Attention investors and house-flippers! This 3-bedroom, 3-bathroom property is the ultimate value-add project in a high-demand rental market. Situated on an expansive lot with rare alley access, the possibilities for maximizing your return are endless. A functional 3 bedroom, 3 bath layout with abundant sqftd that's hard to find in this price point. The oversized backyard and alley access make this an ideal candidate for an Accessory Dwelling Unit (ADU). Live in one, rent the other, or double your rental income. Just down the street is Beattie Park and just minutes from Vandenberg Space Force Base. Bring your contractor and your vision. This is a ''buy low, renovate, and reap the rewards'' scenario in the growing Central Coast market. Please do not disturb current occupant.
MLS #
CRNS26036566
MLS Source
California Regional MLS
Days on Site
2
Bedrooms
Other
Appliances
Other
Dining Room
In Kitchen, Other
Fireplace
Living Room
Flooring
Laminate
Laundry
Other
Cooling
None
Heating
Forced Air
Roof
Tile
Foundation
Slab
Pool
None
Style
Ranch
Garage/Parking
Attached Garage, Other, Garage: 2 Car(s)
Elementary District
Lompoc Unified
High School District
Lompoc Unified
HOA Fee
$0
1309 E Olive is a Single Family Residence in Lompoc, CA 93436. This 2,572 square foot property sits on a 9,148 Sq Ft Lot and features 3 bedrooms & 3 full bathrooms. It is currently priced at $525,000 and was built in 1980. This address can also be written as 1309 E Olive, Lompoc, CA 93436.
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This listing information is up-to-date as of February 19, 2026. For the most current information, please contact Cody Wilcoxson, (805) 748-2477