Property Details
About this Property
RE/MAX Commercial is pleased to offer the sale of a prime multifamily development parcel located at 109 South Third Street in Lompoc This one-acre site (Fidelity Passport Report), presents a compelling residential development opportunity in a well-established area of Southeast Lompoc. The property is zoned R-3 PD and is flat, level, and highly buildable with utilities readily available at the street--an ideal foundation for a thoughtful multifamily project. In 2021 the City of Lompoc approved a Mission-style townhome community known as Castillo de Rosas Townhomes. The approved plan envisioned: 24 two-story residential townhome units with three bedrooms and two and one-half baths per unit and individual two-car garages. A cohesive Mission-inspired architectural design. Per 1/29/26 meeting with the City of Lompoc Planning department, planning entitlements are valid through June 17th, 2026. Map is valid until June 17th, 2027 with an additional 2-year extension available. Given the passage of time and evolving housing needs, buyer prospects are encouraged to engage directly with the City as well as the State new guidelines to explore additional density opportunities. The location enhances the appeal: Prime Southeast Lompoc setting with close proximity to West Ocean Avenue and Hw
MLS Listing Information
MLS #
CRPI26015240
MLS Source
California Regional MLS
Days on Site
8
Parking, School, and Other Information
Water
Other
HOA Fee
$0
Zoning
LZ
Neighborhood: Around This Home
Neighborhood: Local Demographics
Nearby Homes for Sale
109 S 3rd St is in Lompoc, CA 93436. This Land is currently priced at $975,000. This address can also be written as 109 S 3rd St, Lompoc, CA 93436.
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This listing information is up-to-date as of January 29, 2026. For the most current information, please contact Michael Puhek
