Santa Barbara County · Multifamily brokerage
Lompoc apartment building sales
Lompoc sits in the Lompoc Valley next to Vandenberg Space Force Base. It is the North County city where we have closed the most sales, nearly all of them apartment buildings.
Since 2003 we have closed 37 transactions in Lompoc, totaling 664 units. The most recent closed in October 2025.
Market figures are the Santa Barbara North County submarket's, which includes Lompoc: Radius proprietary research, calendar year 2025, vacancy as of Q4 2025. Our closings and listings are the Golis Team's own in Lompoc.
Track Record
What we've sold in Lompoc.
733 N C St
Lompoc · 22 Units · Multifamily
$2,600,000 · October 2025
310 S H St
Lompoc · Multifamily
$2,075,000 · August 2025
118 N B St
Lompoc · 6 Units · Multifamily
$1,200,000 · June 2024
625 N B St
Lompoc · 12 Units · Multifamily
$2,400,000 · May 2024
221 N N St
Lompoc · 12 Units · Multifamily
$1,500,000 · October 2019
723-725 N 4th St
Lompoc · 13 Units · Multifamily
$1,477,272 · March 2017
All 37 of our Lompoc closingsShow the list
| Property | Type | Units | Price | Per unit | Closed | We represented |
|---|---|---|---|---|---|---|
| 733 N C St | Multifamily | 22 | $2,600,000 | $118K | October 2025 | Buyer |
| 310 S H St | Multifamily | — | $2,075,000 | — | August 2025 | Both sides |
| 40-414 N I St & 411 – 415 N H Street | Multifamily | 29 | $4,875,000 | $168K | February 2025 | Buyer |
| 220-222 South H Street | Multifamily | 6 | $1,700,000 | $283K | September 2024 | Seller |
| 118 N B St | Multifamily | 6 | $1,200,000 | $200K | June 2024 | Both sides |
| 625 N B St | Multifamily | 12 | $2,400,000 | $200K | May 2024 | Both sides |
| 221 N N St | Multifamily | 12 | $1,500,000 | $125K | October 2019 | Buyer |
| 723-725 N 4th St | Multifamily | 13 | $1,477,272 | $114K | March 2017 | Seller |
| 210-218 N M St | Multifamily | 18 | $2,045,454 | $114K | March 2017 | Seller |
| 601-613 W Ocean Ave | Multifamily | 24 | $2,727,272 | $114K | March 2017 | Seller |
| 375 Burton Mesa Blvd | Multifamily | 14 | $1,835,000 | $131K | July 2016 | Seller |
| 118 N B St | Multifamily | 6 | $575,000 | $96K | September 2015 | Both sides |
| 625 N B St | Multifamily | 12 | $1,127,500 | $94K | August 2015 | Buyer |
| 325 Burton Mesa Blvd | Multifamily | 33 | $3,969,643 | $120K | March 2014 | Both sides |
| 3910 Mesa Circle Dr | Multifamily | 38 | $3,575,000 | $94K | March 2014 | Both sides |
| 3986 Mesa Circle Dr | Multifamily | 51 | $5,455,357 | $107K | March 2014 | Both sides |
| 709 - 713 N E St | Multifamily | 12 | $510,000 | $43K | May 2012 | Both sides |
| 620 N 4th St | Multifamily | 4 | $300,000 | $75K | April 2011 | Both sides |
| 325 N M St | Multifamily | 48 | $4,650,000 | $97K | April 2011 | Both sides |
| 709 N D St | Multifamily | 9 | $765,000 | $85K | November 2008 | Seller |
| 700 N E St | Multifamily | 6 | $570,000 | $95K | November 2008 | Seller |
| 2 Thru 54 Palm Dr | Multifamily | 40 | $7,100,000 | $178K | March 2008 | Both sides |
| 603 E WALNUT Ave | Multifamily | 6 | $605,000 | $101K | December 2007 | Seller |
| 375 Burton Mesa Blvd | Multifamily | 14 | $1,800,000 | $129K | August 2007 | Buyer |
| 1005 E OCEAN Ave | Office | — | $525,000 | — | May 2007 | Both sides |
| 624 N 4TH St | Multifamily | 4 | $620,000 | $155K | March 2007 | Seller |
| 326 N H St | Office | — | $1,080,000 | — | December 2006 | Seller |
| 616 N 4th St | Multifamily | 4 | $633,000 | $158K | November 2006 | Seller |
| 513 N G St | Land | — | $580,000 | — | November 2006 | Seller |
| 240 W Pine Ave | Multifamily | 48 | $3,600,000 | $75K | November 2005 | Both sides |
| 210 N M St | Multifamily | 6 | $4,275,000 | $713K | October 2004 | Seller |
| 2 Thru 54 Palm Dr | Multifamily | 40 | $5,275,000 | $132K | April 2004 | Seller |
| 612 N 4th St | Multifamily | 12 | $1,315,000 | $110K | March 2004 | Buyer |
| 616 N 4th St | Multifamily | 4 | $1,315,000 | $329K | March 2004 | Seller |
| 800 Laurel Ave | Multifamily | 94 | $8,000,000 | $85K | August 2003 | Buyer |
| 601 W Ocean Ave | Multifamily | 12 | $3,200,000 | $267K | June 2003 | Buyer |
| 312 & 314 N K St | Multifamily | 5 | $675,000 | $135K | Seller |
These are the Golis Team's own closings, grouped by each property's mailing city, not a record of every sale in Lompoc. Mailing cities don't always follow city limits, so an address here can sit just outside the City of Lompoc. How we count.
