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337 North K St, Lompoc, CA, 93436
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337 North K St Lompoc, CA, 93436

$995,000 Home for sale 7 beds 2,496 sqft

Listing provided by Varinder Kumar please reach out directly for any questions or interest at 562.418.0998. Discover a remarkable investment opportunity with this fully remodeled 4-unit multifamily property located in the heart of Lompoc, CA. Live in one unit while the others generate income! Investment Highlights: Extensively renovated with modern finishes, including new kitchens, bathrooms, bedrooms, as well as new exterior and interior paint. Efficient unit layout with appealing floor plans and great floor-to-ceiling height. Includes 3 new dryers and 2 washers, enhancing tenant convenience. Tenants are responsible for electricity, gas, sewer, and trash expenses, minimizing operating costs for the owner. This property presents an attractive 6.6% CAP rate with a pro forma CAP rate of 8%, showcasing its potential for significant income growth. Square Footage: 2,496 Lot Size: 6,970 SF Unit Composition: 3 units with 2 beds & 1 bath each (672 SF each) and 1 unit with 1 bed & 1 bath (480 SF) Current Rental Income: $7,950/month Future Rental Income (Post June 1, 2024): $8,521/month Parking: 4 spaces Year Built: 1960, Renovated in 2023 Location Benefits: Situated in Lompoc, CA, a city known for its thriving economy and significant growth. Close to notable economic drivers such as the T
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Property details

2,496 sqft interior area
Property type
Home
Interior area
2,496 sqft
View
None
Land area
6,969 sqft (0.16 acres)
Price per sqft
$398/sqft
Days on Verhouse
17
Address
337 North K St, Lompoc, CA, 93436
City of California
Lompoc
County
Santa Barbara
Year Built
1960
District
Listing

Open Houses

No upcoming open houses

Interior Features

Beds
7
Laundry Features
Community Facility
Heathing & Cooling
Wall/Window Unit(s)

Listed by

Varinder Kumar, Coldwell Banker West
Name
Varinder Kumar
License number
02059761
Brokerage company
Coldwell Banker West
MLS #
CRPT24087831

Payment calculator

Calculate your monthly payments
Mortgage
$3,055
Taxes
$0
HOA dues
$0
$3,055 per month
Mortgage
$199,000 / 20%
2.28%
30 years
Your amount $3,055 / month

Exterior Features

Yard
Front Yard

Lot details

TMK #091021023
Lot Description
Other, Front Yard, Landscape Misc
Parcel nr.
091021023

93436 info

Essentials nearby
Neighborhood stats
Walkability
Coffee shops
no data
Bus stop
no data
Supermarket
no data
Costco
no data
Hospital
no data
Park
no data
Beach
no data
Elementary school
no data
Middle school
no data
High school
no data
Local airport
no data

People living in 93436

48%
Families with children
National average: 39%
28%
Non family households
82,361
Population
$89,671
Average Income

Age & gender

Median age 34 years
More info

Commute types

87% commute by car
More info

Education level

26% have high school education
More info

Number of employees

12% work in education and healthcare
More info

Vehicles available

35% have 2 vehicle
More info

Vehicles by gender

35% have 2 vehicle
More info

Housing market insights for

$652.52k
Neighborhood average
sales price*
$568.5k
Neighborhood median
sales price*
28
Number
of sales*

Housing type

60% are single detacheds
More info

Rooms

43% of the houses have 4 or 5 rooms
More info

Bedrooms

67% have 2 or 3 bedrooms
More info

Owners vs Renters

51% are owners
More info
6.33 / 20
Below Average
15-20
10-15
5-10
1-5
Walkability according to the National Walkability Index

Price history

New Listing May 2, 2024
Date Event Price $/sqft Source
May 2, 2024 New Listing $995,000 398.64 MLS #CRPT24087831

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Frequently Asked Questions about 337 North K St

What is 337 North K St?

337 North K St, Lompoc, CA, 93436 is a single family home located in the city of Lompoc, California with zipcode 93436. This single family home has 7 bedrooms with an interior area of 2,496 sqft.

Which year was this home built?

This home was build in 1960.

What is the full address of this Home?

337 North K St, Lompoc, CA, 93436.

Are grocery stores nearby?

The closest grocery stores are Vons, 0.44 miles away and Grocery Outlet, 0.55 miles away.

What is the neighborhood like?

The 93436 zip area has a population of 82,361, and 48% of the families have children. The median age is 34.66 years and 87% commute by car. The most popular housing type is "single detached" and 51% is owner.

Based on information from the bridgeMLS as of 05-18-2024. 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.

Listing last updated on: May 10, 2024
Verhouse Last checked 9 minutes ago

337 North K St, Lompoc, CA, 93436 is a single family home located in the city of Lompoc, California with zipcode 93436. This single family home has 7 bedrooms with an interior area of 2,496 sqft on a 6,970 sqft sqft lot. This house was build in 1960.
The closest grocery stores are Vons, 0.44 miles away and Grocery Outlet, 0.55 miles away.
The 93436 zip area has a population of 82,361, and 48% of the families have children. The median age is 34.66 years and 87% commute by car. The most popular housing type is "single detached" and 51% is owner.

*Neighborhood & street median sales price are calculated over sold properties over the last 6 months.

Home For sale $995k 337 North K St, Lompoc, CA, 93436 7 beds / 2,496 sqft Save House Remove from Saved