1309 E Olive, Lompoc, CA 93436, Lompoc, 93436 - 3 bed, 3 bath
1309 E Olive
Lompoc, CA 93436
Property Price
SUMMARY
Analysis of 1309 E Olive, Lompoc, CA 93436 is currently available with a list price of $525,000. The property maintains a Poor Condition Rating (30/100), indicating the property requires renovation and updates to maximize its market potential. This presents opportunities for value-add investors. 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 Experienced Investors and Fix-and-Flip Specialists.
Condition Analysis
OVERALL CONDITION SCORE
Property is extensive renovation needed.
Explicitly marketed as a fixer-upper and value-add project for investors, this 1980-built property requires extensive renovation and significant capital investment to address outdated systems and interior components.
PROSSTRENGTHS & OPPORTUNITIES
- ADU Development Potential
The expansive 9,148 sqft lot features rare alley access, making it an ideal candidate for adding an Accessory Dwelling Unit (ADU) to maximize rental yield or property value.
- Substantial Interior Space
With 2,572 sqft of living area, this 3-bedroom home offers a significantly larger footprint than typical properties at this price point, providing excellent bones for a high-end remodel.
- Strategic Investment Location
Situated near Beattie Park and minutes from Vandenberg Space Force Base, the property is positioned in a high-demand rental market with a consistent tenant base.
CONSRISKS & DEFICIENCIES
- Extensive Renovation Needs
Marketed as a 'value-add' fixer-upper, the property requires a professional contractor and significant capital investment to bring it up to modern market standards.
- Occupancy Limitations
The presence of a current occupant and the instruction not to disturb them may present challenges for immediate access, thorough inspections, or rapid project commencement.
About 1309 E Olive
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.
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1980
- Lot Size
- 9,148 Sq. Ft.
Interior
- Total Bedrooms
- 3
- Total Bathrooms
- 3 (3 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 | 3.0 | 2.0 | 64% |
| Square foot | 2,572 | 1,697 | 89% |
| Lot Size | 9,148 | 6,970 | 75% |
| Price | $525.0K | $625.0K | 19% |
| Price per sq ft | $204 | $377 | 9% |
| Built year | 1980 | 1963 | 71% |
| HOA | $0 | $0 | 50% |
| Days on market | 17 | 185 | 1% |
Pricing History
Listed for Sale
Feb 18, 2026
$525,000
Initial Listing