Duplex with Private
1960 Arnold Way Alpine, CA 91901
1960 Arnold Way, Alpine, CA, 91901
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For Sale
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Well-maintained 1991 duplex offers two 2BR/2BA units with private backyards, stackable washer/dryers, and off-street parking.
Property Size1,666 SF
Lot Size0.15 Acres
Price / SF$557.62
Days on Market111
Property Features for 1960 Arnold Way
General Information
- Standard status
- Active
- Size
- 1,666 SF
- Lot size
- 0.15 Acres
- Property subtype
- Multifamily
Building Details
- Year Built
- 1991
Listing agency
Starker West, Inc
(818) 307-4535
Listed by
Nicholas Azoff · License #02035396
Source
Crexi
Added: Apr 3 Updated: Jul 22 at 5:56AM Checked: Jul 22 at 5:56AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Starker West, Inc
Investment Insights
Based on property information with market context.
1960 Arnold Way is a well-maintained duplex constructed in 1991, featuring two spacious units, each with 2 bedrooms and 2 bathrooms. Both units include functional layouts with private backyards and in-unit stackable washer/dryers. The property also features a newer roof and updated windows, along with dedicated off-street parking.
The duplex sits on a 6,743-square-foot parcel and offers a modern, low-deferred-maintenance footprint suitable for an investor or an owner-occupant. With 1,666 square feet of total property size, the configuration provides the option to live in one unit while renting the other.
For buyers seeking a straightforward duplex setup with in-unit laundry and outdoor private space, this property’s improvements and clear unit structure are key considerations.
The duplex sits on a 6,743-square-foot parcel and offers a modern, low-deferred-maintenance footprint suitable for an investor or an owner-occupant. With 1,666 square feet of total property size, the configuration provides the option to live in one unit while renting the other.
For buyers seeking a straightforward duplex setup with in-unit laundry and outdoor private space, this property’s improvements and clear unit structure are key considerations.
Key Highlights
- 1991 duplex with two 2‑bedroom, 2‑bathroom units
- Each unit includes stackable washer/dryer and a private backyard
- Newer roof and updated windows
Local Financial Insights For Multifamily LT 5
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $45.0k | $27.00 |
| − Vacancy | −$2.3k | −$1.40 |
| EGI | $42.6k | $25.60 |
| − OpEx | −$12.8k | −$7.68 |
| NOI | $29.9k | $17.92 |
1,666 SF · lease $27.00/SF/yr · vacancy 5.20% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$426.4K
$373.1K – $497.5K
NOI $29,850 @ 7.0% cap · market cap 3.21%
Second Best
Apartment 5plus
$395.4K
$346.0K – $461.4K
NOI $27,681 @ 7.0% cap · market cap 2.98%
Theoretical Best
Office A
$763.3K
$667.9K – $890.5K
NOI $53,431 @ 7.0% cap · market cap 5.75%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
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FAQs
What type of property is this?
Duplex - Well-maintained 1991 duplex offers two 2BR/2BA units with private backyards, stackable washer/dryers, and off-street parking.
Where is this duplex located?
The property is located at 1960 Arnold Way Alpine, CA.
What is the asking price?
The asking price for this property is $929,000.
What are key features of this property?
This property features: 1991 duplex with two 2‑bedroom, 2‑bathroom units; Each unit includes stackable washer/dryer and a private backyard; Newer roof and updated windows
