Date
Details
Price
Change
Source
2/13/2026
Listed
$1,500,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
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1/8
$1,500,000
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1/8
Property Description
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.
Full Property Details
Full Property Details for 516 N U
General
- Price: $1,500,000
- HOA FEE: $6,500
- Status: Active
- Type: Multi-Family
- Source: SBAOR
- MLS ID: 26-491
- Updated: 2/13/2026
- Added to Site: 13 day(s) ago
Location
- Area: 55 - LOMPOC
- County: Santa Barbara
- Cross Streets: N V Street
School Information
- Elementary School: CLA
- Middle School: Other
- High School: Other
Structural Information
- Year Built: 1960
Lot Features
- Zoning: Other
Financial Considerations
- Maint. Fee: $6,500
- Maint. Fee/Month: $6,500
- Terms: Cash, Conventional
Disclosures and Reports
- Property ID: 089-152-014
Listed by Colliers International Greater Los Angeles, Inc.
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— 516 N U —
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Schools
Schools serving 516 N U
School District:Lompoc Unified School District
| Name | Grades | Distance |
|---|---|---|
Clarence Ruth Elementary School 501 N Street, Lompoc, CA 93436 | K-6 | 0.5 mi |
Lompoc Valley Middle School 234 S. N St., Lompoc, CA 93436 | 7-8 | 0.8 mi |
Lompoc High School 515 West College Avenue, Lompoc, CA 93436 | 9-12 | 0.6 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 516 N U
Estimate the Cost
Estimate the Cost for 516 N U
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- Single Family
- Active
- Updated 23 hours ago
- 3Beds
- 3Total Baths
- 2,491Sq. Ft.
- Single Family
- Active
- Updated 1 day ago
- 3Beds
- 3Total Baths
- 1,878Sq. Ft.
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- Single Family
- Active
- Updated 2 days ago
- 2Beds
- 2Total Baths
- 1,036Sq. Ft.
- Single Family
- Active
- Updated 1 day ago
- 2Beds
- 2Total Baths
- 1,944Sq. Ft.
- Single Family
- Active
- Updated 2 hours ago
- 4Beds
- 5Total Baths
- 3,440Sq. Ft.
- Single Family
- Active
- Updated 1 day ago
- 2Beds
- 3Total Baths
- 2,123Sq. Ft.
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516 N U, Lompoc, CA 93436 (MLS# 26-491) is a Multi-Family property with 10 units containing 0 bedrooms and 0 full bathrooms. 516 N U is currently listed for $1,500,000 and was received on February 13, 2026. Want to learn more about 516 N U? Do you have questions about finding other Multi-Family real estate for sale in Lompoc? You can browse all Lompoc real estate or contact a Coldwell Banker agent to request more information.