221-225 N N Street, Lompoc, CA 93436

Lompoc
Local realty services provided by:Better Homes and Gardens Real Estate Property Shoppe
221-225 N N Street,Lompoc, CA 93436
$2,895,000
  • - Beds
  • - Baths
  • 9,000 sq. ft.
  • Multi-family
  • Active
Listed by: christos celmayster
Office: hayes commercial group
MLS#:26-3784
Source:SBAOR

Price summary

  • Price:$2,895,000
  • Price per sq. ft.:$321.67

About this home

Excellent opportunity to acquire a 12-unit apartment property located in Lompoc, California. The property consists of two six-unit apartment buildings, each featuring six spacious two-bedroom, one-bathroom units, priced at a 5.70% Cap Rate offering a mixture of at-market and below-market rents. The property has benefited from significant capital improvements in recent years, including renovations to seven of the twelve units within the past four years, plumbing upgrades, new roofs on both buildings in 2024, and the installation of a new sewer lateral serving 221 North N Street in October of 2026. These improvements provide a solid foundation for continued operations while reducing exposure to certain near-term capital expenditures. See ''more'' With a desirable mix of all two-bedroom units, substantial recent improvements, upside in the rents and the option to further enhance the remaining five residences, 221-225 North N Street presents an appealing opportunity for an investor...

Contact an agent

contact an agent

Yes, I would like more information. Please use and/or share my information with a BHGRE®  affiliated agent to contact me about my real estate needs. By clicking Send message, I request to be contacted by phone or text message and consent to being contacted by automated means. I understand that my consent to receive calls or texts is not a condition of purchasing any property, goods, or services. Alternatively, I understand that I can access real estate services by email or I can contact the agent myself.

If a BHGRE®  affiliated agent is not available in the area where I need assistance, I agree to be contacted by a real estate agent affiliated with another brand owned or licensed by Anywhere Real Estate (CENTURY 21® , Coldwell Banker® , Corcoran® , ERA® , Sotheby's International Realty® ). I acknowledge that I have read and agree to theTerms of useandPrivacy notice

Home facts

  • Year built:1978
  • Subdivision & Development:Lompoc
  • Listing ID #:26-3784
  • Added:1 day(s) ago
  • Updated:November 12, 2026 at 02:55 AM

Rooms and interior

  • Living area:9,000 sq. ft.

Structure and exterior

  • Year built:1978
  • Building area:9,000 sq. ft.
  • Lot area:0.34 Acres

Schools

  • High school:Other
  • Middle school:Other
  • Elementary school:Other

Finances and disclosures

  • Price:$2,895,000
  • Price per sq. ft.:$321.67

Features and amenities

  • Laundry features:Laundry Room
Based on information from the Santa Barbara MLS as of November 12, 2026 Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.

New listings near 221-225 N N Street