1109 W Cypress, Lompoc, CA 93436, Lompoc, 93436 - 2 bed, 2 bath
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Lompoc, CA 93436
This property presents a High-Potential Investment Opportunity with a List Price of $355,000—positioned well above the $322,508 Fair Market Value by 10%. While the property requires cosmetic updates, its Fair Condition Rating and proximity to schools and the military base provide a stable foundation for value-add improvements. Featuring an attached two-car garage and dual patios with unique rocket launch views, this home offers significant lifestyle appeal. It is an ideal acquisition for Buy-and-Hold Investors or first-time buyers looking to build equity through personalization.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1109 W Cypress Subject | $355,000* List Price | 2 | 2 | 987 | $327 | - |
A 267 Village Circle Drive Sold | $425,000 | 3 | 2 | 1,256 | $338 | 0.3 mi |
B 225 Village Circle Sold | $415,000 | 3 | 2 | 1,256 | $330 | 0.2 mi |
C 23 Village Circle Drive Active | $379,000 List Price | 2 | 2 | 1,084 | $350 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1985 (39 years old), the property is dated and maintains many original features, particularly in the bathrooms which show older vanities and fixtures. While the living area has updated laminate flooring, the overall condition requires cosmetic modernization and minor repairs as noted in the listing description.
The property is ideally situated within one mile of elementary, junior high, and high schools, and offers quick access to the local military base, making it highly attractive for families and service members.
Features an attached two-car garage with a built-in workbench and a convenient layout with laundry hookups located inside the second bedroom for easy access.
Located just five minutes from the beach, the home offers front and back patios that provide a front-row seat to SpaceX rocket launches, adding significant lifestyle value.
The property requires cosmetic updates and minor repairs, as the listing indicates that several parts of the home could use additional care.
A monthly association fee of $465 represents a significant recurring expense relative to the property's size and price point.
Welcome home. This 2-bedroom, 1½-bath house is just steps from the park. It’s a great fit for a growing family and is in a perfect spot for schools—elementary, junior high, and high school are all within a mile. The home is close to the side entrance of the Military base and only a five-minute drive to the surf beach. Pismo Beach and several wineries are also nearby. The master bedroom is spacious, with its own bathroom and access to a back patio. The second bedroom is smaller and includes the washer and dryer hookups, making laundry easy without needing to use stairs. There’s an attached two-car garage with a built-in workbench. Both the front and back patios are great spots to watch SpaceX rocket launches. Some parts of the house could use a little care.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 2.0 | 0.0 |
| Baths | 2.0 | 0.0 |
| Square foot | 987 | - |
| Lot Size | 474 | - |
| Price | $355.0K | $420.0K |
| Price per sq ft | $360 | $334 |
| Built year | 1985 | 0 |
| HOA | $465 | $0 |
| Days on market | 37 | 45 |
Jun 16, 2026
$355,000
Initial Listing
Apr 11, 2001
$93,000
Public Record