SoldOct 10, 2025

Listed by Steven Battaglia from Steven Battaglia, Broker

, 

Bought with ICE Default Agent

Source: San Diego MLS #PI25159888

733 N C St, Lompoc, CA, 93436

$2,600,000

1
2
23087 sq. ft.

MultiFam

•

23 days on the market

Sold: Oct 10, 2025

What's around 733 N C St

About this property

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.

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Other properties sold by Steven Battaglia, Broker

SoldSep 16, 2026
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12
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SoldMar 27, 2026
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6
4
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Listing courtesy of Steven Battaglia, Broker and Century 21 Masters
SoldMar 13, 2026
$2,215,968
435 East Newlove Drive
Santa Maria CA 93454
12
12
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Listing courtesy of Steven Battaglia, Broker

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