314 S I St

Lompoc, CA 93436

$790,000
Last Sold Price
6
Beds
2,945 Sq. Ft.
$268 / Sq. Ft.
2,945
Sq. Ft.
$268
per Sq. Ft.
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Closed 10/25/23
Closed 10/25/23
Front View
Front View
Front View
Walkway to Rear Unit
Front Walkway Cover
Living Room
Living and Dining Room
Dining Room
Dining Room
Kitchen
Kitchen
Kitchen
Kitchen
Family Room
Family Room
Family Room
Hallway
Master Bedroom
Bedroom 2
Bedroom 2
Bedroom 3
Bedroom 3
Office/Bedroom 4
Office / Bedroom 4
Office/Bedroom 4
Laundry
Bathroom 1
Bathroom 1
Bathroom 1 Shower
Bathroom 2
Bathroom 2
Bathroom 2
Front Patio
Front Patio
Walkway to Rear Unit
Front Unit B
Front Unit B
Unit B Entrance
Living Room Unit B
Dining Area Unit B
Unit B DIning and Living Room
Unit B Kitchen
Laundry/Bathroom Unit B
Unit B Downstairs Bathroom
Bathroom 2 Unit B
Stairwell
Unit B Stairwell
Unit B Master Bedroom
Master Bedroom Balcony
Unit B Bedroom 2
Unit B Upstairs Bathroom
Unit B Upstairs Bathroom
Upstairs Bathroom Unit B
Walkway to Street
Rear Patio Front Home
Play/RV/Parking ADU
Storage in front of ADU
Exterior from Alley
Exterior from Alley
ADU plans

Description

Looking for a quality older home to live in or a multi-unit investment property in Lompoc's historic desirable southside area? If so, this one's for you! Rarely available charming 1937 home that has 4 beds, 2 baths, 1,881 sqft, along with a quality permitted second unit built in 1992 that has 2 bedrooms, 2 baths and 1,064 sqft. of living space. Want to INCREASE YOUR INCOME rather than have an oversized garage? Yes, you have the option to convert the garage to an ADU as the current owner has plans...Looking for a quality older home to live in or a multi-unit investment property in Lompoc's historic desirable southside area? If so, this one's for you! Rarely available charming 1937 home that has 4 beds, 2 baths, 1,881 sqft, along with a quality permitted second unit built in 1992 that has 2 bedrooms, 2 baths and 1,064 sqft. of living space. Want to INCREASE YOUR INCOME rather than have an oversized garage? Yes, you have the option to convert the garage to an ADU as the current owner has plans that were approved from the city of Lompoc to convert the garage into a 1 bed 568 sqft ADU. Please know that no expense was spared as the front house and rear unit have separate meters (gas, electrical and water) and all are underground. What makes this home unique is that it can serve many purposes! First, if you are an investor, convert the garage to a 1 bed ADU and rent the large home, the second unit and the ADU for income. A local property management company stated that the current market rent for the two homes is $4,900 and with the ADU the total market rent for the 3 units would be $6,500. Second, if you have in-laws or a parent that you need to take care of or needs assistance, let them live in the second unit as that was the purpose it served for 28 years. Third, if you are looking at buying a quality home to live in to take advantage of owner-occupied financing, you can occupy the large 1,881 sqft home and receive rent for the 2-bedroom unit and the ADU to help pay your
  1. Listed by Francis Frank Hain • DRE #00951410 • Hain Associates Real Estate
    P: (805)-588-4748 C: (805)-588-4748 hainandassociates@gmail.com

Amenities

  • Patio
  • Garage
  • Fireplace
  • Forced Air
LISTING UPDATED: 09/30/2024 08:55 PM

Property Details for 314 South I Street

StatusClosed
MLS #23001713
Days on Market8
Taxes-
HOA Fees-
Condo/Co-op Fees-
Property TypeMulti Family
MLS TypeResidential Income / Multi Family
Year Built1937
Lot Size0.16 AC / 6,970 SF
CountySanta Barbara County
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Location

Listing Courtesy of Hain Associates Real Estate, Francis Frank Hain, DRE #00951410

Sold By Unknown Office, Default Non Member, DRE #nonmember

Add your commute

Building Information for 314 South I Street

Stories-Residences2Year Built1937Building Size-Lot Size0.16 AC / 6,970 SF

Payment Calculator

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$4,838 per month

30 year fixed, 6.46% Interest

Principal and Interest

$3,978

Property Taxes

$860

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

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Property Information for 314 South I Street

