512 S T Street, Lompoc, CA 93436, Lompoc, 93436 - 2 bed, 2 bath
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Lompoc, CA 93436
This Single-Family Residence presents a High-Potential Investment Opportunity with a List Price of $585,000—positioned well below the $588,008 Fair Market Value by 0.5%. This valuation gap offers $3,008 in Instant Equity. Featuring a Condition Rating of 4, the property requires cosmetic modernization, yet offers a functional layout with a cozy fireplace and private backyard patio. This is an ideal acquisition for Buy-and-Hold Investors or first-time buyers seeking to build value through strategic renovations in a prime Central Coast location.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 512 S T Street Subject | $585,000* List Price | 2 | 2 | 1,341 | $438 | - |
A 1309 W Willow Avenue Sold | $544,000 | 3 | 2 | 1,219 | $446 | 0.1 mi |
B 420 N W Street Pending | $515,000 List Price | 3 | 2 | 1,115 | $462 | 1.0 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1963 with renovations that appear to be 25-30 years old. The bathroom features dated pink tile and an oak vanity, while the living areas contain older wall-to-wall carpeting and a vintage wet bar. The property is functional and well-maintained but requires significant cosmetic updates and likely system modernizations.
The home features sliding glass doors in both the dining area and the primary bedroom, providing excellent flow to the backyard for gardening and entertaining.
With 1,341 square feet for a two-bedroom residence, the property offers a generous floor plan including a functional kitchen bar and a cozy fireplace.
Conveniently situated near local parks, schools, and shopping, with the added benefit of being a short drive from Lompoc’s renowned wineries and beaches.
The presence of wall-to-wall carpeting and 1960s-era styling suggests the home may require cosmetic updates to meet modern buyer preferences.
The two-bedroom configuration may restrict the property's appeal for larger families or those needing multiple dedicated home office spaces.
Welcome to this charming single-level home located at 512 South T Street in Lompoc. Offering 2 bedrooms and 1.5 bathrooms, this home provides a comfortable layout with great potential and a convenient location.Inside, the living and dining areas feature wall-to-wall carpeting and a cozy fireplace, creating a warm and inviting space to relax or entertain. The dining area includes sliding glass doors that open to the backyard, allowing for easy indoor-outdoor living. The spacious kitchen is well-equipped with a built-in dishwasher, freestanding gas range, refrigerator, and a convenient bar area that connects to the dining space.Wood flooring runs through the hallways, adding durability and contrast to the living spaces. The secondary bedroom features wall-to-wall carpeting, while the primary bedroom offers a double closet, carpeted flooring, sliding glass doors to the backyard, and a private ensuite bathroom.Step outside to enjoy the backyard space, ideal for relaxing, gardening, or entertaining.Conveniently located near local parks, schools, shopping, and dining, and just a short drive to Lompoc's renowned wineries and beautiful Central Coast beaches, this home offers a great opportunity to enjoy both comfort and coastal lifestyle.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 2.0 | 3.0 | 2% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 1,341 | 1,689.5 | 22% |
| Lot Size | 6,534 | 6,969.8 | 44% |
| Price | $585.0K | $647.0K | 26% |
| Price per sq ft | $436 | $394 | 76% |
| Built year | 1963 | 1963 | 50% |
| HOA | $0 | $0 | 50% |
| Days on market | 24 | 206 | 2% |
May 13, 2026
$585,000
Initial Listing