130 N G Street, Lompoc, CA 93436

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Glen Henderson

[email protected] +1(619) 889-7646

$2,100,000

Est. payment - /mo

5 Beds

4 Baths

0.48 Acres Lot

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UPDATED:

Key Details

Property Type Multi-Family

Sub Type Res Income 2-4 Units

Listing Status Active

Purchase Type For Sale

MLS Listing ID V1-28155

Bedrooms 5

HOA Y/N No

Lot Size 0.480 Acres

Property Sub-Type Res Income 2-4 Units

Type of Financing Cash,Conventional

Property Description

130 North G St is a well-maintained, turn-key multifamily property located on a prominent corner lot at Walnut Avenue and G Street in the heart of Lompoc, just north of Ocean Avenue. This 7-unit property offers a mix of (5) 1BD/1BA units, (1) 2BD/1BA unit, and (1) 2BD/2BA single-family home. The property consists of three distinct buildings: a duplex, a four-unit apartment building, and a single-family home. Every unit (with the exception of the SFH) has been fully renovated with luxury vinyl plank (LVP) flooring, stainless steel appliances, new plex and water lines, modern wall heaters with thermostat controls, and tankless water heaters. Five separately leased parking garages generate additional annual storage income, adding further value to this investment.The property spans +/-5,460 square feet on a +/-20,909 square foot lot, featuring a shared laundry room and ample off-street parking. A recent survey suggests the potential for a lot split, separating the duplex and single-family home (3 units) from the four-unit building (4 units). There is also potential for a lateral split in the rear of the lot and the possibility of adding 2-3 more units (buyer to verify feasibility). See page 6 for potential lot split line and ADU placement.
130 North G St is a well-maintained, turn-key multifamily property located on a prominent corner lot at Walnut Avenue and G Street in the heart of Lompoc, just north of Ocean Avenue. This 7-unit property offers a mix of (5) 1BD/1BA units, (1) 2BD/1BA unit, and (1) 2BD/2BA single-family home. The property consists of three distinct buildings: a duplex, a four-unit apartment building, and a single-family home. Every unit (with the exception of the SFH) has been fully renovated with luxury vinyl plank (LVP) flooring, stainless steel appliances, new plex and water lines, modern wall heaters with thermostat controls, and tankless water heaters. Five separately leased parking garages generate additional annual storage income, adding further value to this investment.The property spans +/-5,460 square feet on a +/-20,909 square foot lot, featuring a shared laundry room and ample off-street parking. A recent survey suggests the potential for a lot split, separating the duplex and single-family home (3 units) from the four-unit building (4 units). There is also potential for a lateral split in the rear of the lot and the possibility of adding 2-3 more units (buyer to verify feasibility). See page 6 for potential lot split line and ADU placement.

Location

State CA

County Santa Barbara

Area Lompoc (93436)

Zoning Public Rec

Building

Level or Stories 1 Story

Others

Acceptable Financing Cash, Conventional

Space Rent $9,600

Listing Terms Cash, Conventional

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Listed by Steven Golis • Radius Group Commercial RE

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Glen Henderson

+1(619) 889-7646

Broker Associate | CA BRE #01384181

Broker Associate CA BRE #01384181

San Diego Communities

130 N G Street Lompoc, CA 93436

Glen Henderson

Key Details

Location

Building

Others

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