516 S  U St, Lompoc, CA 93436
FOR SALE

516 S U St
Lompoc, CA 93436

  • 15 Beds
  • 15 Baths
  • 4,000 sqft
  • 15 Beds
  • 15 Baths
  • 4,000 sqft

$800,000

Original price: $825,000
Est. Mortgage $5,093/mo*

Local Information

map showing home location
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Commute Destination

Description

Live in one apartment while collecting rent from the remaining 4 units. Northside location on this income property fully rented. The D unit has recently been remodeled.The 5 plex next door at 520 N. U Street is also on the market if you are looking for 10 apartments in the same location. They are all 1 bedroom 1 bath units. With some maintenance and upgrading, these units could be returned to their original glory.

Home Highlights

Parking
Open Parking
Outdoor
Patio
A/C
Heating only
HOA
None
Price/Sqft
$200
Listed
180+ days ago

Home Details for 516 S U St

Interior Features

Beds & Baths
Number of Bedrooms: 15Number of Bathrooms: 15Number of Bathrooms (full): 25
Dimensions and Layout
Living Area: 4000 Square Feet
Appliances & Utilities
Laundry: None
Heating & Cooling
Heating: Wall FurnaceNo CoolingAir Conditioning: NoneHas HeatingHeating Fuel: Wall Furnace
Gas & Electric
Electric: Separate MetersGas: Separate Meters
Levels, Entrance, & Accessibility
Stories: 1Levels: One

Exterior Features

Exterior Home Features
Roof: CompositionPatio / Porch: PatioFoundation: Slab
Parking & Garage
No GarageHas Open ParkingParking: 1 - 5,On Street
Frontage
Road Frontage: AlleyRoad Surface Type: Paved
Water & Sewer
Sewer: Public Sewer

Days on Market

Days on Market: 180+

Property Information

Property Type / Style
Property Type: Residential IncomeProperty Subtype: Multi Family
Building
Construction Materials: Stucco
Property Information
Parcel Number: 089152014

Price & Status

Price
List Price: $800,000Price Per Sqft: $200
Status Change & Dates
Possession Timing: Subject To Tenant Rights

Active Status

MLS Status: Active

Location

Direction & Address
City: Lompoc

Agent Information

Listing Agent
Listing ID: 23001825

Building

Building Area
Building Area: 4000 Square Feet

Lot Information

Lot Area: 6969.6 sqft

Listing Info

Special Conditions: Standard

Offer

Listing Terms: New Loan

Compensation

Buyer Agency Commission: 2.50Buyer Agency Commission Type: %
Notes
The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed

Business

Expense
Tenant Pays: Electricity, Gas, Water

Rental

Lease Term: Month To MonthOwner Pays: Grounds Care, Insurance, Taxes

Miscellaneous

Mls Number: 23001825Living Area Range: 1 Bedroom Units: 800Living Area Range Units: Square Feet
Last check for updates: about 12 hours ago
Listing courtesy of Francine M Silva DRE#: 00669239, (805) 588-1360
ERA POLLY REAL ESTATE
Source: North Santa Barbara County MLS, MLS#23001825

Price History for 516 S U St

DatePriceEventSource
04/15/2024$800,000PriceChange
North Santa Barbara County MLS #23001825
03/04/2024$825,000PriceChange
North Santa Barbara County MLS #23001825
01/10/2024$875,000PriceChange
North Santa Barbara County MLS #23001825
12/05/2023$899,000PriceChange
North Santa Barbara County MLS #23001825
10/25/2023$995,000Listed For SaleNorth Santa Barbara County MLS #23001825
12/22/2017$345,000Sold
N/A
11/09/2017$339,900Listed For SaleAgent Provided
10/14/2016$200,000Sold
N/A
10/05/2016$230,000Listed For SaleAgent Provided
08/30/2016$230,000ListingRemovedAgent Provided
07/28/2016$230,000Listed For SaleAgent Provided
08/09/2014$219,900ListingRemovedAgent Provided
08/07/2014$219,900Listed For SaleAgent Provided
06/29/2014$219,900ListingRemovedAgent Provided
05/24/2014$219,900PriceChange
Agent Provided
03/18/2014$225,000Listed For SaleAgent Provided

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Property Taxes and Assessment

Year2023
Tax$4,263
Assessment$377,306
Home facts updated by county records

Comparable Sales for 516 S U St

Address
Distance
Property Type
Sold Price
Sold Date
Bed
Bath
Sqft
0.61
Multi-Family Home
$692,500
03/22/24
18
6
2,880
0.59
Multi-Family Home
$525,000
08/25/23
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$525,000
08/25/23
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2,850
1.10
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$615,000
07/20/23
15
6
1,977
0.62
Multi-Family Home
$525,000
08/25/23
3
1
2,850
0.62
Multi-Family Home
$525,000
08/25/23
3
1
2,850
0.71
Multi-Family Home
$640,000
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16
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1.15
Multi-Family Home
$790,000
10/25/23
6
4
2,945
0.68
Multi-Family Home
$1,520,000
01/05/24
12
12
1

What Locals Say about Lompoc

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  • Mark A.
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LGBTQ Local Legal Protections

Francine M Silva, ERA POLLY REAL ESTATE
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 2024, Santa Maria Association of REALTORS®, Inc. Copyright 2024; Santa Ynez Valley Association of REALTORS®, Inc. Copyright 2024. All rights reserved.
The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed.
516 S U St, Lompoc, CA 93436 is a 15 bedroom, 15 bathroom, 4,000 sqft multi-family. This property is currently available for sale and was listed by North Santa Barbara County MLS on Oct 25, 2023. The MLS # for this home is MLS# 23001825.