreatSchools.org © 2026. All rights reserved.

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CRMLS Multiple Listing Service™ system
The real estate listing data marked with this icon comes from the IDX program of the CRMLS Multiple Listing Service™ system.
Based on information from California Regional Multiple Listing Service, Inc. as of 11/12/2026. 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.
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