1100 N Third Street, LOMPOC, CA 93436, LOMPOC, 93436 - 3 bed, 2 bath
1100 N Third Street
LOMPOC, CA 93436
Property Price
SUMMARY
Analysis of 1100 N Third Street, LOMPOC, CA 93436 reveals a property with a current list price of $550,000, which is 6% above the estimated $516,605 Fair Market Value. Buyers should carefully evaluate the pricing and consider negotiation opportunities. The property maintains a Good Condition Rating (78/100), reflecting solid structural condition with well-maintained systems. The property presents an attractive opportunity for buyers seeking a move-in ready home. Located in a high-demand neighborhood within the LOMPOC Unified School District, this asset is categorized as a low-risk, high-reward acquisition suitable for both Buy-and-Hold Investors and Owner-Occupants willing to undertake light renovation work.
Estimated Market Value
Comparable Sales Map
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1100 N Third Street Subject | $550,000* List Price | 3 | 2 | 1,036 | $499 | - |
A 900 E Lemon Avenue Sold | $580,000 | 3 | 2 | 1,232 | $471 | 0.3 mi |
B 424 N 2nd Street Sold | $480,000 | 3 | 2 | 1,200 | $400 | 0.7 mi |
C 1216 E Lemon Avenue Sold | $640,000 | 4 | 2 | 1,286 | $498 | 0.2 mi |
D 321 N 6th Sold | $570,000 | 3 | 2 | 1,242 | $459 | 0.9 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
OVERALL CONDITION SCORE
Property is move-in ready.
The property is move-in ready and features a recently modernized kitchen with contemporary finishes. While the home was built in 1961, it has been well-maintained with updated flooring and bright living spaces. It meets the 'good' criteria as it is functional and updated in key areas, though it has not undergone a full-scale recent renovation of all major systems.
PROSSTRENGTHS & OPPORTUNITIES
- Expansive Corner Lot
The property is situated on a large corner lot with a spacious backyard, providing excellent privacy and significant potential for outdoor entertaining, gardening, or future ADU expansion.
- Modernized Kitchen
The home features a recently updated kitchen that blends contemporary style with functional convenience, offering a move-in ready experience for buyers seeking modern finishes.
- Value-Add Potential
With room for personal touches and expansion possibilities, this property offers a great opportunity for first-time buyers or investors to build equity through future enhancements.
CONSRISKS & DEFICIENCIES
- Compact Living Space
At 1,036 square feet for a three-bedroom, two-bathroom layout, the interior living areas and bedrooms may feel restrictive for larger families or those requiring more storage.
- Aging Infrastructure
Built in 1961, the property may require ongoing maintenance or updates to older mechanical systems and insulation typical of homes from this era.
About 1100 N Third Street
This charming corner-lot home, nestled in a mature and established neighborhood, offers an efficient floor plan with bright living spaces, cozy bedrooms, and an updated kitchen that blends modern style with everyday convenience. Move-in ready while still providing room for personal touches or future enhancements, it features an expansive backyard perfect for entertaining, gardening, pets, or exploring expansion and value-add possibilities. Convenient to schools, parks, shopping, and amenities, it's ideal for first-time buyers, downsizers, or investors. A wonderful opportunity to personalize, build equity, and grow!
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1961
- Lot Size
- -
Interior
- Total Bedrooms
- 3
- Total Bathrooms
- 2 (2 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $0 / Month
Neighborhood Insights
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 3.0 | 50% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 1,036 | 1,692 | 3% |
| Lot Size | - | 6,970 | 9% |
| Price | $550.0K | $625.0K | 22% |
| Price per sq ft | $531 | $377 | 94% |
| Built year | 1961 | 1963 | 28% |
| HOA | $0 | $0 | 50% |
| Days on market | 7 | 185 | 1% |
Pricing History
Listed for Sale
Feb 28, 2026
$550,000
Initial Listing