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Seller Financing OR Rent $3,475 Month 208-210 E Ocean Ave 4,600 SF Retail Building Lompoc, CA 93436 $748,000 ($162.61/SF)
Investment Highlights
- Visit Website: " 208ocean.com " For more info
- Rent .80 cents per Square Foot
- Owner Carry,For Sale OR Rent
Executive Summary
Seller Financing, Mortgage $3,800 month (Pi) (property tax NOT included).
($198K down/ Seller Carry $550K // Amortized over 25 yrs. // 6.75% Apr // Balloon Due in 8 yrs.
No Prepay Penalty.Buyer to pay property tax to county directly, Mortgage payment does not include property taxes.
***Also will lease at $3,475 month.subleasing ok. Great for 3-4 tenants.
Two front door entrances with 2 showcase windows,Two double door back entrances,Large Hall with 3 additional
office rooms(One with sink).Rear of Bldg has 1,200 Large cement floor single room with double doors and rear parking lot entry,
Restroom,that open behind building. Located Across from Toyota Dealership.
Can accommodate 3-4 tenants. Property has 3 Restrooms. Has One electric meter.
Gated parking behind Building holds 8-10 cars plus front curbside street parking.
That's less than .88 cents per SqFt., cheapest rent in town,Sub Leasing ok.(See website:” 208ocean.com )
10 Miles From Space X Launch Facility and Surf Beach, Lompoc.
(FYI:::The corner Taco Restaurant is 1950 Sf was recently for sale asking $699k and has a tenant paying $3,050 month)
FOR QUICKEST RESPONSE TEXT or CALL 805-300-7101 Cheryl
($198K down/ Seller Carry $550K // Amortized over 25 yrs. // 6.75% Apr // Balloon Due in 8 yrs.
No Prepay Penalty.Buyer to pay property tax to county directly, Mortgage payment does not include property taxes.
***Also will lease at $3,475 month.subleasing ok. Great for 3-4 tenants.
Two front door entrances with 2 showcase windows,Two double door back entrances,Large Hall with 3 additional
office rooms(One with sink).Rear of Bldg has 1,200 Large cement floor single room with double doors and rear parking lot entry,
Restroom,that open behind building. Located Across from Toyota Dealership.
Can accommodate 3-4 tenants. Property has 3 Restrooms. Has One electric meter.
Gated parking behind Building holds 8-10 cars plus front curbside street parking.
That's less than .88 cents per SqFt., cheapest rent in town,Sub Leasing ok.(See website:” 208ocean.com )
10 Miles From Space X Launch Facility and Surf Beach, Lompoc.
(FYI:::The corner Taco Restaurant is 1950 Sf was recently for sale asking $699k and has a tenant paying $3,050 month)
FOR QUICKEST RESPONSE TEXT or CALL 805-300-7101 Cheryl
Financial Summary (Actual - 2024) |
Annual | Annual Per SF |
|---|---|---|
| Gross Rental Income |
$46,800
|
$10.17
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
$46,800
|
$10.17
|
| Net Operating Income |
-
|
-
|
Financial Summary (Actual - 2024)
| Gross Rental Income | |
|---|---|
| Annual | $46,800 |
| Annual Per SF | $10.17 |
| Other Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income | |
|---|---|
| Annual | $46,800 |
| Annual Per SF | $10.17 |
| Net Operating Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
Property Facts
Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Building Size
4,600 SF
Building Class
C
Year Built
1956
Price
$748,000
Price Per SF
$162.61
Tenancy
Single
Building Height
1 Story
Building FAR
0.44
Lot Size
0.24 AC
Zoning
Comm/Retail/Food/Medical+ - Commercial,Food,Retail ,Office, Medical,Dispensary, Retail,Dining,Auto.+ more.
$185 per square foot,below replacement cost! Rear has 10 car parking
Parking
10 Spaces (2.17 Spaces per 1,000 SF Leased)
Frontage
48’ on E Ocean Ave
Amenities
- Fenced Lot
- Pylon Sign
- Signage
Space Availability
- Space
- Size
- Space Use
- Position
- Available
- 1st Floor
- 4,600 SF
- Retail
- -
- Now
| Space | Size | Space Use | Position | Available |
| 1st Floor | 4,600 SF | Retail | - | Now |
1st Floor
| Size |
| 4,600 SF |
| Space Use |
| Retail |
| Position |
| - |
| Available |
| Now |
Fairly walkable
50/100
Exceptionally drivable
100/100
Limited public transit
30/100
Fairly bikeable
40/100
Nearby Major Retailers
Property Taxes
| Parcel Number | 085-163-020 | Improvements Assessment | $280,908 (2025) |
| Land Assessment | $114,444 (2025) | Total Assessment | $395,352 (2025) |
Property Taxes
Parcel Number
085-163-020
Land Assessment
$114,444 (2025)
Improvements Assessment
$280,908 (2025)
Total Assessment
$395,352 (2025)
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Presented by
Cheryl Erhart
Seller Financing OR Rent $3,475 Month | 208-210 E Ocean Ave
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