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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
General
- Sold For: $550,000
- Status: Closed
- Type: Single Family
- Source: MRMLS
- MLS ID: NS26036566
- Added to Site: 51 day(s) ago
Interior
- Rooms/Areas: Bonus Room, All Bedrooms Up, Living Room, Den
- Interior Features: Balcony, Tile Counters
- Fireplace: Yes
- Fireplace(s): Living Room
- Eating Areas: In Kitchen, Area
- Flooring: Carpet, Laminate
Rooms
Bathrooms
- Total Bathrooms: 3
- Full Bathrooms: 3
Bedrooms
- Total Bedrooms: 3
Other Rooms
- Laundry: Inside
Additional Information
- Pool Description: None
- Spa Description: None
Exterior
- Deck/Patio: Front Porch
Parking
- Garage: Yes
- Garage Spaces: 2
- Parking: Other, Garage (Two Doors)
Location
- County: Santa Barbara
- Subdivision: South East Lmpc(52)
- Driving Directions: S 7th Street to E Olive towards Beattie Park. Property is on the corner of E Olive and S 6th St.
School Information
- School District: Lompoc Unified
Community
- Community Features: Mountainous, Street Lights, Sidewalks, Suburban, Park
Heating & Cooling
- Cooling Type: None
- Heating Type: Forced Air
Utilities
- Sewer: Public Sewer
- Water: Public
Structural Information
- Architectural Style: Ranch
- Structure Type: Single Family Residence
- Construction: Stucco
- Foundation: Slab
- Roof: Spanish Tile
- Common Walls: No Common Walls
- Entry Location: Front
- Stories/Levels: Two
- Stories Description: Two
- Square Feet: 2,572
- Sq. Ft. Source: Assessor
- Year Built: 1980
- Year Built Source: Assessor
- Property Condition: Fixer
Additional Structures
- Other Structures: Shed(s)
Lot Features
- Property View: Park/Greenbelt, Neighborhood, Hills
- Lot Size (Acres): 0.21
- Lot Size Source: Assessor
- Lot Description: Corner Lot, Park Nearby, Front Yard
- Fencing (Description): Average Condition
Financial Considerations
- Price Per Sq. Ft.: $213.84
Disclosures and Reports
- Special Conditions: Probate Listing
Listed by Oak & Roots Real Estate Group, Cody Wilcoxson
Sold by CHAMPION Real Estate, Gary Crabtree
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Schools
Schools serving 1309 E Olive
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
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, Lompoc, CA 93436 (MLS# NS26036566) is a Single Family property that was sold at $550,000 on March 25, 2026. Want to learn more about 1309 E Olive? 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.

