26166 Alpine Lane, Twin Peaks, California 92391, Twin Peaks, 92391 - bed, bath
ACTIVE$675,000
26166 Alpine Lane, Twin Peaks, California 92391
0Bed
0Bath
2,288Sqft
7,150Lot
Price Vs. Estimate
Estimation data not available
Key pros and cons
Top Pros:
Strong Investment Potential: Triplex configuration with three distinct units (one 2-bed/2-bath, two 2-bed/1-bath) offers significant rental income and cash flow opportunities for investors.
Top Cons:
Shared Water Utility: Water is shared among all units, meaning the landlord will likely incur this cost or need to implement a system for allocation, adding to operational expenses.
Compared to the nearby listings
Compared against 0 nearby listings
More Insights
Built in 1981 (44 years old).
Condition: Built in 1981, this triplex shows signs of being well-maintained but has not undergone a recent, extensive renovation. The kitchens across the units vary from largely original with older wood cabinets and basic appliances (Unit 3) to cosmetically updated with painted cabinets (Unit 2), but all feature dated styles and functional but older appliances. Flooring is a mix of laminate and older vinyl/tile. While move-in ready, the property's age and the outdated nature of the kitchens and likely bathrooms indicate it requires minor updates to meet current aesthetic standards, fitting the 'fair' condition criteria.
Year Built
1981
Close
-
List price
$675K
Original List price
$675K
Price/Sqft
$295
HOA
-
Days on market
-
Sold On
-
MLS number
IV25123302
Home ConditionFair
Features
Excellent View: Mountain(s), Trees/Woods
Deck
ViewMountain(s), Trees/Woods
About this home
Triplex – Great Investment Opportunity Welcome to this well-maintained triplex featuring one 2-bed/2-bath, two-level unit and two 2-bed/1-bath units, each with private decks. All units have separate gas and electric meters; water is shared. Plenty of off-street parking and easy access to local amenities. Located in a quiet, desirable Twin Peaks neighborhood—ideal for investors or owner-occupants. Ask about the video tour! Don’t miss out!
Condition Rating
Fair
Built in 1981, this triplex shows signs of being well-maintained but has not undergone a recent, extensive renovation. The kitchens across the units vary from largely original with older wood cabinets and basic appliances (Unit 3) to cosmetically updated with painted cabinets (Unit 2), but all feature dated styles and functional but older appliances. Flooring is a mix of laminate and older vinyl/tile. While move-in ready, the property's age and the outdated nature of the kitchens and likely bathrooms indicate it requires minor updates to meet current aesthetic standards, fitting the 'fair' condition criteria.
Pros & Cons
Pros
Strong Investment Potential: Triplex configuration with three distinct units (one 2-bed/2-bath, two 2-bed/1-bath) offers significant rental income and cash flow opportunities for investors.
Owner-Occupant Flexibility: The property is explicitly marketed as ideal for owner-occupants, allowing them to live in one unit while renting out the others to offset mortgage costs.
Separate Utilities: Each unit has separate gas and electric meters, promoting tenant responsibility for utility consumption and simplifying landlord management.
Desirable Location & Views: Located in a quiet, desirable Twin Peaks neighborhood with easy access to local amenities, complemented by attractive mountain and woods views.
Ample Parking & Private Decks: Plenty of off-street parking is a significant convenience for tenants, and two units benefit from private decks, enhancing living quality.
Cons
Shared Water Utility: Water is shared among all units, meaning the landlord will likely incur this cost or need to implement a system for allocation, adding to operational expenses.
Property Age: Built in 1981, the property is over 40 years old, which may indicate aging systems (e.g., plumbing, electrical, roofing) that could require significant capital expenditures in the near future.
Lack of Cooling System Mention: The property description does not specify the presence of a cooling system, which could be a comfort concern for tenants during warmer periods and potentially impact rental appeal.