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Sold on 10/22/2021
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137 N M St, Lompoc, CA 93436

$770,700

Last sold 10/22/2021 for $648K

  • —

    bed

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    bath

Multi-family not for sale

About 137 N M St

Property type Multi-family
Year built 1941
HOA fee $0/month
Lot size 10,454 Sqft
Movoto estimate
Parking 1 garage spaces
Rental estimate
Property description
Great investment opportunity-3 homes on one parcel! This is your chance to own three well maintained detached homes on one lot located in Lompoc’s older desirable neighborhood. The property has a 4 bed 2 bath home, a 2 bed 1 bath home, and a studio house. All units have long term tenants who would love to remain in the property-as these detached homes are in walking distance of schools, shopping and restaurants. The current gross annual income is $45,600 which has the potential of being more. Please don’t hesitate and check out this rare investment opportunity as three homes on one lot in Lompoc’s desirable older neighborhood rarely come available. I would add this property is located in a designated opportunity zone that provides significant tax benefits (google opportunitydb.com/guide/). Please do not disturb tenants as you must have an appointment to view property.
Listed by
Listing Agent - Francis Hain
Listing Office - Hain & Associates
Source: CRMLS mls logo
MLS#NS21171120 • last updated 5 years ago
Movoto checked CRMLS for data 4 minutes ago
Overview
Type Residential Income
Status Closed
Lot Size (Acres) 0.24
Lot Size (SqFt) 10454
Year Built 1941
Interior
Laundry Inside
Exterior
Building Area Square Feet, 2837
Parking Driveway, Garage - Single Door
# Parking Spaces 1
# Garage Spaces 1
Lot Description Corner Lot, Lot 10000-19999 Sqft
Amenities / Utilities
Fireplaces Family Room
Sewer/ Septic Public Sewer
Water Source Public
Pool None
Location
County Santa Barbara
Community Features Curbs, Foothills, Park
Subdivision North West Lmpc(49), North West Lmpc(49)
Directions Go South On H Street, West On Walnut Avenue. Property Is On Corner Of Walnut And M.
APN 91072002
Multifamily Details
Tenant Pays All Utilities
Gross Income 45600
Gross Scheduled Income 45600
$770K
Range: $691K-$849K
Last 30 days 
Rental est.: $1,713/month
Gross rent multiplier: 31.5
  • Oct 2021
    Public Records
  • Oct 22, 2021 Sold
    $648,000
  • Oct 2021
    mls logo MLS # NS21171120
  • Oct 22, 2021 Sold
    $648,000 (+3.0%)
  • Aug 30, 2021 Pending
    —
  • Aug 14, 2021 Listed
    —
  • Aug 10, 2021 Pending
    —
  • Aug 5, 2021 Listed
    $629,000 (+146.7%)
  • Jan 2001
    Public Records
  • Jan 22, 2001 Sold
    $255,000
  • Year Property taxes Tax assessment
  • 2024
    $7,470 +0.4%
    $687,661 +4.04%
  • 2023
    $7,438 +1.3%
    $660,960
  • 2022
    $7,343 +78.7%
    $660,960 +89.17%
  • 2021
    $4,109 +1.1%
    $349,398
  • 2020
    $4,065 +1.7%
    $349,398 +1.04%
  • 2019
    $3,998 +1.6%
    $345,817 +2.0%
  • 2018
    $3,937 +1.9%
    $339,037 +2.0%
  • 2017
    $3,865 +1.8%
    $332,390 +2.0%
  • 2016
    $3,796 +0.7%
    $325,873
  • 2015
    $3,768
    —
  • 137 N M St
    $648K
  • —
  • 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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  • Real Estate
  • CA
  • Santa Barbara County
  • Lompoc
  • 93436
  • 137 N M St
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