Lompoc, CA 93436,117 S I
Lompoc, CA 93436,117 S I
Lompoc, CA 93436,117 S I
$215,000
Est. payment /mo
$285,000
24.6%
Est.Price: ?

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8,712 Sqft Lot
SOLD DATE : 02/08/2022

Key Details

Sold Price $215,000

Property Type Vacant Land

Sub Type Lots/Land

Listing Status Sold

Purchase Type For Sale

MLS Listing ID SC21240866

Sold Date 02/08/22

HOA Y/N No

Lot Size 8,712 Sqft

Acres 0.2

Property Description

This is a rare chance to own 2 empty lots within Lompocs 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.
This is a rare chance to own 2 empty lots within Lompocs 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 Lompoc (93436)

Building

Lot Description Curbs, Sidewalks

Lot Size Range 7500-10889 SF

Others

Acceptable Financing Cash, Exchange

Listing Terms Cash, Exchange

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San Diego Regional MLS (SDMLS)
Listed by Kyle Jones • Archer Wilkinson, Inc.
Bought with NON LISTED AGENT • San Diego
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