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1416 E Walnut Ave - Residential Development Opportunity 1.9 Acres of Residential Land Offered at $2,373,000 in Lompoc, CA 93436
Investment Highlights
- Great corner location
- Benefits from neighboring Home Depot and Lompoc Valley Medical Center
Executive Summary
Prime
Financial Summary (Actual - 2024) |
Annual | Annual Per AC |
|---|---|---|
| Taxes |
$11,420
|
$6,010.53
|
| Operating Expenses |
-
|
-
|
| Total Expenses |
$11,420
|
$6,010.53
|
Financial Summary (Actual - 2024)
| Taxes | |
|---|---|
| Annual | $11,420 |
| Annual Per AC | $6,010.53 |
| Operating Expenses | |
|---|---|
| Annual | - |
| Annual Per AC | - |
| Total Expenses | |
|---|---|
| Annual | $11,420 |
| Annual Per AC | $6,010.53 |
Property Facts
| Price | $2,373,000 | Property Type | Land |
| Sale Type | Investment | Property Subtype | Residential |
| Sale Condition | Redevelopment Project | Proposed Use | |
| No. Lots | 1 | Total Lot Size | 1.90 AC |
| Zoning | Multi-Family - R3PD | ||
| Price | $2,373,000 |
| Sale Type | Investment |
| Sale Condition | Redevelopment Project |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Residential |
| Proposed Use | |
| Total Lot Size | 1.90 AC |
| Zoning | Multi-Family - R3PD |
1 Lot Available
Lot 1
| Price | $2,373,000 | Lot Size | 1.90 AC |
| Price Per AC | $1,248,947.37 |
| Price | $2,373,000 |
| Price Per AC | $1,248,947.37 |
| Lot Size | 1.90 AC |
1.9 acre land property located at the corner of Northwest of E Walnut Ave and North 7th Street in the City of Lompoc. It is located right across the Lompoc Valley Medical Center and next to Home Depot.
Fairly walkable
40/100
Exceptionally drivable
100/100
Limited public transit
30/100
Somewhat bikeable
30/100
Property Taxes
| Parcel Number | 085-150-009 | Total Assessment | $2,118,203 (2025) |
| Land Assessment | $2,118,203 (2025) | Annual Taxes | $11,420 |
| Improvements Assessment | $0 (2025) | Tax Year | 2024 |
Property Taxes
Parcel Number
085-150-009
Land Assessment
$2,118,203 (2025)
Improvements Assessment
$0 (2025)
Total Assessment
$2,118,203 (2025)
Annual Taxes
$11,420
Tax Year
2024
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1416 E Walnut Ave - Residential Development Opportunity
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