516 N U, Lompoc, CA 93436

Lompoc
Local realty services provided by:Better Homes and Gardens Real Estate Property Shoppe
516 N U,Lompoc, CA 93436
$1,500,000
  • - Beds
  • - Baths
  • - sq. ft.
  • Multi-family
  • Active
Listed by: michael lopus
Office: colliers international greater los angeles, inc.
MLS#:26-491
Source:SBAOR

Price summary

  • Price:$1,500,000

About this home

516-520 N U Street presents a prime value‑add multifamily opportunity in the City of Lompoc. The property consists of ten 1‑bed/1‑bath units with current rents notably below market, offering substantial upside through strategic renovations and rent repositioning. Situated on a 13,938 SF lot, the asset benefits from steady local rental demand and proximity to key employers, services, and community amenities. With clear pathways to enhance income and long‑term value, this offering is well‑suited for investors seeking growth potential in a supply‑constrained Central Coast market.

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Home facts

  • Year built:1960
  • Listing ID #:26-491
  • Added:83 day(s) ago
  • Updated:April 14, 2026 at 02:37 PM

Structure and exterior

  • Year built:1960

Schools

  • High school:Other
  • Middle school:Other
  • Elementary school:CLA

Finances and disclosures

  • Price:$1,500,000
Based on information from the Santa Barbara MLS as of May 7, 2026 Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.

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