
Running Springs, California 92382
This Residential Income Duplex presents a Strong Value Opportunity, listed at $445,000—positioned well above the $410,349 Fair Market Value by 8%. While the property requires attention due to its Fair Condition Rating, the dual-metered configuration and existing tenant provide immediate cash flow. The Trees/Woods view and proximity to Highway 330 enhance long-term rental appeal. This asset is a strategic acquisition for Buy-and-Hold Investors or Owner-Occupants utilizing a house-hacking strategy to offset mortgage costs through rental income.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 31144 All View Subject | $445,000* List Price | 4 | 2 | 1,260 | $326 | - |
A 31861 Hollow Way Active | $375,000 List Price | 3 | 2 | 1,434 | $262 | 1.0 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
While the kitchen has been updated with modern white shaker cabinets, stone countertops, and stainless steel appliances (likely <10 years old), the rest of the home shows significant age. The bedrooms feature heavily stained and worn carpeting, and the 1961 exterior shows signs of deferred maintenance, including peeling paint and weathered siding, requiring minor repairs and cosmetic updates.
The property features two separate homes with individual utility meters, offering high versatility for rental income, multi-generational living, or a house-hacking strategy.
With one unit currently tenant-occupied, the property provides an immediate income stream for investors, reducing the financial burden of the initial acquisition.
Located near Highway 330 with essential off-street parking, the property combines a peaceful wooded atmosphere with practical year-round access to local amenities.
Living area discrepancy between mls listing and other public or private record. mls listing living area = 1260, other record living area = 600. Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 4, other record bedroom count = 2.
Built in 1961, the property may require significant updates or maintenance to modernize the units and ensure long-term structural efficiency.
A recent price reduction within the first 25 days on the market suggests that the initial valuation may have been high relative to current buyer demand or property condition.
Charming duplex opportunity in the mountain community of Running Springs. Located at 31144 All View Dr, this property features two separate homes with individual utility meters, offering excellent flexibility for owner-occupancy, rental income, or multigenerational living. Each unit includes 2 bedrooms and 1 bathroom, with functional layouts and comfortable living spaces suited for full-time residence or weekend getaways. Off-street parking provides added convenience during all seasons, and the setting offers the peaceful atmosphere of mountain living while remaining accessible to local amenities, Highway 330, and nearby recreation areas. One unit is currently tenant-occupied, giving an immediate income stream for investors or buyer-occupants. This is a rare chance to own a versatile duplex in Running Springs with strong rental potential and long-term upside.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 4.0 | 4.0 |
| Baths | 2.0 | 4.0 |
| Square foot | 1,260 | 2,160 |
| Lot Size | 8,225 | 6,400 |
| Price | $445.0K | $465.0K |
| Price per sq ft | $353 | $215 |
| Built year | 1961 | 1979 |
| HOA | $0 | $0 |
| Days on market | 45 | 134 |
Jun 14, 2026
$445,000
$465,000
-4% Price Drop
Initial Listing
Jun 7, 2026
$465,000
Initial Listing
Jul 14, 2020
$280,000
Public Record
Oct 18, 2016
$185,000
Public Record
Jan 26, 2000
$75,000
Public Record