520 North U Street

Lompoc, CA 93436

$800,000
Price
5
Beds
5
Baths
4,000 Sq. Ft.
$200 / Sq. Ft.
4,000
Sq. Ft.
$200
per Sq. Ft.

Description

Live in one unit while collecting rent from the remaining 4 apartments. North side location on this fully rented income property. The 5 plex next door at 516 N. U Street is also on the market if you are looking to own 10 apartments in the same location. They are all 1 bedroom 1 bath units. With some maintenance and upgrading these units could be returned to their original glory.Live in one unit while collecting rent from the remaining 4 apartments. North side location on this fully rented income property. The 5 plex next door at 516 N. U Street is also on the market if you are looking to own 10 apartments in the same location. They are all 1 bedroom 1 bath units. With some maintenance and upgrading these units could be returned to their original glory.
  1. Listed by Francine M Silva • DRE #00669239 • ERA POLLY REAL ESTATE

Property Details for 520 North U Street

Directions to Property
Ocean Avenue to U Street. Take north O street to the 500 block.
Zone Description
Res Multi-Family
Street Direction
N

Location

Listing Courtesy of ERA POLLY REAL ESTATE, Francine M Silva, DRE #00669239
Add your commute
LISTING UPDATED: 05/10/2024 01:31 PM

Property Details for 520 North U Street

StatusActive
MLS #23001826
Days on Market231
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeMulti-Family / Multi-Family
Year Built-
Lot Size0.16 AC / 6,970 SF
CountySanta Barbara County

Location

Listing Courtesy of ERA POLLY REAL ESTATE, Francine M Silva, DRE #00669239
Add your commute

Building Information for 520 North U Street

Stories1Residences5Year Built-Building Size-Lot Size0.16 AC / 6,970 SF

Payment Calculator

$4,955 per month

30 year fixed, 7.25% Interest

Principal and Interest

$4,366

Property Taxes

$589

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 520 North U Street

Summary
Location and General Information
  • Major Area: 60 - Lompoc
  • Sub-Area: 49 - North West Lmpc
  • Cross Street: Date Avenue
  • Zip + 4: 93436
  • Absolute Longitude: 120
  • Map Page: 0
Parking
  • Parking: 1 - 5, Street
Property
Lot Information
  • Lot Characteristics: Alley
  • Lot Size Source: Tax Records
  • Sq Ft Source: Unknown
  • Acres: 0.16
  • Year Built Exception: Unknown
  • Cumulative DOM: 198
Property and Assessments
  • Stories: 1
  • APN: 089-152-015
  • Listing Detail: None
  • Document Count: 3
  • Deposit: 20,000
  • REO: No
  • Reports Available: None
  • Possession: Subject To Tenant Rights
Utilities
  • Sewer: Public Sewer
  • Water: Public
Interior and Exterior Features
Exterior Features
  • Roof Description: Composition
  • Separate Meters: Electric, Gas, Water
  • Exterior: Stucco
Interior Features
  • Air Conditioning: None
  • Foundation: Slab
  • Heating: Wall Furnace
  • Laundry: Washer/Dryer Hookup
  • Levels: One
Multi Family
1 Bedroom Unit
  • # of 1 Bedroom Units: 5
  • Rent Range: 702.00-850.00
  • Full Baths: 5
Income & Expenses
  • Vacancy %: .00%
  • Income Source: Other
  • Operating Expense: Management
Unit 1
  • No.: A
  • Bed: 1
  • Bath: 1
  • Rent: 750.00
  • SqFt: 800
  • Parking: ALLEY
  • Lease: MO TO MO
  • Furnished: U
  • Stories: 1
  • std_rent: $750.00
  • std_baths: 1
  • std_beds: 1
Unit 2
  • No.: B
  • Bed: 1
  • Bath: 1
  • Rent: 780.00
  • SqFt: 800
  • Parking: ALLEY
  • Lease: MO TO MO
  • Furnished: U
  • Stories: 1
  • std_rent: $780.00
  • std_baths: 1
  • std_beds: 1
Unit 3
  • No.: C
  • Bed: 1
  • Bath: 1
  • Rent: 800.00
  • SqFt: 800
  • Parking: ALLEY
  • Lease: MO TO MO
  • Furnished: U
  • Stories: 1
  • std_rent: $800.00
  • std_baths: 1
  • std_beds: 1
Unit 4
  • No.: D
  • Bed: 1
  • Bath: 1
  • Rent: 860.00
  • SqFt: 800
  • Parking: ALLEY
  • Lease: MO TO MO
  • Furnished: U
  • Stories: 1
  • std_rent: $860.00
  • std_baths: 1
  • std_beds: 1
Unit 5
  • No.: E
  • Bed: 1
  • Bath: 1
  • Rent: 900.00
  • SqFt: 800
  • Parking: ALLEY
  • Lease: MO TO MO
  • Furnished: U
  • Stories: 1
  • std_rent: $900.00
  • std_baths: 1
  • std_beds: 1
Agent
Agent
  • Service Type: Full Service
Rental
Rental
  • Lease Term: Month To Month
  • Sub Lease Exp Date: 1717113600000
  • Tenant Pays: Electricity, Gas, Water

Property History for 520 North U Street

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 520 North U Street

Taxable ValueLand$100,000Additions$525,000Total$625,000
Tax Record2023$7,071 ($589 / month)
Home Facts
Lot Size6,969 SqFtStyleMulti-Family Res (5+ Units)CountySANTA BARBARAAPN089-152-015

Schools near 520 North U Street

This home is within Lompoc Unified School District.
Rating
School
Type
Grades
Distance
Public - K to 6
Public - 7 to 8
Public - 9 to 12
Public - 7 to 12
Rating
School
Distance
Clarence Ruth Elementary School
PublicK to 6

Lompoc Valley Middle School
Public7 to 8

Lompoc High School
Public9 to 12

Dr Bob Forinash Community Day
Public7 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Similar Homes

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520 North U Street is a multi-family home for sale in Lompoc, CA 93436. This property was listed for sale on October 24, 2023 by ERA POLLY REAL ESTATE, it's currently listed at $800,000. It has been on the market for a total of 231 days and was last sold on December 14, 2022. This listing's school district is Lompoc Unified School District. Nearby schools include Clarence Ruth Elementary School, Lompoc Valley Middle School and Lompoc High School. 520 North U Street is a 5-bed, 5-bath, 4,000 sqft multi-family home.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of ERA POLLY REAL ESTATE, Francine M Silva, DRE #00669239

Based on information from one of the following Multiple Listing Services: Santa Barbara MLS. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by Santa Barbara MLS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.