Home Highlights
Multi-Family
Built in 1960
Local Information
-- mins to
About this House
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.
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.
Last check for updates: about 16 hours ago
Listing courtesy of Michael Lopus 01970736, (805) 680-8806
Colliers International Greater Los Angeles, Inc.
Source: SBMLS, MLS#26-491

Also Listed on SBMLS.
Home Details for 516 N North St #U
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MLS Status: Pending |
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Beds & Baths Number of Bedrooms: 4Number of Bathrooms: 4 |
Fireplace & Spa No Fireplace |
View No View |
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Cumulative Days on Market: 88Days on Market: 140 |
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Year Built Year Built: 1960 |
Property Type / Style Property Type: Residential IncomeProperty Subtype: Multi Family |
Property Information Parcel Number: 089152014 |
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Price List Price: $1,500,000 |
Status Change & Dates Off Market Date: Mon May 11 2026 |
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Direction & Address City: LOMPOC |
School Information Elementary School: CLAJr High / Middle School: OtherHigh School: Other |
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Listing Agent Listing ID: 26-491 |
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Listing Terms: Conventional, Cash |
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Mls Number: 26-491 |
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.
Market trends in Lompoc
Last updated August 2026
Avg. sale price
$618K
$17.92KMoM
Sale-to-List Price
100.0%
Price per sq ft
$383
$9MoM
Available listings
104
1MoM
Home Value
Trulia Estimate
$1.41MSince last month
Decreased$21K (-1.5%)Since last year
Decreased$76K (-5.1%)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 -5% in the last 10 years
| Month | Estimated value |
|---|---|
2026 | |
| September 2026 | $1.41M |
| August 2026 | $1.43M |
| July 2026 | $1.42M |
| June 2026 | $1.44M |
| May 2026 | $1.44M |
| April 2026 | $1.44M |
| March 2026 | $1.46M |
| February 2026 | $1.49M |
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 |
|---|---|---|---|---|---|---|---|
0.70 | Multi-Family Home | $1,000,000 | 05/07/26 | 7 | 4 | 2,496 | |
1.09 | Multi-Family Home | $669,000 | 12/05/25 | 4 | 3 | 1,668 | |
1.11 | Multi-Family Home | $685,000 | 05/08/26 | 5 | 3 | 1,980 | |
1.13 | Multi-Family Home | $573,975 | 03/16/26 | 4 | 2 | 1,574 | |
1.48 | Multi-Family Home | $580,000 | 11/07/25 | 4 | 3 | - | |
1.46 | Multi-Family Home | $650,000 | 08/31/26 | 4 | 2 | 1,536 | |
1.10 | Multi-Family Home | $645,000 | 02/06/26 | 4 | 3 | - | |
1.28 | Multi-Family Home | $2,600,000 | 10/10/25 | 1 | 22 | 11,254 |
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 |
|---|---|---|---|---|---|---|
0.06 | $550,000 | 3 | 2.5 | 1,512 | Recently Sold | |
0.07 | $578,400 | 4 | - | 1,742 | Off Market | |
0.09 | $622,000 | 4 | 2.5 | 1,936 | Recently Sold | |
0.10 | $550,500 | 3 | 2.5 | 1,512 | Off Market | |
0.07 | - | - | - | - | Off Market | |
0.08 | - | - | - | - | Off Market | |
0.11 | $580,000 | 3 | 2.5 | 1,512 | For Sale | |
0.11 | $586,700 | 4 | 2.5 | 1,936 | Off Market | |
0.09 | $613,200 | 3 | 2 | 1,605 | Off Market | |
0.13 | $580,200 | 3 | 2.5 | 1,770 | Off Market | |
0.13 | $569,000 | 3 | 2.5 | 1,506 | For Sale | |
0.14 | $583,100 | 4 | 2.5 | 1,945 | Off Market |
Price and Tax history
| Date | Event | Price |
|---|---|---|
May 18, 2026 Source: SBMLS #26-491 | Pending | $1,500,000 |
Feb 13, 2026 Source: SBMLS #26-491 | Listed For Sale | $1,500,000 |
LGBTQ Local Legal Protections
LGBTQ Local Legal Protections
Michael Lopus, Colliers International Greater Los Angeles, Inc.
Agent Phone: (805) 680-8806

This information is being provided for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties that you may be interested in purchasing. Data relating to real estate for sale on this Website comes from the Internet Data Exchange Program of the Santa Barbara Multiple Listing Service. All information is deemed reliable, but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither the Santa Barbara Multiple Listing Service nor the listing broker(s) shall be responsible for any typographical errors, misinformation, or misprints.
Copyright 2026 Santa Barbara Multiple Listing Service. All rights reserved.
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Frequently asked questions about 516 N North St #U
- What is the estimated monthly payment for 516 N North St #U?Based on a $1,500,000 list price with 20% down at today's rates, the estimated monthly payment for 516 N North St #U in Lompoc, CA is approximately $9,525 (about $8,112 principal & interest, $1,338 property taxes, and $75 homeowner's insurance). This is an estimate. Actual payment depends on your loan terms.
- How does the list price for 516 N North St #U compare to homes in Lompoc?516 N North St #U in Lompoc, CA is listed at $1,500,000, about 143% above the $618K median sale price in Lompoc.
- What do residents say about Lompoc?Residents describe Lompoc, CA as pedestrian-friendly, dog-friendly, and easy to park in. See homes for sale in Lompoc, CA.
- What are the closest schools to 516 N North St #U?The closest schools to 516 N North St #U in Lompoc, CA are Clarence Ruth Elementary School (rated 2/10), Lompoc High School (rated 3/10), Lompoc Valley Middle School (rated 2/10).
516 N North St #U, Lompoc, CA 93436 is a 4 bedroom, 4 bathroom multi-family built in 1960. This property is currently available for sale and was listed by SBMLS on Feb 13, 2026. The MLS # for this home is MLS# 26-491.

