26331 Alpine, Twin Peaks, California 92391, Twin Peaks, 92391 - bed, bath
ACTIVE$395,000$1,890/sqft
26331 Alpine, Twin Peaks, California 92391
0Bed
0Bath
1,890Sqft
9,420Lot
Price Vs. Estimate
Estimation data not available
Key pros and cons
Top Pros:
Income-Generating Duplex: This is a legal duplex with separate meters, offering two 2-bedroom, 1-bathroom units, providing excellent potential for rental income or multi-generational living.
Top Cons:
Short Sale Status: The property is a short sale, meaning the purchase is subject to lender approval, which can lead to extended closing periods and potential complexities.
Compared to the nearby listings
Compared against 0 nearby listings
More Insights
Built in 1948 (78 years old).
Condition: Built in 1948, this property has received recent functional updates to the kitchens and bathrooms, including new cabinets, countertops, stainless steel appliances, modern fixtures, and new flooring throughout. However, the updates appear somewhat incomplete or piecemeal, with visible signs of ongoing work (e.g., red tape on walls, exposed wood, unfinished stairs, inconsistent backsplashes in the kitchen). While these updates prevent it from being 'Poor,' the overall age of the property and the unfinished aspects mean it requires minor updates or repairs to be fully polished and move-in ready, aligning with a 'Fair' condition.
Year Built
1948
Close
-
List price
$395K
Original List price
$395K
Price/Sqft
$209
HOA
-
Days on market
-
Sold On
-
MLS number
IG26010759
Home ConditionFair
Features
Good View: Trees/Woods
Deck
Patio
ViewTrees/Woods
About this home
investor special! Legal duplex with separate meters and level=parking for 4-5 cars! Useable and large yard, laundry hook-ups and some recent updates already done. Great location for mountain living and commuting. each unit is 2bed/1bath. Plowed & maintained road. Is now a short-sale, being offered for $100,000 less then last sold! Terms of offer are subject to lenders approval. Come & see it as soon as you can.
S
Sierra Werner
Listing Agent
Price History
Date
Event
Price
01/27/99
Sold
$115,000
03/28/22
Sold
$495,000
08/06/21
Sold
$415,000
01/28/13
Sold
$206,000
06/14/12
Sold
$70,000
06/01/05
Sold
$230,000
Condition Rating
Fair
Built in 1948, this property has received recent functional updates to the kitchens and bathrooms, including new cabinets, countertops, stainless steel appliances, modern fixtures, and new flooring throughout. However, the updates appear somewhat incomplete or piecemeal, with visible signs of ongoing work (e.g., red tape on walls, exposed wood, unfinished stairs, inconsistent backsplashes in the kitchen). While these updates prevent it from being 'Poor,' the overall age of the property and the unfinished aspects mean it requires minor updates or repairs to be fully polished and move-in ready, aligning with a 'Fair' condition.
Pros & Cons
Pros
Income-Generating Duplex: This is a legal duplex with separate meters, offering two 2-bedroom, 1-bathroom units, providing excellent potential for rental income or multi-generational living.
Significant Investment Value: Marketed as an 'investor special' and currently listed for $100,000 less than its last sold price, it presents a compelling value proposition for potential buyers.
Ample & Level Parking: The property boasts level parking for 4-5 cars, a highly desirable and often rare amenity in mountain communities.
Desirable Mountain Location: Situated in a great location for mountain living with good commuting access, and benefits from a plowed and maintained road, ensuring year-round accessibility.
Usable Outdoor Space & Updates: Features a large, usable yard, laundry hook-ups, and some recent updates, enhancing its immediate functionality and appeal.
Cons
Short Sale Status: The property is a short sale, meaning the purchase is subject to lender approval, which can lead to extended closing periods and potential complexities.
Age of Property: Built in 1948, the property is over 75 years old, which may indicate aging infrastructure, systems, and the potential for significant maintenance or renovation needs.
Unspecified Updates & Condition: While 'some recent updates' are mentioned, the description lacks specific details on their scope or quality, suggesting that further investment may be required to modernize or address deferred maintenance.