Address
117 S I Street Lompoc, CA
Price
$ 285,000
Property Attributes
  • MLS#SC21240880
  • TypePending
  • CountySANTA BARBARA
  • CityLompoc
  • AreaLompoc
  • Zip93436
  • StyleMulti Family
  • Price$ 285,000
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
  • Sqr Footage17424
  • Lot Size0.4 Acres
Listing Provided Courtesy Of:
Kyle Jones with Archer Wilkinson, Inc. - 208-251-0140
Data Source:
California Regional MLS (CRMLS) - 25 - CA
Property Description

This is a rare chance to own 2 empty lots within Lompoc’s Old Town Commercial Zone. Both lots are being sold together and are located smack dab in the center of the beautiful downtown community. We believe the highest and best use for these lots is to be used as Multifamily with some affordable housing. There are many factors that would benefit the owner of these lots for this use type. There is a maximum density of 17 residential units and with the inclusion of affordable housing there are density bonuses of up to a 35% increase or 23 units total. Additionally, off-street parking requirements are excluded if the development is permitted by December 2022.

Price History
11/2/2021 Listed $285,000

General Features

Additional Parcels Description 091103022
Additional Parcels Y/N Yes
Co-Listing Agent State License # 01999527
Co-listing Agent Patrick Wilkinson - BRE#01999527
Listing Agent Kyle Jones - BRE#02143027
Listing Agent State License 02143027
Lot Size Square Feet 17424
MLS Area LOMP - Lompoc
Property Sub Type Additional Multi Family
Property SubType Multi Family
Property Type Commercial Sale
Special Listing Conditions Standard
Status Pending
Terms Cash, Cash to New Loan, 1031 Exchange
Utilities None

Interior Features

Laundry Features None

Exterior Features

Lot Size Acres 0.4
Lot Size Area 17424
Lot Size Source Assessor
Lot Size Units Square Feet
Water Source Public

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Pending Average in 93436

Price
AVG $770K
$290K
Visits
AVG 43
2
Walkscore
AVG 46
85
Data Provided by Walkscore ® not using MLS data

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