310 S H St Lompoc, CA 93436
East Lompoc NeighborhoodEstimated payment $14,446/month
About This Home
310 South H St is located in a prime area of Lompoc, just south of Ocean Avenue on the central street of South H, & 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 & stoves, new plex & water lines, modern wall heaters w/ thermostat controls, and tankless water heaters for maximum efficiency. The property includes a desirable unit mix of (6) 1BD/1BA units & (2) 2BD/1BA units, with off-street parking for 8 vehicles. With a strong 5.46% current CAP rate, 310 South H Street is the definition of a low-maintenance, high-yielding investment opportunity!
Property Details
Home Type
- Multi-Family
Year Built
- Built in 1958
Lot Details
- Property is in good condition
Home Design
- 4,830 Sq Ft Home
Parking
- 8 Open Parking Spaces
- 8 Parking Spaces
Schools
- See Remarks High School
Community Details
- 8 Units
- Gross Income $178,800
Listing and Financial Details
- Assessor Parcel Number 085-232-015
Map
Home Values in the Area
Average Home Value in this Area
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 02/28/2025 02/28/25 | Price Changed | $2,195,000 | -4.6% | $454 / Sq Ft |
| 02/07/2025 02/07/25 | For Sale | $2,300,000 | 0.0% | $476 / Sq Ft |
| 01/13/2025 01/13/25 | Pending | -- | -- | -- |
| 10/25/2024 10/25/24 | For Sale | $2,300,000 | 0.0% | $476 / Sq Ft |
| 01/19/2024 01/19/24 | Price Changed | $1,800 | -5.3% | $2 / Sq Ft |
| 11/28/2023 11/28/23 | Price Changed | $1,900 | -5.0% | $2 / Sq Ft |
| 11/15/2023 11/15/23 | For Rent | $2,000 | -- | -- |
Source: Santa Barbara Multiple Listing Service
MLS Number: 24-3534
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