$899,000

1960 Arnold Way Alpine, CA 91901

Alpine Area

Estimated payment $5,501/month

4 Beds
4 Baths
1,667 Sq Ft
$539 Price per Sq Ft

Highlights

  • Property is near park
  • Park
  • Bike Trail
  • No HOA
  • Foothills
  • Paved or Partially Paved Lot

About This Home

A unique investment opportunity in Alpine! This income-producing, well-maintained duplex offers two spacious units, one upstairs and one downstairs, designed to maximize rental appeal and long-term investment potential. Each unit features 2 bedrooms and 2 bathrooms, along with in-unit laundry, dual-pane windows, a fireplace, mini-split AC for comfort, designated parking, plus loads of additional off-street parking for residents and guests. The ground-floor unit has exclusive access to a large, fully fenced yard., providing a private outdoor space and an additional feature that enhances its rental appeal. The upstairs unit offers its own separate living space, creating a well-defined setup for two independent tenants. A new roof was added in 2020 and dual pane windows installed in 2015.

Listing Agent

Katie Larwa

United Real Estate San Diego Brokerage Phone: 619-787-4639 License #02052640 Listed on: 08/28/2026

United Real Estate San Diego

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1991

Lot Details

  • 6,743 Sq Ft Lot
  • No Common Walls
  • Paved or Partially Paved Lot

Home Design

  • Duplex
  • Entry on the 1st floor

Interior Spaces

  • 1,667 Sq Ft Home
  • 2-Story Property
  • Living Room with Fireplace

Laundry

  • Laundry in Kitchen
  • Stacked Washer and Dryer

Parking

  • 2 Open Parking Spaces
  • 2 Parking Spaces

Location

  • Property is near park

Utilities

  • Ductless Heating Or Cooling System
  • No Heating

Listing and Financial Details

  • Tax Lot 51012
  • Assessor Parcel Number 4032204500

Community Details

Overview

  • No Home Owners Association
  • 2 Units
  • Foothills
  • Property is near a preserve or public land

Amenities

  • Laundry Facilities

Recreation

  • Park
  • Bike Trail

Building Details

  • 2 Leased Units
  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 2 Separate Water Meters
  • Insurance Expense $1,672
  • Trash Expense $2,184
  • New Taxes Expense $6,828
  • Operating Expense $13,324
  • Gross Income $51,600
  • Net Operating Income $38,276

Property Details

Home Type

Multi-Family

Year Built

Built in 1991

Lot Details

6,743 Sq Ft Lot

Listing Details

  • Assessments: No
  • CapRate: 4.26
  • Inclusions: Appliances including washer & dryer
  • Park Name: Duplex
  • Property Attached: No
  • View: No
  • Zoning: R-2 Minor Multiple
  • Property Sub Type: Duplex
  • Property Type: Residential Income
  • Parcel Number: 4032204500
  • Year Built: 1991
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Stories: 2
  • Common Walls: No Common Walls
  • Appliances: No
  • Entry Level: 1
  • Fireplace Features: Living Room
  • Price Per Square Foot: 539.29

Exterior Features

  • Fence: No
  • Pool Private: No
  • Spa: No

Garage/Parking

  • Parking: No
  • Total Parking Spaces: 2.00
  • Uncovered Spaces: 2.00

Utilities

  • Heating: No
  • Laundry: Yes
  • Laundry Features: In Kitchen, Stackable
  • Sewer: Public Sewer
  • Trash Expense: 2184.00
  • Cooling: Ductless
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Biking, Foothills, Preserve/Public Land, Park

Lot Info

  • Land Lease: No
  • Lot Features: Paved, Park Nearby
  • Lot Size Sq Ft: 6743.00
  • Lot Size Acres: 0.1548

Multi Family

  • Gross Income: 51600.00
  • Gross Scheduled Income: 51600.00
  • Insurance Expense: 1672.00
  • Lot Size Area: 6743.0000 Square Feet
  • Net Operating Income: 38276.00
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 2
  • Number Of Units Leased: 2
  • Number Of Units Total: 2
  • Number With Dishwasher: 2
  • Number With Disposal: 2
  • Number With Range: 2
  • Number With Refrigerator: 2
  • Operating Expense: 13324.00
  • Rent Control: No
  • Total Expenses: 13324.00

Tax Info

  • New Taxes Expense: 6828.00
  • Tax Lot: 51012
  • Tax Tract Number: Pm1546

Map

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2026 $6,828 $440,433 $190,364 $250,069
2025 $6,510 $431,798 $186,632 $245,166
2024 $6,510 $423,332 $182,973 $240,359
2023 $6,507 $415,033 $179,386 $235,647
2022 $6,386 $406,896 $175,869 $231,027
2021 $6,530 $398,919 $172,421 $226,498
2020 $6,180 $394,830 $170,654 $224,176
2019 $6,058 $387,089 $167,308 $219,781
2018 $5,824 $379,500 $164,028 $215,472
2017 $5,634 $372,060 $160,812 $211,248
2016 $5,362 $364,765 $157,659 $207,106
2015 $5,332 $359,287 $155,291 $203,996
2014 $5,226 $352,250 $152,250 $200,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft Prior Sale
08/28/2026 08/28/26 For Sale $899,000 +155.2% $539 / Sq Ft
07/16/2013 07/16/13 Sold $352,250 0.0% $211 / Sq Ft View Prior Sale
06/07/2013 06/07/13 Pending -- -- --
05/06/2013 05/06/13 For Sale $352,250 -- $211 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Type Sale Price Title Company
Interfamily Deed Transfer -- None Available
Grant Deed $352,500 California Title Company
Interfamily Deed Transfer -- Commonwealth Land Title Co
Interfamily Deed Transfer -- Accommodation
Interfamily Deed Transfer -- Fidelity National Title
Interfamily Deed Transfer -- Fidelity National Title
Interfamily Deed Transfer -- --
Interfamily Deed Transfer -- First American Title
Grant Deed $248,500 First American Title
Quit Claim Deed -- First American Title
Grant Deed $229,000 Commonwealth Land Title Co
Grant Deed $140,500 Old Republic Title Company
Trustee Deed $117,035 Chicago Title Co
Deed $181,000 --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Loan Amount Loan Type
Open $262,250 Commercial
Previous Owner $150,000 Commercial
Previous Owner $250,000 Purchase Money Mortgage
Previous Owner $198,800 Commercial
Previous Owner $33,850 Unknown
Previous Owner $148,850 Commercial
Source: Public Records

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PTP2606564

California Regional Multiple Listing Service (CRMLS)

APN: 403-220-45-00

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