1001-1021 E Cypress Ave, Lompoc, CA 93436
Property image
Property image
OFF MARKET

$8,746,100

Trulia Estimate
  • 3 Beds
  • 60 Baths
  • 52,608 sqft (on 1.90 acres)

1001-1021 E Cypress Ave, Lompoc, CA 93436

Est. Refi. Payment $52,699/mo*
Refinance Your Home
Currently Off Market - Sold Jul 12, 2024 for $10,050,000

Home Value

Trulia Estimate
$8.75M
Since last month
Decreased$396K (-4.3%)
Since last year
Decreased$2M (-16.5%)
Since last sale
Decreased$1M (-13%)
Learn more about this home's value by checking out its Trulia Estimate, the value of nearby homes, and how much similar homes have sold for.

Trulia Estimate

The of this home's value decreased by -15% in the last 10 years
MonthEstimated value
2026
August 2026$8.75M
August 2026$8.75M
July 2026$9.14M
June 2026$8.52M
May 2026$8.3M
April 2026$8.61M
March 2026$8.97M
February 2026$9.21M
January 2026$9.78M
2025
2024

Comparable sales

These are recently sold homes that have a similar location or other similar features to this home, like bedrooms, bathrooms, and square footage. Get a sense of the expected prices in the area by viewing these homes.
Address
Distance
Property Type
Sold Price
Sold Date
Bed
Bath
Sqft
224 N F St, Lompoc, CA
0.58
Multi-Family Home
$573,975
03/16/26
4
2
1,574
733 N C St, Lompoc, CA
0.91
Multi-Family Home
$2,600,000
10/10/25
1
22
11,254
221 N F St, Lompoc, CA
0.61
Multi-Family Home
$669,000
12/05/25
4
3
1,668
815 E Airport Ave, Lompoc, CA
0.78
Multi-Family Home
$580,000
11/07/25
4
3
-
308 E Airport Ave, Lompoc, CA
0.89
Multi-Family Home
$685,000
05/08/26
5
3
1,980
337 N K St, Lompoc, CA
1.00
Multi-Family Home
$1,000,000
05/07/26
7
4
2,496
618 N B St, Lompoc, CA
0.73
Multi-Family Home
$650,000
07/31/26
3
3
2,000
622 N B St, Lompoc, CA
0.74
Multi-Family Home
$635,000
03/24/26
3
9
1,536
615 N 1st St, Lompoc, CA
0.70
Multi-Family Home
$665,000
02/24/26
4
2
1,536

Nearby home prices

Get a sense of expected prices in the area by checking the value of nearby homes.
Address
Distance
Price
Bed
Bath
Sqft
Status
955 E Cypress Ave, Lompoc, CA 93436
0.04
$408,900
2
1.5
1,266
For Sale
1100 Peach Ave, Lompoc, CA 93436
0.06
$557,900
3
2
1,056
Off Market
931 E Cypress Ave, Lompoc, CA 93436
0.06
$413,100
2
1.5
1,266
Off Market
1104 E Peach Ave, Lompoc, CA 93436
0.07
$585,000
3
2
1,236
For Sale
909 E Cypress Ave, Lompoc, CA 93436
0.09
$407,100
2
1.5
1,266
Off Market
209 S 3rd St, Lompoc, CA 93436
0.07
$603,400
3
2
1,440
Off Market
109 S 3rd St, Lompoc, CA 93436
0.13
$975,000
-
-
-
For Sale
1112 E Cypress Ave, Lompoc, CA 93436
0.10
$603,700
3
2
1,700
Off Market
1200 E Peach Ave, Lompoc, CA 93436
0.12
$625,000
4
3
1,781
Recently Sold
115 N 3rd St #115, Lompoc, CA 93436
0.15
$483,100
3
2
1,459
Off Market
217 S 2nd St, Lompoc, CA 93436
0.10
$759,300
4
2
2,397
Off Market

Local Information

  • Map ViewExplore the area around 1001-1021 E Cypress Ave.
  • Schools1 Elementary School1 Middle School1 High School
  • Shop & Eat
-- mins to
Commute Destination

Home Highlights

Property Type
Multi-Family
Year Built
1984
Lot Size
1.9 acres
Living Area
52,608 sqft
Price/Sqft
$166

