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Sold on 05/28/2024

701 N F St, Lompoc, CA 93436

$5,250,000

Last sold 05/28/2024 after 7 Days

  • 2

    bed

  • 1

    bath

Multi-family not for sale
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About 701 N F St

Property type Multi-family
Neighborhood
Year built 1960
HOA fee $0/month
Lot size 0.8 Acre
Rental estimate
Property description
Well maintained 30-units in Lompoc with in place 6.0% Cap rate on current rents as of June 1. 5 detached buildings (701-717 F ST) on 5 parcels totaling 34,850 SF of land. Built in 1960, the several upgrades completed w/in last couple years inc new roofs and gutters, fresh exterior paint, fencing and secure gates along w/ tankless water heaters (3 in each building). Windows are dual paned. Kitchens have granite countertops. Second story units feature exposed beam ceilings. Maple trees along with drought tolerant landscape provide shade and inviting curb appeal. Lompoc High School, shopping and buslines. Sep metered for electricity and gas. Assigneduncovered parking. Excellent investment offering solid in place income with additional 15% upside in rents. Located in an opportunity zone.
Listed by
Listing Agent - Nick Henry
Listing Agent Contact: Nick@beachsidepartners.com
Listing Office - Beachside Partners
Source: Santa Barbara AOR mls logo
MLS#24-1637 • last updated 2 years ago
Movoto checked Santa Barbara AOR for data 1 minute ago
Overview
MLS # 24-1637
Status Closed
Lot Size (Acres) 0.8
Lot Size (Sqft) 34850
Year Built 1960
Interior
Location
Area 55 - LOMPOC
Elementary School Other
Middle School Other
High School Other
APN 087-092-006
Multifamily Details
Total # of Units 30
Total Rent 41795
Gross Income 501540
Rental est.: $1,850/month
Gross rent multiplier: 236.5
  • Jul 2024
    mls logo MLS # 24-1637
  • Jul 10, 2024 Sold
    $5,250,000
  • May 29, 2024 Pending
    —
  • May 21, 2024 Listed
    $5,200,000 (-1.4%)
  • Jul 2024
    mls logo MLS # V1-23653
  • Jul 10, 2024 Sold
    $5,250,000
  • Jun 18, 2024 Active
    —
  • May 21, 2024 Listed
    $5,200,000
  • Jul 2024
    Public Records
  • Jul 9, 2024 Sold
    $5,250,000 (+1.0%)
  • Nov 2023
    mls logo MLS # V1-20418
  • Nov 1, 2023 Price Change
    $5,275,000 (-3.7%)
  • Oct 11, 2023 Listed
    $5,475,000 (+742.3%)
  • Dec 2012
    Public Records
  • Dec 4, 2012 Sold
    $650,000 (+238.5%)
  • Oct 2005
    Public Records
  • Oct 11, 2005 Sold
    $192,000 (-88.5%)
  • Oct 2001
    Public Records
  • Oct 12, 2001 Sold
    $1,670,000
  • Year Property taxes Tax assessment
  • 2025
    $12,077 +173.1%
    $1,050,000
  • 2024
    $4,422 +0.5%
    $1,050,000 +172.97%
  • 2023
    $4,400 +1.3%
    $384,660 +2.0%
  • 2022
    $4,343 -1.1%
    $377,119
  • 2021
    $4,389 +1.1%
    $377,119 +3.06%
  • 2020
    $4,342
    $365,936
  • 701 N F St
    $5.25M
  • 55 - Lompoc
    —
  • 93436
    $668K +3% y/y
  • Lompoc
    $669K +4% y/y
No chart available
Statistics calculated by Movoto

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3/10
La Honda STEAM Academy
public Grades K-6
Lompoc Unified School District
3/10
Vandenberg Middle School
public Grades 7-8
Lompoc Unified School District
7/10
Cabrillo High School
public Grades 9-12
Lompoc Unified School District
Source: GreatSchools.org © 2026. All rights reserved.

Around 55 - Lompoc

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