208 N R St, Lompoc, CA

Name: 208 N R St, For Sale in Lompoc - eXp Realty
Brand: www.RonBishow.com Real Estate
SKU: 26000904
Price: 330000 USD

Condo

For Sale

Listed price in listed location currency (USD).

$330,000

221

MLS® 26000904

Key Facts
Description
Rooms
Map

Key Facts

Type Condominium

Levels Residential

Size -

Garage

HOA Fees $424

Taxes

Days Active 0

Approx. Age 1981

MLS® Number 26000904

Property Address: 208 N R St, Lompoc, CA, 93436-5706

Average square foot calculated using Size range provided by listing agent.

Description

See attached documents - Winchester Village Condominium Large bedrooms with big closet in a nice community of 59. Condo has had some upgrades and is clean inside in good conditions.. Price reflects poor HOA financial condition no unit's condition. . Association's reserves grossly underfunded because of poor management of years. Complex was neglected for many years. Two major projects needed in community without funds to do them. Many buildings have roof that leak. Several buildings have termite issues. Some were fumigated years ago, but many were not. This one was fumigated. Reserve Study suggested special assessment to owners or $13, 000 split in 2 payments starting in 2024 but management neglected to do anything about it. New BOD since Oct doing good job trying to bring conditions back but have hands tied with $627, 000 in major projects with zero in reserve account to pay for them. Insurance costs have stressed budget to the brink of not being able to meet monthly obligations. Some community owners have donated time and money to help HOA out of hole but not enough. Price reflects state of HOA finances. Currently HOA is self-managed to cut cost of having two previous poor Community Management companies (in my opinion). Last Management company relieved operating account over 9k without BOD approval leaving HOA not able to meet monthly obligations. The last management of 4 months was a bad choice. . A lot of neglected maintenance but has started to get better. 12 buildings need roof replacement & have active leaks. Many units have failing fences that need replacement (almost all). HOA has new plan to bring conditions back where they should be but will takes years. Sale subject to buyer participating with seller doing a 1031 exchange at no cost to buyer. Long-term tenants would like to stay. Good rent and payment record excellent. Seller is a license Real Estate Broker When the plane is going down and you have a parachute you need ot jump and get to saftey.

MLS® Number26000904

Locker

Ensuite LaundryYes

Balcony

Furnished

Laundry LevelEnsuite

Exposure

Exterior

Garage

Approx. Age1981

Stories

Pets

Included in Maintenance Fee

Heat

Hydro

Water

Building Insurance

Condo Taxes

Cable TV

Central Air

Parking Maintenance

Utilities

Heat

A/C

Heating Fuel

Extras

Price History

-End Date

Not Sold YetSold Price

For Sale

May 10, 2026List Date

$330,000List Price

Commute

Commute

Starting Address

Destination Address

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