Two Homes. One Property. Endless Investment Possibilities!Discover this beautifully remodeled investment opportunity featuring two legal homes on one lot, offering versatility and rental income in one attractive package. The front residence features 2 bedrooms and 1 bathroom, currently bringing in $1,400 per month, while the rear 1-bedroom, 1 bathroom home generates and additional $1,000 per month- a combined rental income of $2,400 monthly, or $28,800 annually. Fresh interior and exterior paint give the property a refreshed look, complemented by a roof just a couple of years old. A carport and storage shed provide added convenience and valuable extra space. Landlord pays water; tenants pay all other utilities. Whether you're expanding your investment portfolio or looking for a property with multiple income streams, this unique two- home opportunity is one to explore!Two separate homes. Two rent checks. One smart addition to your portfolio.
Multi-familyProperty Type
1920Year Built
6,310 sq ftLot Size
$225Price/Sq.Ft.
Listed by Ronika Nand•DRE #02049136• Real Estate Source Inc.
The primary purpose of the R-1 Zone District is to provide for and protect the atmosphere and lifestyle associated with detached, single-family residential neighborhoods. This zone district is intended as an area for detached single-family residential small lot developments at a maximum allowable density of 5 dwelling units per acre. This chapter further establishes minimum development standards, as depicted in section 6-4-3, table 4.B of this chapter for the R-1 Zone District depicted on the City zoning map.
Permitted uses
Include but are not limited to:
Day care facility
Housing-Single unit
Housing-Multiple units
Housing-Other
Climate risks
1/10 Flood Factor
Minimal risk of a flood reaching the building in the next 30 years
1/10 Fire Factor
Unlikely to be in a wildfire in next 30 years
8/10 Heat Factor
5 days above 102° expected this year, 12 days in 30 years
1/10 Wind Factor
Minimal risk of severe winds over next 30 years
8/10 Air Factor
18 unhealthy days expected this year, 22 days in 30 years
Provided by First Street
Historical weather
Taft, CA • 93268
Average low and high temperatures (°F)
61
39
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45
74
51
77
54
86
62
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68
98
71
99
73
90
69
81
59
66
47
58
42
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Sun exposure
84/ 100
Very good sunlight
Sunscore
There appears to be minimal shading by surrounding buildings, terrain, and vegetation.
9 hrs
5.8 hrs
JuneDecember
Provided by Shadowmap
Redfin Estimate for 122 Lucard St
$239,144
$856 under list price of $240K
Nearby comparable homes
The Redfin Estimate uses 6 recent nearby sales, priced between $189K to $274K.