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Berkshire Hathaway HomeServices California Properties Berkshire Hathaway HomeServices California Properties
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733 N C Street Lompoc, CA 93436
$2,760,000 0 beds, 0 baths
0 sqft
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Photo of Jimmy Harmantzis

Jimmy Harmantzis REALTORĀ® - Broker Associate 949-212-2023 m
949-212-2023 o
Lic#: 01234982
NRDS ID: 641526390
JimmyHarmantzis@bhhscal.com
Text Me
Call My Cell
Call My Office
Lic#: 01234982
NRDS ID: 641526390
JimmyHarmantzis@bhhscal.com
Mission Viejo Office
23120 Alicia Parkway, Suite 100
Mission Viejo, CA 92692
Phone: 949-768-1000
Fax: 949-587-0915
Mission Viejo 23120 Alicia Parkway, Suite 100
Mission Viejo, CA 92692
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Fax: 949-587-0915
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Agent Remarks

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, & more. 8-1bd apts & 14 studios surround a tastefully landscaped courtyard, with 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.

Listing Details

Property type: (Residential Income)
Status: Active
MLS# 25-2768
List price is $2,760,000
Beds: 0
Baths: 0
Built in 1960
2 stories
23086.00 acres
Lot size: 0.5300
County: Santa Barbara
Zoning: R-3
Parking description: Uncovered
Heating description: GFA
MLS area: 55 - LOMPOC

Last Updated: 7/23/2025

 Find more LOMPOC homes and real estate

 Find more homes in 93436 zip code

This listing belongs to the 55 - LOMPOC MLS area

Lat/Long: 34.649808, -120.451733.
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Listing Agent: Steven Battaglia
Lic#: 01234982
Office Name: Mission Viejo

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Area Overview

Total population of , which has changed by % since 1990.
The median age of the population is , while the median age of dwellings is .
Out of households, are families.

Community Characteristics:

Occupancy Type

White/Blue Collar Jobs

Population by Gender

Hispanic/Non-Hispanic Population

Compared to National:

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Photo of Jimmy Harmantzis

Jimmy Harmantzis REALTORĀ® - Broker Associate 949-212-2023 m
949-212-2023 o
Lic#: 01234982
NRDS ID: 641526390
JimmyHarmantzis@bhhscal.com
Text Me
Call My Cell
Call My Office
Lic#: 01234982
NRDS ID: 641526390
JimmyHarmantzis@bhhscal.com

Mission Viejo Office
23120 Alicia Parkway, Suite 100
Mission Viejo, CA 92692
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© 2025 Berkshire Hathaway HomeServices California Properties (BHHSCP) is a member of the franchise system of BHH Affiliates LLC. BHHS and the BHHS symbol are registered service marks of Columbia Insurance Company, a Berkshire Hathaway affiliate. BHH Affiliates LLC and BHHSCP do not guarantee accuracy of all data including measurements, conditions, and features of property. Information is obtained from various sources and will not be verified by broker or MLS. Buyer is advised to independently verify the accuracy of that information.
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