516 N U St Lompoc, CA 93436
Lompoc AreaEstimated payment $8,586/month
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.
Listing Agent
Colliers International Greater Los Angeles, Inc. License #01970736 Listed on: 02/13/2026
Property Details
Home Type
- Multi-Family
Year Built
- Built in 1960
Schools
- Cla Elementary School
Listing and Financial Details
- Assessor Parcel Number 089-152-014
Community Details
Overview
- 10 Units
Building Details
- Electric Expense $6,300
- Fuel Expense $412
- Insurance Expense $13,720
- Maintenance Expense $6,500
- Trash Expense $166
Map
Home Values in the Area
Average Home Value in this Area
Tax History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2026 | $7,508 | $663,254 | $106,120 | $557,134 |
| 2025 | $7,508 | $650,250 | $104,040 | $546,210 |
| 2023 | $7,103 | $625,000 | $100,000 | $525,000 |
| 2022 | $1,282 | $105,991 | $15,980 | $90,011 |
| 2021 | $1,292 | $103,914 | $15,667 | $88,247 |
| 2020 | $1,279 | $102,850 | $15,507 | $87,343 |
| 2019 | $1,256 | $100,834 | $15,203 | $85,631 |
| 2018 | $1,236 | $98,857 | $14,905 | $83,952 |
| 2017 | $1,213 | $96,919 | $14,613 | $82,306 |
| 2016 | $1,191 | $95,020 | $14,327 | $80,693 |
| 2014 | $1,165 | $91,761 | $13,836 | $77,925 |
Property History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 05/11/2026 05/11/26 | Pending | -- | -- | -- |
| 02/13/2026 02/13/26 | For Sale | $1,500,000 | -- | -- |
Purchase History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Grant Deed | -- | None Listed On Document | |
| Grant Deed | $625,000 | Fidelity National Title |
Mortgage History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $1,000,000 | New Conventional | |
| Previous Owner | $800,000 | New Conventional |
Source: Santa Barbara Multiple Listing Service
MLS Number: 26-491
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
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.
- 405 N V St
- 904 W College Ave
- 1116 W Cherry Ave
- 222 N R St
- 218 N R St
- 208 N R St
- 230 N R St
- 1011 W Walnut Ave
- 1000 W Chestnut Ave
- 200 N Z St
- 1513 W Lemon Ave
- 307 N M St
- 1205 W Cypress Ave Unit D
- 1205 W Cypress Ave Unit C
- 1109 W Cypress Ave Unit F
- 1109 W Cypress Ave
- 526 N L St
- 1617 Alexander Ave
- 114 N N St
- 1022 Honda Way
Ask me questions while you tour the home.