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31162 All View, Running Springs, California 92382, Running Springs, 92382 - 2 bed, 2 bath

31162 All View, Running Springs, California 92382 home-pic-0
ACTIVE$425,000
31162 All View, Running Springs, California 92382
2Beds
2Baths
860Sqft
8,400Lot

Price Vs. Estimate

The estimated value ($365,650.485) is $59,349.515 (13%) lower than the list price ($425,000). This property may be overpriced.

Key pros and cons

Top Pros:
High Available Lot Utilization: The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 8400, living area = 860.
Top Cons:
Compact Unit Size: With a total of 860 sqft for two units (approximately 430 sqft per unit), the individual living spaces are quite small, which may limit appeal for some tenants or families.

Compared to the nearby listings

Price:$425.0K vs avg $359.0K (+$66,000)70%
Size:860 sqft vs avg 1,209 sqft22%
Price/sqft:$494 vs avg $28898%

More Insights

Built in 1958 (67 years old).
Condition: Despite being built in 1958, this property has undergone significant recent upgrades including a new roof, furnace, water heater, and paved driveway, addressing major system concerns. Both kitchenettes and bathrooms are updated, clean, and functional, with the lower unit featuring more modern stainless steel appliances and LVP flooring. The property is move-in ready with no immediate renovations required, aligning with the 'Good' condition criteria for extensively renovated properties.
Year Built
1958
Close
-
List price
$425K
Original List price
$425K
Price/Sqft
$494
HOA
-
Days on market
-
Sold On
-
MLS number
IG25248075
Home ConditionGood
Features
Good View: Neighborhood, Trees/Woods
Deck
ViewNeighborhood, Trees/Woods

About this home

Charming Mountain Duplex with Investment Potential! Discover this versatile mountain retreat in the heart of Running Springs, ideally located in ‘Lower Rowco” neighborhood. Currently configured as two separate units, each featuring 1 bedroom and 1 bathroom, this property offers a fantastic investment or multi-generational living opportunity. Set on a large, usable corner lot, the home boasts numerous recent upgrades including a new roof, furnace, water heater, 2 fireplaces and freshly paved driveway. The upper and lower units each enjoy their own private entrances, providing flexibility for rental income, guest accommodations, or easy conversion back into a single-family home. Enjoy the peaceful forest setting while being just minutes from mountain recreation, shops, and restaurants. Whether you’re looking for a full-time residence, vacation getaway, or income property, 31162 All View is a rare opportunity to own a move-in-ready home with endless potential in beautiful Running Springs.

Condition Rating
Good
Despite being built in 1958, this property has undergone significant recent upgrades including a new roof, furnace, water heater, and paved driveway, addressing major system concerns. Both kitchenettes and bathrooms are updated, clean, and functional, with the lower unit featuring more modern stainless steel appliances and LVP flooring. The property is move-in ready with no immediate renovations required, aligning with the 'Good' condition criteria for extensively renovated properties.
Pros & Cons

Pros

High Available Lot Utilization: The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 8400, living area = 860.
Investment & Multi-Generational Potential: Configured as two separate 1-bedroom, 1-bathroom units with private entrances, offering excellent potential for rental income, guest accommodations, or multi-generational living.
Significant Recent Upgrades: Boasts numerous recent upgrades including a new roof, furnace, water heater, two fireplaces, and a freshly paved driveway, reducing immediate maintenance concerns for a buyer.
Desirable Mountain Location: Situated in a peaceful forest setting in Running Springs, minutes from mountain recreation, shops, and restaurants, appealing to those seeking a vacation getaway or serene full-time residence.
Versatile Property Use: Offers flexibility for various uses, including a full-time residence, vacation home, income property, or easy conversion back into a single-family home.
Large, Usable Corner Lot: Set on a generous 8,400 sqft usable corner lot, providing ample outdoor space and potential for enhanced privacy or landscaping.

Cons

Compact Unit Size: With a total of 860 sqft for two units (approximately 430 sqft per unit), the individual living spaces are quite small, which may limit appeal for some tenants or families.
Property Age: Built in 1958, the property's age, despite recent upgrades, suggests that other underlying systems (e.g., plumbing, electrical) may be older and could require future attention.
Sub-Type Discrepancy: Listed as a 'Single Family Residence' but described as a 'Duplex,' which could lead to confusion regarding zoning, financing, or legal classification if not clearly addressed.

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