Lompoc, CA 93436,117 S I ST
Lompoc, CA 93436,117 S I ST
Lompoc, CA 93436,117 S I ST
Lompoc, CA 93436,117 S I ST
Lompoc, CA 93436,117 S I ST
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$215,000

$285,000

24.6%
Est.Price: ?

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Est. payment /mo

8,712 Sqft Lot


SOLD DATE : 02/08/2022

Key Details

Sold Price $215,000

Property Type Vacant Land

Listing Status Sold

Purchase Type For Sale

Subdivision South West Lmpc(54)

MLS Listing ID SC21240866

Sold Date 02/08/22

HOA Y/N No

Lot Size 8,712 Sqft

Property Description

This is a rare chance to own 2 empty lots within Lompoc’s Old Town Commercial Zone. Both lots are being sold together and are located smack dab in the center of the beautiful downtown community. We believe the highest and best use for these lots is to be used as Multifamily with some affordable housing. There are many factors that would benefit the owner of these lots for this use type. There is a maximum density of 17 residential units and with the inclusion of affordable housing there are density bonuses of up to a 35% increase or 23 units total. Additionally, off-street parking requirements are excluded if the development is permitted by December 2022.

Location

State CA

County Santa Barbara

Area Lomp - Lompoc

Zoning OTC

Interior

Fireplace No

Exterior

Community Features Curbs, Street Lights, Sidewalks

Utilities Available None

View Y/N Yes

View Neighborhood

Building

Water Public

New Construction No

Others

Senior Community No

Tax ID 091103021

Acceptable Financing Cash, Cash to New Loan, 1031 Exchange

Listing Terms Cash, Cash to New Loan, 1031 Exchange

Financing Cash

Special Listing Condition Standard

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California Regional MLS (CRMLS)
Listed by Kyle Jones • Archer Wilkinson, Inc.
Bought with Steven Sarahang • Flat Fee Inc.
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