Additional details
Listed by Steven Golis • Radius Group Commercial RE
$2,100,000
Est. payment /mo
0.48 Acres Lot
UPDATED:
Key Details
Property Type Multi-Family, Commercial
Listing Status Active
Purchase Type For Sale
MLS Listing ID CRV1-28155
Year Built 1938
Lot Size 0.480 Acres
Source California Regional MLS
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.
Location
State CA
County Santa Barbara
Area Lomp - Lompoc
Interior
Cooling None
Exterior
Parking Features Off-Street Parking
Garage Spaces 7.0
Pool 31, None
View None
Building
Story One Story
Others
Tax ID 085123014
Special Listing Condition Not Applicable
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