Apartment buildings we've sold, by size
- 2–4 units4
- 5–19 units18
- 20–49 units9
- 50+ units2
Median building size: 12 units.
Who we represented
- Represented the seller16
- Represented the buyer8
- Represented both sides13
Multifamily 34 · Office 2 · Land 1
Available Now
For sale in Lompoc.
Nothing is listed in Lompoc right now. Many of our sales start as a quiet conversation with a buyer we already know, so if you own a building here, or want to hear about one before it reaches the market, talk to us.
Rent Rules
Does Lompoc have rent control?
We are not aware of a local rent cap on apartments. The state cap applies.
- California's Tenant Protection Act (AB 1482) limits yearly increases on most apartments more than 15 years old to 5% plus the regional change in CPI, never more than 10%, and requires just cause to end most tenancies after 12 months.
- Lompoc's local rent rules, as we understand them, apply to mobile home park spaces rather than apartments. Confirm current local rules with the City before relying on this summary.
Sources
City of Lompoc rules as summarized on October 12, 2026. A summary, not legal advice: rules change, and exemptions turn on the details of a property and tenancy. Confirm with the City of Lompoc or an attorney before acting.
The Wider Market
Lompoc sits in our Santa Barbara North County report.
What draws buyers to Santa Barbara North County
- The Central Coast’s best in-place cash flow — higher cap rates and lower entry prices.
- Governed by AB 1482 rather than a local RSO, giving owners more room on rent resets.
- A real value-add runway: older stock with room to renovate and push rents.
What gives Santa Barbara North County buyers pause
- Softer occupancy than the coast, particularly in Lompoc and Santa Maria.
- Weaker rent growth and more sensitivity to the local economic cycle.
- Tenant stability can swing with the agricultural and labor-market cycle.
These points, like the market figures at the top of the page, describe the whole Santa Barbara North County submarket, not Lompoc alone.
Research
Reading for Lompoc owners.
AB 1482 in Plain English: Statewide Rent Caps and Just-Cause
The AB 1482 rent cap is 8.6% in Santa Barbara, Ventura and SLO counties through July 2027: the math, exemptions, just cause and stricter local rules.
How to Read a Rent Roll: A Buyer's Checklist
What a complete rent roll shows, how to tie it to the T-12 and bank deposits, and the California and Santa Barbara rules that decide what it's worth.
Central Coast Multifamily: Q1 2026 Market Report
Q1 2026 Central Coast multifamily: 18 sales of 5+ unit buildings for $307 million, plus 17 South Santa Barbara County 2–4 unit sales.
Frequently Asked
Lompoc,
answered.
Short answers to what Lompoc owners and buyers ask us, from our own closings and the current rules.
How many properties has the Golis Team sold in Lompoc?
Since 2003, we have closed 37 transactions in Lompoc, totaling 664 units. The most recent closed in October 2025.
What do apartment buildings sell for in Lompoc?
Lompoc is part of the Santa Barbara North County submarket, where apartment buildings averaged $178,532 per door at a 4.72% average cap rate across 11 sales in 2025 (Radius proprietary research). Our most recent apartment sale there was 733 N C St, 22 units, at $2,600,000 in October 2025. A broker opinion of value prices a specific building against current comparables.
Does Lompoc have rent control?
We are not aware of a local rent cap on apartments. The state cap applies. California's Tenant Protection Act (AB 1482) limits yearly increases on most apartments more than 15 years old to 5% plus the regional change in CPI, never more than 10%, and requires just cause to end most tenancies after 12 months. (Summary as of October 12, 2026; not legal advice.)
Which market report covers Lompoc?
Lompoc is part of our Santa Barbara North County report, which has the submarket's 2025 cap rate, price per door and volume, its Q4 2025 vacancy, and our commentary on where the market is heading.
Can I get a confidential valuation of my Lompoc apartment building?
Yes. A broker opinion of value from the Golis Team is free and confidential, with no obligation to list. It is built on our own closed sales and current rents. Request one at https://www.centralcoastmultifamily.com/apartment-building-valuation or call 805-728-5561.
Own an apartment building in Lompoc?
A broker opinion of value is free and confidential, with no obligation to list. We price it against our own closings and current rents, and walk you through the number.