
Lompoc, CA 93436
This property presents a High-Potential Investment Opportunity with a List Price of $389,900—positioned well below the $401,511 Fair Market Value by 2%. This valuation gap offers $11,611 in Instant Equity. Featuring a Fair Condition Rating, the home offers significant upside through cosmetic modernization of the original 1982 interiors. With Dual Primary Suites and a Two-Car Attached Garage, this asset provides strong utility. It is an ideal acquisition for Buy-and-Hold Investors or first-time buyers seeking to build equity through value-add improvements.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1302 W Apricot Subject | $375,000* List Price | 2 | 3 | 1,362 | $298 | - |
A 200 Village Circle Sold | $424,000 | 2 | 2 | 1,263 | $336 | 0.1 mi |
B 267 Village Circle Drive 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 1982, the property is over 40 years old and appears largely original. The kitchen features dated oak cabinetry, laminate counters, wallpaper, and older appliances. While functional and move-in ready, the interior finishes, including the carpet and bathrooms, require modernization to meet current market standards.
The floor plan features two spacious bedrooms, each with its own private en-suite bathroom, providing excellent privacy and utility for roommates or guests.
The inclusion of a two-car attached garage offers significant value, providing secure parking and additional storage space rarely found in this price segment.
The HOA fee covers water, sewer, and exterior maintenance, simplifying the cost of ownership and ensuring the community's curb appeal is professionally managed.
At $525 per month, the association dues are relatively high, which may impact the overall affordability and debt-to-income ratio for budget-conscious buyers.
The washer, dryer, and refrigerator are provided without warranty, indicating potential immediate out-of-pocket expenses for the buyer if these aging units fail.
Located in the Charming Villa de Las Flores community. This desirable property features two spacious bedrooms and two and a half bathrooms. The living room boasts a cozy fireplace and natural light. The kitchen has ample counter space and an island, providing additional space for the household chefs. Each bedroom suite is equipped with its own bathroom. The primary suite offers dual sinks, a generously sized walk-in closet and a balcony area with extra storage. Additional highlights include a two-car attached garage and a lovely front patio area. The HOA covers water, trash, and maintenance of exterior and common areas.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 2.0 | 2.5 |
| Baths | 3.0 | 2.0 |
| Square foot | 1,362 | 1,146 |
| Lot Size | 1,476 | 875 |
| Price | $375.0K | $434.7K |
| Price per sq ft | $275 | $369 |
| Built year | 1982 | 1978 |
| HOA | $525 | $430 |
| Days on market | 47 | 59 |
Sep 3, 2026
$375,000
$389,900
-4% Price Drop
Initial Listing
Jul 24, 2026
$389,900
Initial Listing
Dec 31, 1998
$83,000
Public Record
Oct 28, 1994
$98,000
Public Record