Lompoc, CA93436
| 0 sqft | MLS# V1-28155
Tract: Not Applicable
For Sale $2,100,000
Description
130 North G St is a well-maintained, turn-key multifamily property located on a prominent corner lot at Walnut Avenue and G Street in the heart of Lompoc, just north of Ocean Avenue. This 7-unit property offers a mix of (5) 1BD/1BA units, (1) 2BD/1BA unit, and (1) 2BD/2BA single-family home. The property consists of three distinct buildings: a duplex, a four-unit apartment building, and a single-family home. Every unit (with the exception of the SFH) has been fully renovated with luxury vinyl plank (LVP) flooring, stainless steel appliances, new plex and water lines, modern wall heaters with thermostat controls, and tankless water heaters. Five separately leased parking garages generate additional annual storage income, adding further value to this investment.The property spans +/-5,460 square feet on a +/-20,909 square foot lot, featuring a shared laundry room and ample off-street parking. A recent survey suggests the potential for a lot split, separating the duplex and single-family home (3 units) from the four-unit building (4 units). There is also potential for a lateral split in the rear of the lot and the possibility of adding 2-3 more units (buyer to verify feasibility). See page 6 for potential lot split line and ADU placement.
Facts
| Built in 1938 | Lot Size: 20909.00 sqft | HOA Dues: $0/month
Features
Listing provided by Steven Golis, Radius Group Commercial RE
Based on information from California Regional Multiple Listing Service, Inc. as of February 14, 2025. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.