405 N V, Lompoc, CA 93436, Lompoc, 93436 - 3 bed, 2 bath
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Lompoc, CA 93436
This Single Family Residence represents a Strong Value Opportunity, listed at $550,000—positioned above the $509,141 Fair Market Value by 8%. While the list price exceeds the current valuation, the property features a Condition Rating of 4, offering Modern Interior Updates like new flooring and bathrooms. The 7,405 sqft lot provides significant potential for an ADU or custom landscaping. This property is an ideal acquisition for Buy-and-Hold Investors or first-time buyers seeking a well-maintained home with long-term appreciation potential.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 405 N V Subject | $550,000* List Price | 3 | 2 | 1,115 | $457 | - |
A 420 N W Street Pending | $515,000 List Price | 3 | 2 | 1,115 | $462 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1960, the home features newer wood laminate flooring and some bathroom updates, but the kitchen remains dated with older knotty pine cabinetry and appliances. While well-maintained and move-in ready, the property requires modernization of primary systems and the kitchen to meet current standards, and the backyard is currently unfinished dirt.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 7405, living area = 1115.
The home features tastefully updated bathrooms, newer wood laminate flooring, and updated baseboards, offering a move-in-ready aesthetic and reducing immediate renovation costs for the buyer.
Situated on a 7,405 sqft lot, the property provides a spacious backyard with significant potential for outdoor entertaining, gardening, or the addition of an Accessory Dwelling Unit (ADU).
At 1,115 square feet for a three-bedroom configuration, the interior proportions may feel compact, particularly for families requiring larger common areas or substantial storage.
The backyard is currently a 'blank canvas,' meaning the buyer will need to budget additional time and capital to install functional landscaping, hardscaping, or irrigation.
Welcome to this charming and beautifully maintained single-story home located in the heart of Lompoc. Offering 3 bedrooms, 2 bathrooms, and an inviting floor plan, this home provides comfort, functionality, and convenience. Step inside to discover bright living spaces filled with natural light, creating a warm and welcoming atmosphere. The kitchen offers ample cabinetry and workspace while opening to the dining area, making everyday living and entertaining effortless. Tastefully updated bathrooms, newer wood laminate flooring, and updated baseboards add modern touches throughout the home. The spacious bedrooms provide comfortable accommodations and plenty of flexibility for family, guests, or a home office. Outside, the backyard is a blank canvas ready for your personal vision. Whether you dream of creating an outdoor entertaining space, garden retreat, play area, or custom landscaping, the possibilities are endless. The property also features ample parking and a convenient location near schools, parks, shopping, restaurants, and local amenities. Whether you're a first-time homebuyer, looking to downsize, or seeking an investment opportunity, this well-cared-for home offers tremendous value and endless potential. Don't miss your opportunity to own this wonderful Lompoc property!
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 | 1,115 | - |
| Lot Size | 7,405 | - |
| Price | $550.0K | $689.8K |
| Price per sq ft | $493 | $382 |
| Built year | 1960 | 0 |
| HOA | $0 | $0 |
| Days on market | 36 | 55 |
Jun 17, 2026
$550,000
Initial Listing
Mar 17, 2017
$285,000
Public Record