733 N C St

Off Market

733 N C St

Lompoc CA 93436

23087 sq. ft.

Multi-Family

Last sold for $2,600,000

Steven Battaglia, last sold this property on 10 October 2025 after 80 days on market.

Overview

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.

Features

1 bedroom

2 bathrooms

23087 sq. ft. lot size

Multi-Family

Estimated Value

We need at least 3 similar 1 bedroom multi families sold in Lompoc over the last 12 months.

Property history for 733 N C St

2025

Sold

$2,600,000

10 Oct 2025 by Steven Battaglia, of Steven Battaglia, Broker

2003

Sold

$395,722

24 Dec 2003

Happy sellers in Lompoc

98%

98% of sellers in Lompoc reported that their sale price either exceeded or met their price expectations.

Lompoc stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.

This is based on voluntary sentiment collected from 9 reviews in Lompoc over the last 12 months.

Local market activity for 1 bedroom multi families in Lompoc

Sold

For Sale

Interested in selling?

People are reaching out to these agents in Lompoc for a market analysis.

Jason Francia

at Francia Team

(110 reviews)

Get a market analysis

Elisabeth Braithwaite

at Century 21 Masters

4.8

(12 reviews)

Get a market analysis

Amanda Esparza

at eXp Realty of California

(19 reviews)

Get a market analysis

Jamie Sim

at Berkshire Hathaway HomeServices California Properties (Los Olivos, 93441)

(5 reviews)

Get a market analysis

Nearby agents

Compare and contact these top performing agents who’ve delivered exception customer service for their clients in Lompoc

Jason Francia

Sellers who recommend Jason Francia have praised them for being local expert, responsive, friendly, clear communication, dedicated, hard-working, and supportive