203 E Walnut, Lompoc, CA 93436, Lompoc, 93436 - 3 bed, 2 bath
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Lompoc, CA 93436
This Mixed-Use Residential Property is a Strong Value Opportunity, listed at $599,000—positioned well below the $596,556 Fair Market Value by a negligible margin, reflecting a stable, fair-market entry. Featuring a Condition Rating of 3, the home offers modernized interiors alongside an oversized garage with 10-foot doors, perfect for commercial or hobbyist use. Its flexible zoning provides significant utility for live/work setups. This is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking a versatile, centrally located asset in Lompoc.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 203 E Walnut Subject | $599,000* List Price | 3 | 2 | 1,458 | $409 | - |
A 230 N D Sold | $582,000 | 3 | 2 | 1,487 | $391 | 0.2 mi |
B 516 N L Sold | $580,000 | 3 | 2 | 1,280 | $453 | 0.5 mi |
C 230 N D Street Sold | $582,000 | 3 | 2 | 1,487 | $391 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
While the structure dates back to 1890, the property has received significant recent updates including a renovated kitchen with new stainless steel appliances, fresh interior paint, dual-paned windows, and updated flooring. It is in move-in ready condition; however, the unfinished state of the oversized garage and the basic condition of the backyard prevent it from reaching the 'Excellent' tier.
The property’s flexible zoning allows for a unique live/work setup or small business operation, providing significant utility and value for entrepreneurs or contractors.
Featuring 10-foot roll-up doors and space for 2+ vehicles plus a workshop, the oversized garage is a standout asset for hobbyists or those needing extensive storage.
Built in 1890, the home retains its original character while offering essential modern updates like dual-paned windows, a remodeled kitchen with stainless steel appliances, and new interior paint.
Given the home's 1890 construction, buyers should anticipate potential ongoing maintenance or system upgrades typical of century-old structures.
Situated just one block from PCH Highway 1 and surrounded by commercial uses, the property may experience increased noise levels and reduced residential seclusion.
Built in 1890, this unique 3-bedroom, 2-bath home offers a rare opportunity on a corner lot with flexible mixed-use zoning. Ideal for live/work potential, a small business, or full-time residence, the property blends character with modern updates. The home features new interior paint, dual paned windows, and an open living room with a cozy fireplace. The kitchen has been updated and includes new stainless steel appliances. The indoor laundry includes a washer and dryer for added convenience. A standout feature is the oversized garage with 10-foot roll-up doors, deep enough for 2+ cars plus a workshop--perfect for contractors, hobbyists, or additional storage. The large covered patio provides great outdoor space for relaxing or entertaining. Garage and driveway access are conveniently located off G Street, while the home fronts Walnut Ave. Located just one block off PCH Hwy 1 (H St), this property is surrounded by a mix of residential and commercial uses, offering excellent visibility and accessibility. Enjoy close proximity to Old Town Lompoc with farmers market, restaurants, breweries, shops, and the popular mural walk. With easy access for Santa Barbara commuters and Vandenberg Space Force Base, this property delivers both convenience and versatility in a central location.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 3.0 | 50% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 1,458 | 1,707.5 | 24% |
| Lot Size | 6,970 | 6,970 | 50% |
| Price | $599.0K | $652.5K | 26% |
| Price per sq ft | $411 | $394 | 65% |
| Built year | 1890 | 1963 | 6% |
| HOA | $0 | $0 | 50% |
| Days on market | 31 | 208 | 2% |
May 6, 2026
$599,000
Initial Listing
Jul 19, 2016
$300,000
Public Record
Jan 5, 2010
$170,000
Public Record