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
Price:
$2,300,000
MLS #:
V1-26447
Status:
Active
Baths:
0
Address:
310 S H Street
Type:
Residential Income
Neighborhood:
lomplompoc
City:
Lompoc
Listed Date:
Oct 25, 2024
State:
CA
ZIP:
93436
Lot Size:
8,712 sqft / 0.20 acres (approx)
Year Built:
1959
Schools
Interior
Appliances
Refrigerator, Convection Oven, Built- In Range
Cooling
None
Fireplace Features
None
Exterior
Community Features
Suburban
Garage Spaces
0.00
Parking Spots
8.00
Pool Features
None
Roof
Flat
Spa Features
None
View
None
Financial
Association Fee
0.00
Map
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Full-time Real Estate Broker, sold 1100+ Properties in SLO and SBC County. 38 years of local real estate knowledge and experience. I understand each sale is about you and your goals. I know as we get older, we don’t have time to make up for any mistakes especially when it comes to one the most significant investments. I care about my clients and work very hard to share my knowledge and protect you along the way. I place the appropriate verbiage in the listing and listing agreement depending …
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Courtesy of Radius Group Commercial RE. Disclaimer: All data relating to real estate for sale on this page comes from the Broker Reciprocity (BR) of the California Regional Multiple Listing Service. Detailed information about real estate listings held by brokerage firms other than Outland and Associates / JoAnn Outland include the name of the listing broker. Neither the listing company nor Outland and Associates / JoAnn Outland shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. The Broker providing this data believes it to be correct, but advises interested parties to confirm any item before relying on it in a purchase decision. Copyright 2024. California Regional Multiple Listing Service. All rights reserved.310 S H Street
Lompoc, CA
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