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$550,000
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Property Description
Attention investors and house-flippers! This 3-bedroom, 3-bathroom property is the ultimate value-add project in a high-demand rental market. Situated on an expansive lot with rare alley access, the possibilities for maximizing your return are endless. A functional 3 bedroom, 3 bath layout with abundant sqftd that's hard to find in this price point. The oversized backyard and alley access make this an ideal candidate for an Accessory Dwelling Unit (ADU). Live in one, rent the other, or double your rental income. Just down the street is Beattie Park and just minutes from Vandenberg Space Force Base. Bring your contractor and your vision. This is a ''buy low, renovate, and reap the rewards'' scenario in the growing Central Coast market. Please do not disturb current occupant.
Full Property Details
Full Property Details for 1309 E Olive Ave
General
- Sold For: $550,000
- Status: Closed
- Type: Single Family
- Source: NorthernSantaBarbara
- MLS ID: 26000305
- Added to Site: 51 day(s) ago
Interior
- Number of Fireplaces: 1
- Fireplace(s): Brick/Stone, Family Room
- Appliances: Other
- Flooring: Carpet, Linoleum
Rooms
Bathrooms
- Total Bathrooms: 3
- Full Bathrooms: 3
Bedrooms
- Total Bedrooms: 3
Other Rooms
- Dining Room: Dining Area, Breakfast Are Sq. Ft.
- Laundry: Laundry Rm/Inside
Additional Information
- Improvements: Tool Shed
Exterior
- Exterior Features: Fenced Yard
Parking
- Garage Spaces: 2
- Other Parking Type: Other, Drive Space
- Parking: Attached Garage
Location
- Area: 60 - Lompoc
- County: Santa Barbara
- Driving Directions: S 7th Street to E Olive towards Beattie Park. Property is on the corner of E Olive and S 6th St.
Community
- Pets Allowed: Yes
Heating & Cooling
- Cooling Type: None
- Heating Type: Forced Air
Utilities
- Sewer: Public Sewer
- Water: Public
Structural Information
- Description/Design: Probate Listing
- Exterior Const.: Stucco
- Roof: Tile
- Square Feet: 2,572
- Sq. Ft. Source: Tax Records
- Year Built: 1980
Lot Features
- Property View: Greenbelt, Valley
- Lot Size (Acres): 0.21
- Lot Size (Sq. Ft.): 9,148
- Lot Size Source: Tax Records
- Zoning: Residential Single Family
- Lot Description: Cul-De-Sac, Alley, Valley, Corner
Financial Considerations
- Price Per Sq. Ft.: $204
- Terms: Cash
Disclosures and Reports
- Documents Avail.: Other
- APN: 085-271-015
Listed by Oaks & Roots Real Estate Group, Cody Wilcoxson
Sold by CHAMPION Real Estate, Gary Crabtree
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Schools
Schools serving 1309 E Olive Ave
School District:Lompoc Unified School District
| Name | Grades | Distance |
|---|---|---|
Arthur Hapgood Elementary School 324 S. A St., Lompoc, CA 93438 | K-6 | 0.4 mi |
Lompoc Valley Middle School 234 S. N St., Lompoc, CA 93436 | 7-8 | 1.3 mi |
Lompoc High School 515 West College Avenue, Lompoc, CA 93436 | 9-12 | 1.5 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 1309 E Olive Ave
Date
Details
Price
Change
Source
3/25/2026
Sold
$550,000
4.76%
MLS
2/18/2026
Listed
$525,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
1309 E Olive Avenue, Lompoc, CA 93436 (MLS# 26000305) is a Single Family property that was sold at $550,000 on March 25, 2026. Want to learn more about 1309 E Olive Avenue? Do you have questions about finding other Single Family real estate for sale in Lompoc? You can browse all Lompoc real estate or contact a Coldwell Banker agent to request more information.

