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516 N U, 
Lompoc, CA 93436

$1,500,000

—

Bed

—

Bath

-

Sq Ft

Multi-Family

Active

Listed by

Michael Lopus

Colliers International Greater Los Angeles, Inc.

Last updated:

February 13, 2026, 09:07 PM

MLS#

26-491

Source:

SBAOR

About This Home

516 N U

516-520 N U Street presents a prime value‑add multifamily opportunity in the City of Lompoc. The property consists of ten 1‑bed/1‑bath units with current rents notably below market, offering substantial upside through strategic renovations and rent repositioning. Situated on a 13,938 SF lot, the asset benefits from steady local rental demand and proximity to key employers, services, and community amenities. With clear pathways to enhance income and long‑term value, this offering is well‑suited for investors seeking growth potential in a supply‑constrained Central Coast market.

Home Facts

Multi-Family

Built in 1960

Price Summary

1,500,000

MLS #:

26-491

Last Updated:

February 13, 2026, 09:07 PM

Added:

4 day(s) ago

Structure

Structure

Year Built:

1960

Finances & Disclosures

Finances

Price:

$1,500,000

Source:SBAOR
Based on information from the Santa Barbara MLS as of February 17, 2026 Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.

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Contact an Agent

Yes, I would like more information. Please use and/or share my information with a Coldwell Banker ® affiliated agent to contact me about my real estate needs. By clicking Contact, I request to be contacted by phone or text message and consent to being contacted by automated means. I understand that my consent to receive calls or texts is not a condition of purchasing any property, goods, or services. Alternatively, I understand that I can access real estate services by email or I can contact the agent myself.

If a Coldwell Banker affiliated agent is not available in the area where I need assistance, I agree to be contacted by a real estate agent affiliated with another brand owned or licensed by Anywhere Real Estate (BHGRE®, CENTURY 21®, Corcoran®, ERA®, or Sotheby's International Realty®). I acknowledge that I have read and agree to the terms of use and privacy notice.