About this House

Unique opportunity to acquire 60 units in two contiguous multifamily properties located at 1001 E Cypress Avenue ('Bahia La Paz') and 1021 E Cypress Avenue ('Kimi East') situated on the Central Coast in the City of Lompoc. Both buildings are garden-style courtyard communities that provide an excellent unit mix of 40 x 2BD/1BA units and 20 x 1BD/1BA units, excellent onsite parking, onsite laundry facilities, functional unit layouts, and an ideal location in the Lompoc Valley.Bahia La Paz is 24-unit Mission-style, red tiled roof building constructed in 1984 consisting of sixteen 2BD/1BA townhome units (with fireplaces) and 8 X 1BD/1BA flats. Tenants enjoy either private patios or balconies, a common courtyard with two community BBQs, an onsite laundry facility, and on-site parking consisting of 26 carport spaces and 17 uncovered spaces. All tenants are on a month-to-month lease with current rents that are approximately 25% below market.Kimi East Apartments is a 36-unit Mid-Century building constructed in 1963 and comprised of 24 X 2BD/1BA units and 12 X 1BD/1BA (all flatunits). Tenants enjoy a common courtyard with three community BBQs, two on-site laundry rooms and 36 carport spaces with tenant storage closets. All tenants are on a month-to-month lease with current rents that are approximately 35% below market. Ownership has recently replaced all railings at the property to meet today's code.
1001-1021 E Cypress Ave, Lompoc, CA 93436 is a 3 bedroom, 2 bathroom, 52,608 sqft multi-family built in 1984. It last sold for $10,050,000 on Jul 12, 2024 (4% below the $10,445,000 asking price). This property is not currently displayed as for sale or rent on Trulia. The Trulia Estimate is $8,746,100, with a rent estimate of $2,349/month.
Last check for updates: about 6 hours ago
Listed by Christos Celmayster, (805) 563-2111
Hayes Commercial Group, Inc.
Bought with: Christos Celmayster, (805) 563-2111, Hayes Commercial Group, Inc.
Source: North Santa Barbara County MLS, MLS#24000664

Home Details for 1001-1021 E Cypress Ave

Interior Features

Beds & Baths
Number of Bedrooms: 3Number of Bathrooms: 2Number of Bathrooms (full): 60
Dimensions and Layout
Living Area: 52608 Square Feet
Heating & Cooling
Heating: Natural GasNo CoolingAir Conditioning: NoneHas HeatingHeating Fuel: Natural Gas
Gas & Electric
Electric: Separate MetersGas: Separate Meters

Exterior Features

Exterior Home Features
Roof: Clay ShingleFoundation: None
Parking & Garage
No GarageParking: Covered,51 - 100
Water & Sewer
Sewer: Public Sewer

Days on Market

Cumulative Days on Market: 39

Property Information

Year Built
Year Built: 1984
Property Type / Style
Property Type: Residential IncomeProperty Subtype: Multi Family
Property Information
Parcel Number: 085150093

Price & Status

Price
List Price: $10,445,000
Status Change & Dates
Possession Timing: Close Of Escrow

Active Status

MLS Status: Closed

Location

Direction & Address
City: Lompoc

Building

Building Area
Building Area: 52608 Square Feet

Lot Information

Lot Area: 1.9 Acres

Listing Info

Special Conditions: Standard

Offer

Listing Terms: Cash

Miscellaneous

Mls Number: 24000664Living Area Range: 1 Bedroom Units: 600-609, 2 Bedroom Units: 845-960Living Area Range Units: Square Feet

Price and Tax history

DateEventPrice
Jul 12, 2024
Source: North Santa Barbara County MLS #24000664
Sold
$10,050,000
May 28, 2024
Source: North Santa Barbara County MLS #24000664
Pending
$10,445,000
Apr 15, 2024
Source: SBMLS #24-1159
Listed For Sale
$10,445,000

Market trends in Lompoc

Last updated July 2026
Buyer'sMarketSeller'sMarket
Avg. sale price
$600K
$15.17KMoM
Sale-to-List Price
100.0%
Price per sq ft
$392
$3MoM
Available listings
104
10MoM

Around this home

What Locals Say about Lompoc

At least 284 Trulia users voted on each feature.

