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Property

Lompoc, CA 93436 130 N G Street

Pending
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Presented By: Steven Golis with Radius Group Commercial RE; sgolis@radiusgroup.com
  • MLS# V128155
  • 02/14/2025
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  • Beds • 5
  • Baths • 4
  • Garage • 7
  • Year Built • 1938

Home Details

130 North G St is a well-maintained, turn-key multifamily property located on a prominent corner lot at Walnut Avenue and G Street in the heart of Lompoc, just north of Ocean Avenue. This 7-unit property offers a mix of (5) 1BD/1BA units, (1) 2BD/1BA unit, and (1) 2BD/2BA single-family home. The property consists of three distinct buildings: a duplex, a four-unit apartment building, and a single-family home. Every unit (with the exception of the SFH) has been fully renovated with luxury vinyl plank (LVP) flooring, stainless steel appliances, new plex and water lines, modern wall heaters with thermostat controls, and tankless water heaters. Five separately leased parking garages generate additional annual storage income, adding further value to this investment.The property spans +/-5,460 square feet on a +/-20,909 square foot lot, featuring a shared laundry room and ample off-street parking. A recent survey suggests the potential for a lot split, separating the duplex and single-family home (3 units) from the four-unit building (4 units). There is also potential for a lateral split in the rear of the lot and the possibility of adding 2-3 more units (buyer to verify feasibility). See page 6 for potential lot split line and ADU placement.
Presented By: Steven Golis with Radius Group Commercial RE; sgolis@radiusgroup.com

Interior Features for 130 N G Street

Bathrooms

Total Baths

Other Interior Features

Air Conditioning Y/NNo
Basement (Y/N)No
Common WallsNoCommonWalls
Fireplace FeaturesNone
Fireplace Y/NNo
Heating Y/NYes

General for 130 N G Street

Additional Parcels Y/NNo
Attached Garage No
Carport Y/NNo
CityLompoc
Community FeaturesSuburban
CoolingNone
CountySanta Barbara
DirectionsTurn right to merge onto US-101 N toward Santa BarbaraMerge onto US-101 NTake exit 132 for CA-1 toward Lompoc/Vandenberg SFBTurn left onto CA-1 NTurn left onto CA-1 N/CA-246 W/E Ocean AveTurn right o
Electric On Property Y/NNo
Garage Spaces7.0
Garage Y/NYes
Gross Income175680.0
HOANo
HOA Fee$0.0
Home Warranty Y/NNo
Insurance Expense4000.0
Land Lease Y/NNo
Lease Considered Y/NNo
Lease Renewal Y/NNo
LevelsOne
Listing TermsCash, CashToNewLoan, Conventional
Lot Size Square Feet20909.0
Lot Size UnitsSquareFeet
MLS AreaLOMP - Lompoc
MobileHomeRemainsYNNo
Net Operating Income120812.0
New ConstructionNo
Operating Expense49756.0
Pool FeaturesNone
Property Attached Y/NNo
Property TypeResidentialIncome
Rent Control Y/NNo
Senior Community Y/NNo
Spa FeaturesNone
Special Listing ConditionsStandard
Standard StatusPending
StatusPending
Stories1
Subdivision NameNot Applicable
Trash Expense0.0
ViewNone
Water Sewer Expense5600.0
Year Built1938
Year Built SourcePublicRecords

Exterior for 130 N G Street

Crops Included Y/NNo
Horse Y/NNo
Irrigation Water Rights Y/NNo
Lot FeaturesSprinklersNone
Lot Size Acres0.48
Lot Size Area20909.0
Number of Buildings4
Number of Separate Electric Meters7
Number of Separate Gas Meters7
Number of Separate Water Meters7
Open Parking Y/NNo
Parking FeaturesOffStreet
Private PoolNo
SpaNo
Total Parking7.0
WaterfrontY/NNo

Additional Details

Price History

Clayton Bond

Sales Associate
Price $2,100,000
MLS#V128155
List Date 02/14/2025
Property Type Pending
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