This feature is unavailable at the moment.

We apologize, but the feature you are trying to access is currently unavailable. We are aware of this issue and our team is working hard to resolve the matter.

Please check back in a few minutes. We apologize for the inconvenience.

- LoopNet Team

You must register your contact information to view secure information on this listing.
You must register your contact information to view secure information on this listing.

Share This Listing

Please enter a valid email address.

Note: To send this property to multiple individuals, insert a semi-colon between each recipient's email address.

LoopNet has taken a strong stance against the practice of sending unsolicited commercial emails, also known as "spam." Please send these emails only to people you know who would be interested in this property. If someone asks you not to send these emails to them, please comply.

thank you

Your email has been sent!

1275 N V St - Major Price Reduction

3.08 Acres of Residential Land in Lompoc, CA 93436

Investment Highlights

  • Quality Affordable Living
  • Abundant Recreational Amenities
  • Close to Vandenberg Air Force Base, Schools, Shopping, Wineries, Restaurants
  • Attractive Architectural Building Styles
  • Adjacent to Open Space Nature Reserve

Executive Summary

• Development Plan Approved – Expires November 10, 2023.
• Tentative Map - Expired December 2022.
• Buyer will need to amend the development plan from 40 attached to attached housing apartment units, which will require a 10% affordable housing requirement.
School District
Lompoc Unified School District
• Clarence Ruth Elementary School (TK-6)
• Lompoc Valley Middle School (7-8)
• Lompoc High School (9-12)
Tax Rate
The annual tax rate is to be determined.

Property Facts

Sale Type Investment
Sale Conditions REO Sale
No. Lots 1
Property Type Land
Property Subtype Residential
Total Lot Size 3.08 AC

1 Lot Available

Lot

Lot Size 3.08 AC

The subject site is currently in an unimproved condition and will be delivered “as is, where is”. Buyer shall be responsible for making all necessary improvements.

Description

Coastal Meadows is an approximately 3 acre project located within the city limits of Lompoc, County of Santa Barbara, State of California. The subject site has the potential for 40 apartment units composed of 10 triplex buildings and 5 duplex buildings.

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
093-070-036
Land Assessment
$2,772,900 CAD
Improvements Assessment
$0 CAD
Total Assessment
$2,772,900 CAD

zoning

Zoning Code R2PD (Medium Density Residential Planned Development)
R2PD (Medium Density Residential Planned Development)
  • Listing ID: 28059417

  • Date on Market: 2023-03-24

  • Last Updated:

  • Address: 1275 N V St, Lompoc, CA 93436

Please Share Your Feedback

We welcome any feedback on how we can improve LoopNet to better serve your needs.
X
{{ getErrorText(feedbackForm.starRating, 'rating') }}
255 character limit ({{ remainingChars() }} characters remainingover)
{{ getErrorText(feedbackForm.msg, 'rating') }}
{{ getErrorText(feedbackForm.fname, 'first name') }}
{{ getErrorText(feedbackForm.lname, 'last name') }}
{{ getErrorText(feedbackForm.phone, 'phone number') }}
{{ getErrorText(feedbackForm.phonex, 'phone extension') }}
{{ getErrorText(feedbackForm.email, 'email address') }}