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- LoopNet Team
1038 W Ocean Ave
Lompoc, CA 93436
Land For Sale
·
1.36 AC
INVESTMENT HIGHLIGHTS
- + 1.36 AC of Ready-to-Develop
- Previously Approved for 13 Single-Family Homes
- Potential for 30-36 Multifamily Units (Check with City Planning Department)
- Seller Financing Available
PROPERTY FACTS
| Property Type | Land | Proposed Use | Single Family Development |
| Property Subtype | Residential | Total Lot Size | 1.36 AC |
| Zoning | MDR-PD | ||
| Property Type | Land |
| Property Subtype | Residential |
| Proposed Use | Single Family Development |
| Total Lot Size | 1.36 AC |
| Zoning | MDR-PD |
DESCRIPTION
The +1.36-acre property has the potential for the development of either single-family homes, or, multifamily apartment units. Previously,13 SFR units were approved for the site; recently the seller submitted a pre-app for 30 apartment units. The site is thoughtfully located at the signalized intersection of West Ocean and R Street, directly across from the Boys and Girls Club of Lompoc Valley and a Dollar General Market grocery. The property is just one of several neighborhood developments planned for Lompoc, benefiting from its coastal location at the cusp of Santa Barbara and San Luis Obispo counties.
PROPERTY TAXES
| Parcel Number | 091-110-047 | Improvements Assessment | $0 |
| Land Assessment | $468,180 | Total Assessment | $468,180 |
PROPERTY TAXES
