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Exceptional commercial real estate opportunity at 1120 E. Ocean Avenue in Lompoc, currently operating as the well-known Foster's Freeze. This recognizable restaurant location offers excellent visibility along one of Lompoc's primary commercial corridors, with convenient access for local residents, commuters, and visitors. The property's established identity and prominent street presence make it an attractive opportunity for an owner-user, restaurant operator, investor, or entrepreneur seeking a highly visible location in the heart of Lompoc. The existing restaurant use provides a strong foundation for continued food-service operations or a future commercial concept, subject to applicable approvals. Ideally positioned near residential neighborhoods, businesses, shopping, schools, and other community destinations. Opportunities to acquire recognizable commercial properties in established locations are limited. Buyer to independently verify all property information, zoning, permitted uses, square footage, licensing requirements, and development possibilities. Call now for more details!
Listing agent: Rosemarie Dumadara Koerner DRE #01357107 RosemarieDumadara@gmail.com, Listing office: New America Realty
MLS data updated 10/19/2026, 10:18:52 AM PT
Source: CRMLS, MLS #: PI26152382
Belmont insights
Compare recorded home prices, same-type ZIP sales and mortgage rates.
Jul 21, 2026
Prices use the left axis; mortgage rates use the right. Hover, tap, or focus the chart and use the arrow keys. Red SOLD badges mark recorded sales.
This home · nearest recorded event
$1,899,950Original asking price · Jul 21, 2026ZIP 93436 · Jul 2026
No monthly averageAt least 3 eligible sales in this month are required.30-year fixed mortgage benchmark
No weekly rateNo published rate within 7 days of this date.No recorded sales in this range. Select All available for older records; missing records do not mean the home never sold.
ZIP averages use publicly displayable closed sales from our licensed MLS feed, matched to the same ZIP and exact property type. Months with fewer than 3 sales are omitted; the current month is incomplete. Lines connect available monthly observations across gaps and do not represent measured prices in missing months. These averages are not adjusted for size, condition, or location within the ZIP, and are not an appraisal. Feed coverage may not include every sale. All available shows the available home and ZIP history, with mortgage rates over the same dates.
Mortgage benchmark: Freddie Mac Primary Mortgage Market Survey®. © Freddie Mac. Weekly national 30-year fixed rates, not APRs or a loan quote. Actual terms vary. Methodology changed in November 2022. The chart does not establish that interest-rate changes caused a home’s price changes.
Lines connect recorded asking and sale prices. They are visual guides, not estimates of the home’s value between those dates.
No earlier records were returned by our current sources. This does not mean the home has never sold.
MLS records may be incomplete. Earlier asking prices are not sale prices.