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$800,000   Price Analysis
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516 N U St
Lompoc, CA 93436
5 bed 5 bath 4,000 SqFt ($200/SqFt)
6,970SqFt lot.
Listed 2023-10-25, Taxes $1,281
Ⓧ USDA Ineligible
due to price & location

near Lompoc

Live in one apartment while collecting rent from the remaining 4 units.

Northside location on this income property fully rented. The D unit has recently been remodeled.The 5 plex next dor at 520 N. U Street is also on the market if you are looking for 10 apartments in the same location.

They are all 1 bedroom 1 bath units. With some maintenance and upgrading, these units could be returned to their original glory.


Presented by Francine Silva at
ERA POLLY REAL ESTATAE.


Property MLS #23001825 from NSBCRMLS

Bedrooms: 5

Total Bathrooms: 5.00
Full Bathrooms: 5

Heating Features: Wall Furnace

Patio

Lot Description: Alley, Level
Lot Size Acres: 0.1600092
Lot Size Square Feet: 6970

Garage Spaces: 15
Garage Description: 1 - 5, Street

Number of Units: 5
Number of 1 Bedroom Units: 5
Full Bathrooms in the 1 Bedroom Units: 5

Lease Term: Month To Month
Tenant Pays: Electricity, Gas, Water

Source Listing Status: Active
County: Santa Barbara
Cross Street: Date Avenue
Directions: Ocean Avenue to U Street. Continue to the 500 block. Sign will be on the property.
Source Property Type: Multi-Family
Area: 60 - Lompoc
Source Neighborhood: 49 - North West Lmpc
Owner Pays: Gardener, Insurance, Taxes
Parcel Number: 089-152-014
Postal Code Plus 4: 9343
Subdivision: 49 - North West Lmpc
Zoning: Res Multi-Family
Source System Name: C2C

YearAssessments
Building + Land
Total
Tax
2022$90,011 + $15,980
$105,991
$1,281
2021$88,247 + $15,667
$103,914
$1,292
2020$87,343 + $15,507
$102,850
$1,278
2019$85,631 + $15,203
$100,834
$1,256
2018$83,952 + $14,905
$98,857
$1,235
2017$82,306 + $14,613
$96,919
$1,212
2016$80,693 + $14,327
$95,020
$1,190
2015$79,481 + $14,112
$93,593
$1,180
2014$77,925 + $13,836
$91,761
$1,164
2013$77,573 + $13,774
$91,347
$1,163
2012$76,052 + $13,504
$89,556
$1,143
2010$74,561 + $13,240
$87,801
$1,093
2009$74,180 + $13,174
$87,354
$1,094
2009$74,004 + $13,142
$87,146
$1,094
2008$72,726 + $12,916
$85,642
$1,066
2007$71,300 + $12,663
$83,963
$1,016

Relisted 2024-05-03
$800,000
NSBCRMLS
Listing removed 2024-05-02
$0
NSBCRMLS
Price Changed 2024-04-15
$800,000
NSBCRMLS
Price Changed 2024-03-04
$825,000
NSBCRMLS
Price Changed 2024-01-10
$875,000
NSBCRMLS
Price Changed 2023-12-05
$899,000
NSBCRMLS
Listed 2023-10-25
$995,000
NSBCRMLS

Operating Expense Includes: Insurance, Legal, Maintenance, Management

Total Square Feet Living: 4000
Building Exterior Type: Stucco
Foundation Details: Slab
Improvements: Curbs/Gutter, Paved Streets, Street Lights
Levels: One
Roof: Composition
Levels or Stories: 1

Sewer: Public Sewer
Water Source: Public

Clarence Ruth Elementary School is a public elementary school located approximately 0.2 miles away.
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Lompoc High School is a public high school located approximately 0.6 miles away.
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Lompoc Valley Middle School is a public middle school located approximately 0.9 miles away.
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Carpe Paideia Academy is a private high school located approximately 0.1 miles away.
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The property loan eligibility may be subject to additional requirements beyond geographical location including but not limited to the condition of the property. Speak with a real estate professional to find out more about the eligibility of a specific property.