18343 Lucas Avenue, Sonoma, CA 95476, Sonoma, 95476 - 0 bed, 0 bath
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18343 Lucas Avenue
Sonoma, CA 95476
ACTIVE
CONDITION: GOOD
0Beds
0Baths
1,565Sq Ft
7,225Lot Size
Property Price
LIST PRICE$798,000
EST. MARKET VALUE
$798,000
SUMMARY
This Residential Income Duplex represents a Strong Value Opportunity, listed at a List Price of $798,000, which aligns with its $798,000 Fair Market Value. Featuring a Condition Rating of 3, these two detached cottages offer a rare, versatile layout with updated granite kitchens and modern fixtures. With a combined monthly income of $4,400, the property provides a stable, turnkey revenue stream. This asset is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking a private compound with significant house-hacking potential in the Sonoma Valley.
Estimated Market Value
$798,000
Based on Realkey algorithm analyzing recent comparable sales in Sonoma.
Comparable Sales Map
Comparables within 1 miles sold in recently
Map unavailable.
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 18343 Lucas Avenue Subject | $798,000* List Price | 0 | 0 | 1,565 | $510 | - |
A 17328 Hillside Avenue Active | $975,000 List Price | 0 | 0 | 1,754 | $556 | 0.9 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Good
TeardownExcellent
Property is move-in ready.
Although built in 1960, the property has undergone significant renovations likely within the last 10-15 years. The kitchen features granite countertops and shaker-style cabinetry, and the bathrooms are updated with matching stone counters and modern fixtures. The units appear well-maintained, functional, and are currently tenant-occupied, meeting the criteria for move-in ready condition.
PROSSTRENGTHS & OPPORTUNITIES
- Detached Dual-Living
The rare configuration of two detached cottages on a single parcel provides superior privacy and versatility compared to traditional shared-wall duplexes, making it ideal for a family compound or house-hacking.
- Immediate Income Stream
With both units currently occupied and generating a combined $4,400 per month, the property offers a turnkey investment opportunity with established rental demand in the Sonoma Valley.
- Individual Amenities
Each residence features its own private yard, carport, and dedicated storage, which are premium features that enhance tenant satisfaction and long-term property value.
CONSRISKS & DEFICIENCIES
- Local School Ratings
The assigned elementary school has a low rating of 2/10, which may deter families with young children and potentially limit the pool of future buyers.
- Extended Market Time
Having been on the market for over 120 days, the property may face perception challenges regarding its pricing or condition relative to current market expectations.
About 18343 Lucas Avenue
Two charming cottages on a single parcel offer a rare and versatile opportunity in Sonoma Valley. The one residence features 2 bedrooms and 1 bath, while the second is a well-appointed 1 bedroom, 1 bath cottage. Each enjoys its own private yard, carport, and dedicated storage, with ample additional parking on site. Ideal for an owner-user seeking a private compound, a buyer looking to live in one home while generating income from the other, or as a pure investment propertythis offering benefits from consistent rental demand at this price point. Thoughtfully updated over the years, both homes are inviting and full of character. A truly uncommon find, as duplexes do come to market from time to time, but two detached cottages on one parcel are seldom available in Sonoma Valley. Tenant in 18343 pays $2100/month and tenant in 18345 pays $2300/month.
Property Details
Public Facts
- Property Type
- Duplex
- Year Built
- 1960
- Lot Size
- 7,225 Sq. Ft.
Interior
- Total Bedrooms
- 0
- Total Bathrooms
- -
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $0 / Month
Neighborhood Insights
Sonoma Unified Schools
El Verano Elementary School
Grades K-5 • 0.2 mi
2/10
Sassarini Elementary School
Grades K-5 • 1.6 mi
4/10
Altimira Middle School
Grades 6-8 • 0.7 mi
4/10
Sensitive Facilities
No sensitive facilities data found.
Pricing History
Listed for Sale
Apr 29, 2026
$798,000
Initial Listing
Sold
Aug 2, 2012
$225,000
Public Record