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  • 516 N U

516 N U, Lompoc, CA 93436

$1,500,000 Approx. USD 0 beds, 0 baths
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Photo of Hristo Hristov

Hristo Hristov, G.R.I., SFR, GREEN, FTBS REALTORĀ® - Sales Associate 805-284-8471 m
Lic#: 01978598
NRDS ID: 199506356
HHristov@bhhscal.com
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Lic#: 01978598
NRDS ID: 199506356
HHristov@bhhscal.com
Santa Barbara Office
3868 State St
Santa Barbara, CA 93105
Phone: 805-687-2666
Fax: 805-563-0053
Santa Barbara 3868 State St
Santa Barbara, CA 93105
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Fax: 805-563-0053
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Listing Agent


Michael Lopus
Lic#: 01970736
Broker: Courtesy of Colliers International Greater Los Angeles, Inc.

Agent Remarks

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.

Listing Details

Property type: (Multi-Family)
Status: Pending
MLS# 26-491
Price: $1,500,000
Beds: 0
Baths: 0
Built in 1960
County: Santa Barbara
Zoning: Other
MLS area: 55 - LOMPOC

Last Updated: 7/17/2026

 Days On Market (DOM): 154

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This listing belongs to the 55 - LOMPOC MLS area

Lat/Long: 34.646281, -120.473897.
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DISCLAIMER: There is NO WARRANTY, expressed or implied, for the accuracy of this information or its applicability to your financial situation. Please consult your financial and/or tax advisor. GET PRE-APPROVED The loan's interest rate will depend upon the specific characteristics of the loan transaction and credit profile up to the time of closing.

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Photo of Hristo Hristov

Hristo Hristov, G.R.I., SFR, GREEN, FTBS REALTORĀ® - Sales Associate 805-284-8471 m
Lic#: 01978598
NRDS ID: 199506356
HHristov@bhhscal.com
Text Me
Call My Cell
Lic#: 01978598
NRDS ID: 199506356
HHristov@bhhscal.com

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