  • 91 % Say there are sidewalks

  • 86 % Say it's dog friendly

  • 79 % Say parking is easy

  • 78 % Say car is needed

  • 76 % Say there's holiday spirit

  • 70 % Say yards are well-kept

  • 70 % Say kids play outside

  • 68 % Say it's walkable to grocery stores

  • 66 % Say streets are well-lit

  • 61 % Say it's quiet

  • 57 % Say it's walkable to restaurants

  • 56 % Say neighbors are friendly

  • 55 % Say people would walk alone at night

  • 55 % Say they plan to stay for at least 5 years

  • 49 % Say there's wildlife

  • 33 % Say there are community events

Sourced by Trulia users. Learn more about our methodology.
  • Trulia User
    "They would like that our neighborhood is pretty relaxing and very friendly people. I love how quiet the neighborhood is."
    0
    Flag
  • Adrian R.
    "Dog parks pretty nice and open, lots of friendly people and dogs to interact with great neighborhoods and people "
    3
    Flag
  • Jamie E.
    "I’ve been here for 9 years now . Love the vibe of the town on the south side . There are hotels near by and everything I. Walking. Distance "
    0
    Flag
  • Patrica H.
    "There is a Farmer's Market every Friday that many people enjoy going to as well as the cannabis dispensaries around every corner."
    2
    Flag
  • Jamie E.
    "Fireworks are a problem right now . So if your dog is okay with it then it’s fine . There is tons of grass for you to let your dogs out to play or use restroom. The kids here do like to play outside all day . "
    2
    Flag
  • Jamie E.
    "Where I live there are families , hospital nearby . Kids play outside until dark . There are parks nearby with a lot of space . "
    1
    Flag
  • Trulia User
    "I commute North to Santa Maria about 35 minutes. Never any traffic & prettiest drive even without the ocean."
    1
    Flag
  • Andytheone2677
    "We have the party in our neighborhood, they are so kind and nice peoples. I would love to live here longer but I need to more to somewhere."
    5
    Flag
  • Megan B.
    "I grew up in Lompoc, it used to be a much smaller town and it is these days. It is slowly growing from a town into a city."
    1
    Flag
  • Aponteefma
    "My neighborhood is very good. I like Lompoc to live. Is clean and organized. The stores nearby are clean and neet. my job is in Lompoc, I'm seeking to rent here."
    7
    Flag
  • Bobbiechavez
    "Our neighborhood is full of diverse people who care about and love our community... We love our neighbors!!!"
    0
    Flag
  • Justice S.
    "It’s a good community for an adult but there’s nothing to do here for kids. Planning on moving to a better place for kids "
    3
    Flag
  • Thecabbichic
    "There are many other dog people in the neighborhood. Most walk their dogs on a leash, but there are the occasional escapee dogs or just never leashed when outside. "
    1
    Flag
  • Justice S.
    "My community is a fairly good one but my kids and I can’t wait to move out of it because we are ready for a change "
    0
    Flag
  • Josh L.
    "My commute home is mellow! No traffic to sit in. I can get to work within 5 minutes. In all actuality you can get anywhere In town within 5 minutes."
    2
    Flag
  • Bobbiechavez
    "Neighborhood Annual Potluck BBQ... Kid And Family-Friendly Neighborhood... Lots of Animal-Lovers... Very Patriotic and Service Member Supportive Community... Diverse Neighborhood and Community... Are ALL part of the reasons we moved here!!! "
    0
    Flag
  • Todd C.
    "Vandenberg Village housing is 90% occupied by military or DoD program support workers and their familys."
    0
    Flag
  • Cristal B.
    "Halloween, Baseball Games at JM park. Kids running around being kids. neighbors having bbqs and parties.. last but not least. The mortuary "
    0
    Flag
  • King K.
    "it’s unsafe shootings everyday people speeding gang activity jus very dangerous place to live. on top of that hardly any jobs and minimum wage sucks"
    5
    Flag
  • Ksky2blue
    "There are a lot of dog owners here and they all seem to follow and respect the dog rules (pick up after them, walk them on a leash, etc.). "
    2
    Flag
  • BobbieC
    "This is an area blessed with preserved open spaces and wildlife... I have seen quail, turkey vultures, skunks, raccoons, a racer snake, gopher snakes, and rattlesnakes, red-tailed hawks, a bobcat, coyotes, and a mountain lion... all within 50-100 yards of my house... So enjoy beautiful sunrises, sunsets, star-gazing, hiking, and horseback riding... but always be aware of your surroundings and keep your cat indoors, your dog on leash, and your kids wildlife-respectful and wildlife-wise! We co-exist in wildlife habitat!!!"
    0
    Flag
  • Todd C.
    "Small SoCal city, with heavy influence of farming community and some influence by local military base. majority of residents are very friendly. Personal safety isn't a concern in most areas, and local restaurants are quite good! "
    0
    Flag
  • Change2day4u
    "I live in the Village which is part of Lompoc but unincorporated. I love the quiet and friendly neighborhood. The downtown Lompoc is very close by and has lots of shopping and a hometown appeal."
    1
    Flag
  • Syd1040
    "Very pet friendly. Lots of people walking their dogs. We know pretty much all of the dogs in the neighborhood. We have nice sidewalks to walk on and we are close to a park. "
    2
    Flag
  • Mark A.
    "Mostly custom built large lot houses surrounded by oak and other large trees. Great year round weather. Warmer then Lompoc but cooler than Buellton. Majority of residents are retired and or working professionals. I love this place."
    2
    Flag
  • casey c
    "The country club area is the best neighborhood in the lompoc area; golf , clubhouse , restaurant and bar. Great group of people in the surrounding area."
    0
    Flag
  • Alicia
    "Most of these places are owned by slumlords that only care about care about $$. You literally have to fight it out in court for things that should be basic human rights"
    0
    Flag
  • Geric
    "Iv've lived in this neighborhood for three years and love it. People look out for eachother, are quite friendly. There's a real sense of community here."
    2
    Flag
  • Moodymeb
    "We have neighborhood potlucks and barbecues and my neighbors are always there when I need them! I feel safe in my neighborhood and I enjoy the people I live around."
    0
    Flag
  • Moodymeb
    "My neighborhood is a very welcoming and socially connected place. My family and I frequently have barbecues with our neighbors."
    0
    Flag
  • Trulia User
    "n/a to my specific neighborhood, but the city has an annual Flower Festival and Spring Arts Festival, winter parade, as well as a traveling circus and halloween block festival."
    2
    Flag
  • Casey
    "Great place to raise kids Vandenberg Villiage, country club great neighborhood school! We love the Elery room bar and the Sage restaurant too: both open to the general public/ great food and staff "
    0
    Flag
  • Dan T.
    "too many restrictions with way too much government over site. the county feels it has a right to be involved in every detail of its residents life "
    0
    Flag
  • Indigogirls2000
    "Great neighbors and good school at Los Berros Elementary... Recreational opportunities include basketball, biking, and hiking... Equestrian properties on Rucker Road... Two neighborhood churches... Store and restaurants within walking distance... Lots of open green space and a historic State Park that is part of the CA Missions system... Good water quality, but expensive due to recent Board decisions..."
    0
    Flag
  • Armandogalanr
    "very united and respectful .. we take care of each other. there is communication. When something happens ... or when an unknown person comes to be evil we respect it."
    1
    Flag
  • Sonia V.
    "As anywhere, you should be vigilant with your child’s safety, but this neighborhood is filled with happy children playing outside. "
    0
    Flag
  • Krotondi
    "Very kid and pet friendly neighborhood. Very little crime and people keep their properties in top shape. "
    0
    Flag
  • Deanndra A.
    "I live here city needs new infrastructure new streets new sidewalks better city officials better police force better schools more opportunities for employment way too much crime drugs robbery theft and gangs"
    1
    Flag
  • Laurie C.
    "Good community but not a lot for kids and families. Climate is great and the ocean is a few miles away."
    0
    Flag

