2804 6 S Grade Rd Alpine, CA $ 2,750,000
2804 6 S Grade Rd
$ 2,750,000
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2804 6 S Grade Rd

Alpine, CA, 91901
$ 2,750,000
Baths0.0

Monthly Estimate*

$ 17,364

Listed by eXp Realty of California, Inc.
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Studio

Multi-Family Home for sale in Alpine, CA

for $2,750,000. This home was built in 1932 on a lot size of 10.52.

A short distance away from the city center is a rare, near turn-key development or retail investor opportunity in Alpine's fastest-growing corridor. This 10.52± acre property carries a Tentative Map for up to 30 residential lots, currently planned as a 26-lot custom home subdivision. Extensive engineering and due diligence are already complete, cutting the time, risk, and soft costs standing between purchase and construction. Alpine continues to draw buyers seeking spacious, custom homes with access to nature while staying connected to major commuter routes, supporting strong long-term demand and appreciation in this established growth pocket. The property also cash-flows today: existing rental units (up to 4) generate monthly income through the planning and entitlement process. A historic grove of 375+ mature, 100-year-old Mission olive trees and a high-producing private water well add further income potential and lifestyle appeal. Minutes from downtown Alpine, shopping, dining, and freeway access, with Wright's Field hiking and equestrian trails nearby. Entitlement progress, income in place, water rights, and a signature natural setting, a compelling package for developers, investors, and owner-builders ready to create Alpine's next standout residential community.

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Multi-Family Active

Price

$ 2,750,000

Bedrooms

Studio

Property Type

Multi-Family

Taxes

$ 0

Style

Lot Size

10.52

Year Built

1932

Town/City

Alpine

County/Region

San Diego

MLS | Web ID

260018724SD

Days on Market

2

Features
General
Cooling Wall/Window Unit(s)
Roof Composition
HOA Fee 0
Year Built 1932
Tenant Pays Cable TV Electricity Gas Trash Collection
Stories Count 1
Levels One
County San Diego
Net Operating Income 88440
Property Type Residential Income
Subdivision Name Alpine
Status Active
Directions CrossStreet: Rancho Sierra
City Alpine
Senior Community Y/N false
Number Of Units Total 3
MLS Area 91901 - Alpine
Lot Size Units Square Feet
Lot Size Square Feet 458251
Listing Terms Cash Conventional
Standard Status Active
Cap Rate 3.22
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Interior
Total Stories 1
Air Conditioning Y/N true
Heating Y/N true
Total Baths 0
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Exterior
Fencing Partial
Total Parking 0
Lot Size Area 458251
Park Name N/A
Number of Buildings 3
Spa false
Lot Size Acres 10.52
Lot Size Source Assessor
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* Excluded Features
List By
Exp Realty Of California, Inc.

Broker

evan.wagley@thewbgroup.com

Email

Affordability Calculator

$17,364
Per Month
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Monthly Principal & Interest
$17,364
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Default based on a 30-year fixed rate of 6.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
4827338 Elementary School
4827337 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
7/31/2026$2,750,000 Listed Price

Map


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2804 6 S Grade Rd, Alpine, CA, 91901 is a Multi-Family Home for sale at $2,750,000 with a lot size of 10.52. 2804 6 S Grade Rd is a studio with 0.0 baths and was built in 1932. The property's zip code is 91901 which is in Alpine, CA