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Sold on 04/26/2024
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621 W Ocean Ave, Lompoc, CA 93436

$985,000

Last sold 04/26/2024 after 64 Days

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    bed

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    bath

Multi-family not for sale
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About 621 W Ocean Ave

Property type Multi-family
Year built 1958
HOA fee $0/month
Lot size 6,970 Sqft
Rental estimate
Property description
Garden style apartments located near Old Towne Lompoc and close to shopping, restaurants, and Ryon Park. Good unit mix with (4) 2Bed/1Bath and (2) 1Bed/1Bath units. Property has laundry room and off-street parking in the rear of the building. ONLY $162,500 PER UNIT. Good upside in rents. Cap Rate of 5.1% on Actuals and 8.1% Proforma.
Listed by
Listing Agent - Steven Battaglia
Listing Agent Contact: 8056806431
Listing Office - Steven Battaglia, Broker
Source: CRMLS mls logo
MLS#PI24037096 • last updated 2 years ago
Movoto checked CRMLS for data 1 minute ago
Overview
Type Residential Income
SubType Apartment
Status Closed
Lot Size (Acres) 0.16
Lot Size (SqFt) 6970
Year Built 1958
Interior
Laundry Common Area
Exterior
Building Area Square Feet, 4302
Parking Uncovered
# Parking Spaces 5
Lot Description Lawn, Rectangular Lot
Amenities / Utilities
Sewer/ Septic Public Sewer
Water Source Public
Pool None
Location
County Santa Barbara
Community Features Sidewalks
Subdivision North West Lmpc(49), North West Lmpc(49)
Directions Travel West On Hwy 246 From Buellton. Hwy 246 Becomes Hwy 1 And Ocean Ave. Property Is On Your Right, 0.4 Mile Past H St (main Intersection).
APN 91072014
Multifamily Details
Expense: Trash 1
Operating Expense 37617
Expense: Insurance 1
Total Expenses 37617
Expense: Water/ Sewer 1
Gross Income 90171
Expense: Electric 1
Gross Scheduled Income 90171
Expense: Fuel 1
Rental est.: $1,753/month
Gross rent multiplier: 46.8
  • Apr 2024
    mls logo MLS # PI24037096
  • Apr 30, 2024 Sold
    $985,000
  • Apr 3, 2024 Pending
    —
  • Mar 4, 2024 Active
    —
  • Feb 22, 2024 Listed
    $975,000 (+170.8%)
  • Apr 2024
    Public Records
  • Apr 26, 2024 Sold
    $985,000 (+1.0%)
  • Oct 2011
    Public Records
  • Oct 7, 2011 Sold
    $360,000 (-15.3%)
  • Mar 2003
    Public Records
  • Mar 18, 2003 Sold
    $425,000
  • Year Property taxes Tax assessment
  • 2025
    $11,561 +132.1%
    $1,004,700
  • 2024
    $4,982 +0.5%
    $1,004,700 +131.17%
  • 2023
    $4,958 +1.3%
    $434,611 +2.0%
  • 2022
    $4,894 -1.1%
    $426,090 +2.0%
  • 2021
    $4,947 +1.1%
    $417,736 +1.04%
  • 2020
    $4,894
    $413,454
  • 621 W Ocean Ave
    $985K
  • —
  • 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 11/3/2026. 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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