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Key Details
Sold Price $215,000
Property Type Vacant Land
Listing Status Sold
Purchase Type For Sale
Subdivision South West Lmpc(54)
MLS Listing ID SC21240866
Sold Date 02/08/22
HOA Y/N No
Lot Size 8,712 Sqft
Property Description
This is a rare chance to own 2 empty lots within Lompoc’s Old Town Commercial Zone. Both lots are being sold together and are located smack dab in the center of the beautiful downtown community. We believe the highest and best use for these lots is to be used as Multifamily with some affordable housing. There are many factors that would benefit the owner of these lots for this use type. There is a maximum density of 17 residential units and with the inclusion of affordable housing there are density bonuses of up to a 35% increase or 23 units total. Additionally, off-street parking requirements are excluded if the development is permitted by December 2022.
Location
State CA
County Santa Barbara
Area Lomp - Lompoc
Zoning OTC
Interior
Fireplace No
Exterior
Community Features Curbs, Street Lights, Sidewalks
Utilities Available None
View Y/N Yes
View Neighborhood
Building
Water Public
New Construction No
Others
Senior Community No
Tax ID 091103021
Acceptable Financing Cash, Cash to New Loan, 1031 Exchange
Listing Terms Cash, Cash to New Loan, 1031 Exchange
Financing Cash
Special Listing Condition Standard
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Bought with Steven Sarahang • Flat Fee Inc.
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Crystal Trammell
REALTOR® | Mortgage Broker | License ID: 02147605
REALTOR® | Mortgage Broker License ID: 02147605