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6-Unit Apartment for Sale at 621 W Ocean Ave, Lompoc

, CA

Price: $975,000
6-Unit Apartment for Sale at 621 W Ocean Ave, Lompoc, CA

Property Details

Property Description

Garden style apartments located near Old Towne Lompoc and close to shopping, restaurants, and Ryon Park. Good unit mix with (4) 2Bed/1Bath and (2) 1Bed/1Bath units. Property has laundry room and off-street parking in the rear of the building. ONLY $162,500 PER UNIT. Good upside in rents. Cap Rate of 5.1% on Actuals and 8.1% Proforma.

Property Type: Multi-Family

Property Status: In Escrow

DOWNLOAD: Flyer (PDF)

Location

621 W Ocean Ave, Lompoc, California 93436

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