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Key Details
Sold Price $1,120,000
Property Type Multi-Family
Listing Status Sold
Purchase Type For Sale
Subdivision North West Lmpc(49)
MLS Listing ID PI21133029
Year Built 2006
Lot Size 10,454 Sqft
Property Description
Incredible opportunity to own a high yielding multi-family property without needing commercial financing. This 4-unit complex is currently earning a $73,200 gross annual income (rents are lower than current market value). The front house is a 2-bedroom, 1 bath home with an attached 2-car garage. The home has been remodeled and impeccably cared for. The rear tri-plex was just built in 2005. Each unit is a 3-bedroom, 2.5-bathroom home with an attached 2-car garage. There is shared laundry on-site for the tri-plex and the front house has washer/dryer hook-ups in the garage. This stunning property is owned by the family of a local, very reputable contractor! The owners built the tri-plex, garage for the front house and remodeled the front home. The quality and care shine in every aspect of this 4-unit property. Absolutely turn-key and ready for an investor or owner occupant that wants to make additional income.
Location
State CA
County Santa Barbara
Area Lomp - Lompoc
Interior
Heating Forced Air
Cooling None
Fireplaces Type Living Room
Laundry Common Area, In Garage
Exterior
Parking Features Converted Garage, Driveway
Garage Spaces 8.0
Garage Description 8.0
Pool None
Community Features Suburban
Roof Type Composition
Building
Lot Description Front Yard, Lawn, Level, Sprinkler System
Story One, Two
Sewer Public Sewer
Water Public
New Construction No
Others
Acceptable Financing Cash, Conventional, FHA, VA Loan
Listing Terms Cash, Conventional, FHA, VA Loan
Special Listing Condition Standard
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Bought with Non Member • Non-member Office
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Paul Ward
Broker Associate | License ID: 01354001
Broker Associate License ID: 01354001
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