1964 Arnold Way, Alpine, California 91901, Alpine, 91901 - 6 bed, 4 bath
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1964 Arnold Way
Alpine, California 91901
ACTIVE
CONDITION: FAIR
6Beds
4Baths
2,132Sq Ft
6,128Lot Size
Property Price
LIST PRICE$949,000
EST. MARKET VALUE
$1,009,231
5% BelowMARKET VALUE
SUMMARY
This duplex presents a Strong Value Opportunity, listed at $949,000—positioned well below the $1,009,231 Fair Market Value by 5%. This valuation gap offers $60,231 in Instant Equity for the buyer. Featuring a Fair Condition Rating with a 2020 roof, central HVAC, and dual-pane windows, this Residential Income asset provides immediate rental stability. The property is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking a house-hack strategy in the Grossmont Union district.
Estimated Market Value
$1,009,231+$60,231 Equity Potential
Based on Realkey algorithm analyzing recent comparable sales in Alpine.
Comparable Sales Map
Comparables within 1 miles sold in recently
Map unavailable.
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1964 Arnold Way Subject 6 bd · 4 ba · 2,132 sqft · $473 | $949,000* List Price | 6 | 4 | 2,132 | $473 | - |
A 1960 Arnold Way Active 4 bd · 4 ba · 1,667 sqft · $539 · 0.0 mi | $899,000 List Price | 4 | 4 | 1,667 | $539 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Fair
TeardownExcellent
Property is moderate renovation needed.
The property was built in 1991, making it 35 years old. While it features a newer roof from 2020 and is described as very well-maintained with central HVAC and dual-pane windows, the overall age suggests the kitchens and bathrooms are likely dated and may require minor updates, fitting the Fair criteria.
PROSSTRENGTHS & OPPORTUNITIES
- High-Capacity Rental Units
The property features two spacious 3-bedroom, 2-bathroom units, offering significantly higher rental income potential and versatility compared to standard smaller duplex configurations.
- Recent Capital Upgrades
A new roof installed in 2020, combined with central HVAC and dual-pane windows, ensures lower immediate maintenance costs and improved energy efficiency for the owner.
- Superior Parking and Privacy
Each unit enjoys its own private gated outdoor space and designated parking, plus ample off-street guest parking, which are rare and highly competitive features for multi-family housing.
CONSRISKS & DEFICIENCIES
- Compact Interior Layout
With only 2,132 total square feet for six bedrooms, the individual room sizes or living areas may feel constrained, potentially limiting the appeal to larger families.
- Geographic Market Niche
Located in Alpine, the property is subject to a more localized rental market that may experience lower demand and slower appreciation compared to central San Diego urban hubs.
About 1964 Arnold Way
An incredible opportunity to own a duplex in Alpine! This income-producing property presents a compelling investment with two spacious units, one upstairs and one downstairs. Each unit features 3 bedrooms, 2 bathrooms, along with in-unit laundry, fireplace, central heating and air and dual-pane windows. Each unit has a private, gated outdoor space along with designated parking, plus loads of additional off-street parking for residents and guests. New roof in 2020 and very well maintained, schedule a showing now!
Property Details
Public Facts
- Property Type
- Duplex
- Year Built
- 1991
- Lot Size
- 6,128 Sq. Ft.
Interior
- Total Bedrooms
- 6
- Total Bathrooms
- 4 (4 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $0 / Month
Neighborhood Insights
Sensitive Facilities
No sensitive facilities data found.
Pricing History
Listed for Sale
Sep 24, 2026
$949,000
Initial Listing
Sold
Jan 27, 2000
$206,500
Public Record