117 S I ST Lompoc, CA 93436

This is a rare chance to own 2 empty lots within Lompoc’s 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.