
Alpine, California 91901
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.
Comparables within 1 miles sold in recently
| 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.
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.
The property features two spacious 3-bedroom, 2-bathroom units, offering significantly higher rental income potential and versatility compared to standard smaller duplex configurations.
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.
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.
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.
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.
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!
No exterior & parking available.
No sensitive facilities data found.
Sep 24, 2026
$949,000
Initial Listing
Jan 27, 2000
$206,500
Public Record