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The data relating to real estate for sale on this website comes in part from the IDX program of the North Santa Barbara County Multiple Listing Service and its affiliated associations. Real estate listings held by brokerage firms other than Zillow, Inc. are marked with the IDX icon and detailed information about them include the name of the listing broker and listing agent. The information being provided is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Listing Broker has attempted to offer accurate data, it is deemed reliable but not guaranteed. Buyers are advised to confirm all data provided
Listings displayed are the property of the member Associations of the North Santa Barbara County MLS, and are protected under one or more of the following copyright registrations: Lompoc Valley Association of REALTORS®, Inc. Copyright 2026, Santa Maria Association of REALTORS®, Inc. Copyright 2026; Santa Ynez Valley Association of REALTORS®, Inc. Copyright 2026. All rights reserved.

Frequently asked questions about 1001-1021 E Cypress Ave

  • What is 1001-1021 E Cypress Ave estimated to be worth?
    Trulia's estimated value for 1001-1021 E Cypress Ave in Lompoc, CA is $8,746,100.
  • What is the price history for 1001-1021 E Cypress Ave?
    1001-1021 E Cypress Ave in Lompoc, CA last sold for $10,050,000 in July 2024.
  • Is Lompoc a buyer's or seller's market?
    Lompoc is currently a seller's market, based on recent for-sale activity.
  • What's the median sale price in Lompoc?
    The median sale price in Lompoc is $600K. That is up $15.17K from the prior month.
  • Does 1001-1021 E Cypress Ave have parking?
    Yes, 1001-1021 E Cypress Ave in Lompoc, CA has on-site parking.

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