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New on the Market
For Sale: Affordable Housing Multi-Family Asset – 725-733 N E St, Lompoc, CAPrice: $2,295,000
Property Type: Multi-FamilyZoning: R3Download: Flyer (PDF)Battaglia Commercial Real Estate and Hayes Commercial Group are pleased to offer for purchase three six-unit apartment buildings located in Lompoc, CA. Each apartment building is two stories and located on a separate legal parcel and feature 3 downstairs units with private patios and 3 upstairs units. Each building also include a laundry room(see Note 1) and 6 off street parking spaces accessible from the rear alley. All units consist of identical 2BD/1BA units totaling approximately 751 SF each. Most units have been updated over the past seven years and include granite or quartz countertops in the kitchens, tile floors in the bathrooms and kitchens, and tile or wood-like laminate flooring in the living room/hallways/bedrooms. Two units are vacant and in need of significant renovations. Call listing agents for more details. Note 1: Currently, only one of the three laundry rooms is in use, and machines are leased from WASH laundry services.
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1440 K St, San Miguel, CAPrice: $775,000
Property Type: Multi-FamilyZoning: RSFDownload: Flyer (PDF)Bread-and-butter apartment property for sale in San Miguel, just a short distance from Paso Robles. Unit mix includes (1) 1Bed/1Bath stand-alone house and (6) studio apartments. Studios are all Section 8 VASH (veterans program). These apartments are situated on a large, RSF-zoned parcel; check with the county regarding additional or other uses. Lots of upside potential.
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507 W Ocean Ave, Lompoc, CAProperty Type: Multi-FamilyLot Size: 13,939 sq. ftZoning: R3# Units: 6Download: Flyer (PDF)Bread and butter units in south Lompoc. The property features 6 well-maintained, single story, 2Bed/1Bath units in 2 buildings. Units are separately metered for electricity and gas. 10 uncovered parking spaces at rear of property. Most tenants are long term, and all rental agreements are month to month.
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2106 Wilmar Ave, Oceano, CAPrice: $899,000
Property Type: Multi-Family# Units: 44 Units on the south side of Oceano consisting of a detached 2Bed/1Bath house and a 2-story, townhouse style triplex of 2Bed/1Bath with private back patios. Two units have recently been renovated. Rents are low, providing a good opportunity to increase your income. This is a nice solid investment property ready to add to an experienced investor's portfolio or for the first time investor.
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401 Tiffany Dr, Santa Maria, CAProperty Type: Multi-Family# Units: 4Attractive fourplex, with 4 APNs, constructed and mapped as condominiums but have always been operated as apartments townhomes. Unit mix is (1) 3Bed/1.75Bath unit and (3) 2Bed/1.5Bath units. Each unit features gas appliances, central heating, laundry hookups, private back patio, and a 2-car garage. All are separately metered for electricity, gas, and water. The property is located in a park-like setting within a desirable residential neighborhood. New roof and exterior paint. Lots of opportunity with this property.
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530 2nd Pl, Solvang, CAPrice: $915,000
Property Type: Single Family# Units: 4Rare opportunity to acquire a 4-Plex in the busy city of Solvang. Units are all 1-bedroom/1-bath, two of which were renovated in 2008. Conveniently located in a residential neighborhood that is close to downtown and shopping, restaurants and schools. Building is simple and easy to maintain.
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1002 S Railroad Ave, Santa Maria, CAProperty Type: Multi-FamilyDownload: Flyer (PDF)Opportunity Knocks. Bread and Butter four-plex in Santa Maria. Needs some TLC. High demand, blue-collar area. Units have historically rented quickly. Unit A is vacant and is in need of updating. Call your contractor to check this out. Call your banker to get ready for cash flow.
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Multi-Family for Sale