310 S H STREET
Lompoc, CA 93436
0.20 acres | #V1-26447
Description
310 South H St (Parkway Pines) is located in a prime area of Lompoc, just south of Ocean Avenue on the central street of South H, and is a fully renovated, turn-key, cash-flowing asset. This 8-unit multifamily property has undergone comprehensive upgrades in the past couple of years, making it an exceptional investment opportunity. Each unit features brand-new luxury vinyl plank (LVP) flooring, stainless steel refrigerators and stoves, new plex and water lines, modern wall heaters with thermostat controls, and tankless water heaters for maximum efficiency. The property includes a desirable unit mix of (6) 1BD/1BA units and (2) 2BD/1BA units, with off-street parking for eight vehicles. With a strong 5.46% current CAP rate, 310 South H Street is the definition of a low-maintenance, high-yield investment in a sought-after area, providing stable returns and long-term growth opportunities.Contact Listing Agents for more information!
Property Details
- Property SubtypeResidentialIncome
- SubdivisionNot Applicable
- CountySanta Barbara
- Property TypeMulti-Family
- Original List Price$2,300,000
- MLS #V1-26447
- MLS #V1-26447
- Cost2300000
- Year Built1959
- Acres0.2
Location
Legal
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Last Updated: . Source: CRMLS
Listing Courtesy
Listing Agent: Steven Golis (#vc199501844)
Listing Office: Radius Group Commercial RE (#V6544)
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