310 S H Street

Lompoc, CA 93436

$2,300,000

List Price

N/A

bed Beds

shower Baths

N/A sqft

straighten / sqft

1959

calendar_month Built

Property Description

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!

Listing Information

List Price $2,300,000
Status Active
MLS V126447
HOA $0
Type Residential Income
Year Built 1959
Lot Size 8,712
Structure Size N/A
DOM 40
Courtesy Of Radius Group Commercial RE
Listing Agent Steven Golis DRE#00772218

Interior Features

Laundry Information
Location(s) Common Area
Total Bedroom
Bedrooms N/A
Fireplace Information
Features None
Cooling Type
Cooling Type None

Exterior Information

Maps

Listing information courtesy of: Steven Golis, Radius Group Commercial RE (805) 965-5500. *Based on information from the Association of REALTORS/Multiple Listing as of Dec 5th, 2024 at 5:12 AM and/or other sources. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.