Summary
Location and General Information
  • Postal Code Plus4: 93436
  • Zoning Description: Multi-Fam R2
  • Directions: South on H St, West on Ocean Ave., South on I Street. Property is on left side.
  • MLSArea Major: 60 - Lompoc
  • Latitude: 34.635189
  • Longitude: -120.458857
  • MLSArea Minor: 60 - Lompoc
  • Zone Description: Multi-Fam R2
Taxes and HOA
  • Association Fee: $0
  • Parcel Number: 085-231-014
Parking
  • Parking Features: Garage, Street
  • Parking: Street, Garage
Property
Lot Information
  • Lot Features: Level
  • Lot Size Source: Other
  • Lot Size Square Feet: 6970.0
  • Lot Size Acres: 0.16
  • Building Area Source: Appraiser
  • Building Area Total: 2945.0
  • Lot Size Area: 0.16
  • Lot Size Units: Acres
  • Lot Characteristics: Alley, Level
Property and Assessments
  • Site Improvements: Curbs/Gutter, Paved Streets, Sidewalks, Street Lights
  • Reports Available: None
  • Owner Phone: 805-588-4748
  • Possession: Close Of Escrow
  • Floor Plans Count: 0
  • Property Type: B
  • Year Built: 1937
  • Property Sub Type: Multi Family
Utilities
  • Water Source: Public
  • Sewer: Public Sewer
  • Electric: True
  • Water: Public
  • Separate Meters: Electric, Gas, Water
Multi Family
Income & Expenses
  • Operating Expense Includes: Insurance, PRP Tx/Assessment
  • Operating Expense: Insurance, PRP Tx/Assessment
  • Income Source: Projected
Multi Family Information
  • Number Of Units Total: 2
Interior and Exterior Features
Exterior Features
  • Construction Materials: Stucco
  • Roof: Composition, Shingle
  • Foundation Details: Pillar/Post/Pier, Slab, None
  • Concessions: Yes
  • Patio And Porch Features: Patio
  • Community Features: Sidewalks
  • Exterior: Stucco
  • Exterior Features: Decks, Fenced, Patio, Yard Sprinklers
  • Roof Description: Composition, Shingle
  • Additional Buildings: Tool Shed
Interior Features
  • Levels: One, Two
  • Cooling: Ceiling Fans, None
  • Heating: Forced Air
  • Bathrooms Total Integer: 4
  • Bathrooms Total Decimal: 3.25
  • Bathrooms Total Notational: 4.0
  • Cooling YN: No
  • Heating YN: Yes
  • Bedrooms Total: 6
  • Bathrooms Full: 1
  • Bathrooms Three Quarter: 3
  • Foundation: Pillar/Post/Pier, Slab
  • Laundry: In Each Unit
  • Interior Features: Dual Pn Windows
  • Additional Heating: Forced Air
  • Air Conditioning: Ceiling Fans, None
Rental
Rent Information
  • Occupant Name: On File
  • Tenant Pays: Electricity, Gas, Trash Collection, Water
  • Owner Pays: Insurance, Taxes
  • Tenant Pays: Electricity, Gas, Trash Collection, Water
  • Landlord Pays: Insurance, Taxes

Property History for 314 South I Street

DateEvent & SourcePriceAppreciation
Oct 25, 2023

Sold

NSBCMLS #23001713

$790,000—
Oct 6, 2023

Pending

NSBCMLS #23001713

—
Oct 6, 2023

Sold (Public Record)

Public Record #1520767390

$790,000—
DateEvent & SourcePrice
10/25/2023

Sold

NSBCMLS #23001713

$790,000
10/06/2023

Pending

NSBCMLS #23001713

—
10/06/2023

Sold (Public Record)

Public Record #1520767390

$790,000

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 314 South I Street

Taxable ValueLand$204,000Additions$696,800Total$900,800
Tax Record2025$10,318 ($860 / month)
Home Facts
Total Finished SqFt3,427 SqFtAbove Grade Finished SqFt3,427 SqFtLot Size6,969 SqFtStyleDuplexYear Built1937CountySANTA BARBARAAPN085-231-014

Schools near 314 South I Street

This home is within Lompoc Unified School District.
Rating
School
Type
Grades
Distance
Arthur Hapgood Elementary School
Public - K to 6
Lompoc Valley Middle School
Public - 7 to 8
Lompoc High School
Public - 9 to 12
Dr Bob Forinash Community Day
Public - 7 to 12
Rating
School
Distance
Arthur Hapgood Elementary School
PublicK to 6

Lompoc Valley Middle School
Public7 to 8

Lompoc High School
Public9 to 12

Dr Bob Forinash Community Day
Public7 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass, Inc., its subsidiaries, affiliates and their agents and associated third parties expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Hain Associates Real Estate, Francis Frank Hain, DRE #00951410

Based on information from one of the following Multiple Listing Services: Santa Barbara MLS and North Santa Barbara County Regional MLS. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by Santa Barbara MLS and North Santa Barbara County Regional MLS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.