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Sold on 01/05/2024
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324 N L St, Lompoc, CA 93436

$1,520,000

Last sold 01/05/2024 after 142 Days

  • —

    bed

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    bath

Multi-family not for sale
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About 324 N L St

Property type Multi-family
Year built 1993
HOA fee $0/month
Lot size 0.48 Acre
Rental estimate
Property description
Three (3) single story fourplexes on 2 parcels with all 1Bed/1Bath units, each featuring a private rear patio. Units are separately metered for electricity and gas, and each building has its own water meter. 12 uncovered parking spaces at rear of property. Most tenants are long term, and all rental agreements are month to month. Larger parcel may be of sufficient size to split so that each building resides on a separate lot. Check with your architect and/or the City to confirm parcel eligibility for lot split/merger.
Listed by
Listing Agent - Steven Battaglia
Listing Agent Contact: 8056806431
Listing Office - Steven Battaglia, Broker
Source: CRMLS mls logo
MLS#PI23152434 • last updated 2 years ago
Movoto checked CRMLS for data 3 minutes ago
Overview
Levels/Style One
Type Residential Income
SubType Quadruplex
Status Closed
Lot Size (Acres) 0.48
Lot Size (SqFt) 20909
Year Built 1993
Interior
Laundry Common Area
Exterior
Foundation Raised
Building Area Square Feet, 1
Roof Composition
# Uncovered Spaces 12
# Parking Spaces 12
Lot Description 11-15 Units/Acre, Level
Amenities / Utilities
Sewer/ Septic Public Sewer
Water Source Public
Pool None
Location
County Santa Barbara
Community Features Sidewalks, Street Lights
Subdivision North West Lmpc(49), North West Lmpc(49)
Neighborhood Northwest
Directions From Ocean Ave, Turn North On L Street, Property Will Be On Your Right.
APN 91021013
Multifamily Details
Expense: Trash 1000
Laundry Income 1260
Operating Expense 57412
Cap Rate 4.24
Expense: Insurance 4500
Total Expenses 57412
Expense: Water/ Sewer 4856
Gross Income 135660
Gross Multiplier 12.9
Gross Scheduled Income 135660
Expense: Fuel 588
Rental est.: $1,753/month
Gross rent multiplier: 72.3
  • Jan 2024
    mls logo MLS # PI23152434
  • Jan 8, 2024 Sold
    $1,520,000
  • Dec 26, 2023 Pending
    —
  • Sep 11, 2023 Active
    —
  • Aug 16, 2023 Listed
    $1,750,000 (+1235.9%)
  • Jan 2024
    Public Records
  • Jan 5, 2024 Sold
    $1,520,000 (-13.1%)
  • Nov 2001
    Public Records
  • Nov 13, 2001 Sold
    $131,000
  • Year Property taxes Tax assessment
  • 2024
    $4,117 +0.5%
    $1,033,600 +191.18%
  • 2023
    $4,097 +1.3%
    $354,965 +2.0%
  • 2022
    $4,043 -1.0%
    $348,006 +2.0%
  • 2021
    $4,084 +1.1%
    $341,183 +1.04%
  • 2020
    $4,040
    $337,685
  • 324 N L St
    $1.52M
  • —
  • 93436
    $657K 0% y/y
  • Lompoc
    $649K -1% y/y
No chart available
Statistics calculated by Movoto

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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 11/3/2026. 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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