
Lompoc, CA 93436
This property presents a High-Potential Investment Opportunity with a List Price of $495,000—positioned well below the $505,497 Fair Market Value by 2%. This valuation gap offers $10,497 in Instant Equity for buyers willing to execute a renovation plan. With a Condition Rating of 4, the home requires cosmetic updates and system modernization. The 1893 historic architecture and corner lot provide a unique foundation for value-add projects, making this an ideal acquisition for Fix-and-Flip Investors or DIY Enthusiasts.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 303 S J Street Subject | $495,000* List Price | 3 | 2 | 1,362 | $363 | - |
A 203 E Walnut Sold | $586,609 | 3 | 2 | 1,458 | $402 | 0.4 mi |
B 1317 W Willow Sold | $635,000 | 4 | 2 | 1,616 | $393 | 0.8 mi |
C 230 N D Sold | $582,000 | 3 | 2 | 1,487 | $391 | 0.6 mi |
D 1408 W Walnut Avenue Sold | $430,000 | 3 | 2 | 1,576 | $273 | 0.9 mi |
E 512 S T Street Pending | $529,000 List Price | 2 | 2 | 1,341 | $394 | 0.7 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1893, this historic home shows signs of aging with dated bathroom tiling and fixtures likely from a 20+ year old renovation. The listing description explicitly mentions the need for 'TLC' and 'sweat equity,' indicating that while functional, the property requires cosmetic updates and potential system maintenance to meet modern standards.
Known as the 'Duarte Home,' this 1893 residence features unique vintage details including soaring 11-foot ceilings, transom windows, and a classic bay window that offer a level of charm and personality not found in modern builds.
Situated on a desirable corner lot with no HOA fees, the property is centrally located near Old Town Lompoc's dining and shopping, while offering a convenient commute to Vandenberg Space Force Base and the Santa Ynez Valley.
The home boasts an established drought-tolerant native plant garden and a fully fenced backyard, providing an eco-friendly, low-maintenance landscape and a private outdoor space for pets and entertaining.
The property is marketed as needing 'TLC' and is best suited for DIY enthusiasts or investors, indicating that significant sweat equity and financial investment are required to address its current condition.
Given the home's 1893 construction date, potential buyers should anticipate challenges associated with older building systems, such as electrical, plumbing, or insulation, which may require modernization.
Back on the market at no fault of the sellers or the home! Buyer financing fell through, creating a rare second chance to own this truly one-of-a-kind property.Welcome to a truly special and charming 3-bedroom, 2-bathroom home that is full of unique personality! Known locally as the Duarte Home, this 1893 home has a wonderful local history and stands out with fantastic features you just don't find in newer builds.Perfect for handy homeowners, DIY enthusiasts, or investors, this property is a fantastic opportunity to bring your own vision to life and build sweat equity with a little TLC. Great for anyone seeking Central Coast living, you are greeted by a beautiful, established drought-tolerant native plant garden lining the walkway to the classic covered front porch. Inside, the open-feel floor plan feels incredibly bright and spacious thanks to soaring 11-foot ceilings, large windows that let in tons of natural light, a lovely dining room bay window, and vintage transom details.Set on a desirable corner lot, the property features a fully fenced backyard that offers a private, secure outdoor living space perfect for relaxing, pets, or weekend get-togethers. This home offers an incredible, affordable opportunity to own a piece of the valley with no HOA fees. Centrally located just minutes from Old Town Lompoc's local dining, shopping, and parks, and offering a quick, easy commute to Vandenberg Space Force Base, Santa Ynez Valley wine country, or the beach. If you are looking for an affordable home with real character and charm, this is a must-see.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 0.0 |
| Baths | 2.0 | 0.0 |
| Square foot | 1,362 | - |
| Lot Size | 6,098 | - |
| Price | $495.0K | $689.8K |
| Price per sq ft | $363 | $382 |
| Built year | 1893 | 0 |
| HOA | $0 | $0 |
| Days on market | 76 | 55 |
May 8, 2026
$495,000
Initial Listing
Aug 20, 2019
$355,000
Public Record
Apr 20, 2016
$319,000
Public Record
May 8, 2006
$270,000
Public Record