$1,050,000
$1,150,000
8.7%For more information regarding the value of a property, please contact us for a free consultation.
0.4 Acres Lot
SOLD DATE : 05/23/2022
Key Details
Sold Price $1,050,000
Property Type Multi-Family
Listing Status Sold
Purchase Type For Sale
MLS Listing ID 22152128
Sold Date 05/23/22
HOA Y/N No
Year Built 2008
Lot Size 0.400 Acres
Property Description
Welcome to this gorgeous 3 units commercial building in the heart of the city. Either keep the existing structure, build apartment units or do a condo conversion to add square footage and produce more income and profit. Opportunities are endless. 2008-built building with a soaring high ceiling with cathedral windows, a great architectural and majestic composition that will offer endless prospects. The city will approve eight units of apartment conversion, four units 1 bed/1 bath and four units 2 beds/ 1 baths., per correspondence with the seller. The buyer to check with the city regarding permits and zoning and satisfy themselves with all aspects of what can or can't be done with the property. The existing structure is 5027, with 26 parking spaces on a generous 17,424 lot size. Add this unique property to your real estate portfolio!
Location
State CA
County Santa Barbara
Area Lomp - Lompoc
Interior
Heating Central
Cooling Central Air
Fireplace No
Exterior
Garage Assigned
Parking Type Assigned
Total Parking Spaces 26
Building
Story 2
New Construction No
Others
Senior Community No
Tax ID 085131020
Special Listing Condition Standard
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Bought with Michael Puhek • RE/MAX Del Oro
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Realtor® | Lic# 01332311