714-745-2708

221-225 N N Street, Lompoc, CA 93436

$2,895,000 Approx. USD 0 beds, 0 baths

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Marketed By The Keaty Team

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Marketed By The Keaty Team REALTOR® - Sales Associate 714-608-3298 m
714-745-2708 o
Lic#: 01276603
NRDS ID: 187514104
thekeatyteam@bhhscal.com Tustin Office
18302 Irvine Blvd, Suite 240
Tustin, CA 92780
Phone: 714-832-8800
Fax: 949-565-7700

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Listing Agent

Christos Celmayster
Lic#: 01342996
Broker: Courtesy of Hayes Commercial Group

Agent Remarks

Excellent opportunity to acquire a 12-unit apartment property located in Lompoc, California. The property consists of two six-unit apartment buildings, each featuring six spacious two-bedroom, one-bathroom units, priced at a 5.70% Cap Rate offering a mixture of at-market and below-market rents. The property has benefited from significant capital improvements in recent years, including renovations to seven of the twelve units within the past four years, plumbing upgrades, new roofs on both buildings in 2024, and the installation of a new sewer lateral serving 221 North N Street in October of 2026. These improvements provide a solid foundation for continued operations while reducing exposure to certain near-term capital expenditures. See ''more'' With a desirable mix of all two-bedroom units, substantial recent improvements, upside in the rents and the option to further enhance the remaining five residences, 221-225 North N Street presents an appealing opportunity for an investor seeking a multifamily asset in stable rental market.

Listing Details

Property type: (Multi-Family)

Status: Active

MLS# 26-3784

Price: $2,895,000

Beds: 0

Baths: 0

Built in 1978

14810.00 acres

Lot size: 0.3400

Subdivision: Lompoc

County: Santa Barbara

Zoning: R-3

Parking description: Outside

MLS area: 55 - LOMPOC

Last Updated: 11/15/2026

Days On Market (DOM): 4

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This listing belongs to the 55 - LOMPOC MLS area

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Lat/Long: 34.641577, -120.465816.
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