733 N C Street, Lompoc, CA 93436

Local realty services provided by:Better Homes and Gardens Real Estate Registry
733 N C Street,Lompoc, CA 93436
$2,760,000
  • 1 Beds
  • 2 Baths
  • - sq. ft.
  • Multi-family
  • Pending
Listed by:steven battaglia
Office:steven battaglia, broker
MLS#:PI25159888
Source:San Diego MLS via CRMLS

Price summary

  • Price:$2,760,000

About this home

Coral Apartments in Lompoc is a well maintained 22-unit multifamily apartment complex in Lompoc with upgraded copper plumbing, newer ABS sewer lines, newer gas heaters, upgraded tile bathrooms, and more. The (8) 1-bedroom and (14) studios apartments surround a tastefully landscaped courtyard, and residents enjoy the comfort of security gates and camera system in addition to on-site parking and a common laundry room. The property is operated subject to an affordable covenant that expires in 2034 which restricts the renting of the apartments to Low or Very Low Income Households. Even with the affordable restrictions, there is strong upside in rents that can yield a Proforma CAP rate of 9.6% giving the savvy investor value-add opportunity in the short term with additional upside once the affordable agreement expires.

Contact an agent

contact an agent

Yes, I would like more information from BHGRE®. Please use and/or share my information with an BHGRE affiliated agent to contact me about my real estate needs. By clicking Send message, I agree an BHGRE affiliated agent may contact me by phone or text message including by automated means about real estate services, and that I can access real estate services without providing my phone number. I acknowledge that I have read and agree to theTerms of useandPrivacy notice

Home facts

  • Listing ID #:PI25159888
  • Added:65 day(s) ago
  • Updated:September 29, 2025 at 07:35 AM

Rooms and interior

  • Bedrooms:1
  • Total bathrooms:2

Structure and exterior

  • Roof:Composition

Finances and disclosures

  • Price:$2,760,000
MLS LogoThis information is deemed reliable but not guaranteed. You should rely on this information only to decide whether or not to further investigate a particular property. BEFORE MAKING ANY OTHER DECISION, YOU SHOULD PERSONALLY INVESTIGATE THE FACTS (e.g. square footage and lot size) with the assistance of an appropriate professional. You may use this information only to identify properties you may be interested in investigating further. All uses except for personal, non-commercial use in accordance with the foregoing purpose are prohibited. Redistribution or copying of this information, any photographs or video tours is strictly prohibited. This information is derived from the Internet Data Exchange (IDX) service provided by San Diego MLS®. Displayed property listings may be held by a brokerage firm other than the broker and/or agent responsible for this display. The information and any photographs and video tours and the compilation from which they are derived is protected by copyright. Compilation © 2020 San Diego MLS®, Inc.

New listings near 733 N C Street