310 S H St - Apartments FOR SALE


Lompoc, CA 93436
$2,300,000 USD
805-680-8806
310 S H St, Lompoc, CA for Sale
$2,300,000 USD
Apartments - FOR SALE
1/12
null | Request Cap Rate

310 S H St
Lompoc, CA 93436


HIGHLIGHTS

  • Tankless water heaters installed.
  • Re-textured & re-painted interiors.
  • New LVP flooring installed throughout.
  • New kitchen cabinets w/ soft close hinges, new sinks & quartz countertops.
  • New tile, vanity, toilet & fixtures.
  • New wall heaters & thermostat controls.

OVERVIEW

310 South H St (Parkway Pines) is located in a prime area of Lompoc, just south of Ocean Avenue on the central street of South H, and is a fully renovated, turn-key, cash-flowing asset. This 8-unit multifamily property has undergone comprehensive upgrades in the past couple of years, making it an exceptional investment opportunity. Each unit features brand-new luxury vinyl plank (LVP) flooring, stainless steel refrigerators and stoves, new plex and water lines, modern wall heaters with thermostat controls, and tankless water heaters for maximum efficiency. The property includes a desirable unit mix of (6) 1BD/1BA units and (2) 2BD/1BA units, with off-street parking for eight vehicles. With a strong current CAP rate, 310 South H Street is the definition of a low-maintenance, high-yield investment in a sought-after area, providing stable returns and long-term growth opportunities.

FOR SALE DETAILS

PRICE

$2,300,000 USD

PRICE/SF

$381 USD /SF

# OF UNITS

8

PRICE/UNIT

$287,500

CAP RATE

Request Cap Rate

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

8 Unit Apartment Asset

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Garden

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1958

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.2 AC

LAND SF

8,712 SF

ZONING

R-2

APN/PARCEL ID

085-232-015

ASK ABOUT THIS PROPERTY

Mike LopusRadius Commercial Real EstateMore Info
805-680-8806

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Mike LopusRadius Commercial Real EstateMore Info
805-680-8806

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.