$1,250,000

457 W Alpine St Upland, CA 91786

Estimated payment $7,883/month

8 Beds
4 Baths
3,456 Sq Ft
$362 Price per Sq Ft

About This Home

We are pleased to present the opportunity to acquire a four-unit multifamily investment property located at 457 Alpine Street in Upland, California. Situated on a quiet tree-lined cul-de-sac street, the property offers investors the opportunity to acquire a well-located apartment asset within one of the Inland Empire’s most desirable rental markets. The property consists of approximately 3,456 square feet of rentable building area situated on a 0.17-acre RM-20 zoned lot. The two-story fourplex features a desirable unit mix consisting entirely of two-bedroom / one-bathroom units. The property offers four covered carport parking spaces and two additional open parking spaces, along with ample street parking availability. Additional property amenities include an onsite laundry room, central heating, wall-mounted air conditioning units, and a shaded courtyard area that enhances the tenant experience. Ownership currently pays for water, sewer, trash, and gas utilities. The property benefits from a highly desirable Upland location just blocks from Downtown Upland, offering tenants convenient access to a variety of restaurants, retail, entertainment, and neighborhood services. The asset is also located near Upland High School and provides convenient connectivity to surrounding employment centers and major transportation corridors throughout the Inland Empire and San Gabriel Valley. Additionally, the property is not subject to local city rent control and is governed only by California’s statewide rent control regulations under AB 1482. Overall, the offering represents an opportunity to acquire a well-maintained multifamily asset in a strong rental submarket with stable tenant demand, an attractive unit mix, and long-term investment potential in the highly sought-after Upland market.

Listing Agent

Gisele Pinedo

MARCUS & MILLICHAP License #02188347 Listed on: 05/23/2026

Co-Listing Agent

Kevin Struve

MARCUS & MILLICHAP License #01266441

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $13,415

Year Built

  • Built in 1962

Lot Details

  • 7,480 Sq Ft Lot
  • Two or More Common Walls
  • Density is 16-20 Units/Acre

Home Design

  • Quadruplex
  • Entry on the 1st floor

Interior Spaces

  • 3,456 Sq Ft Home
  • 2-Story Property
  • Laundry Room

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 4 Bathrooms

Parking

  • 2 Open Parking Spaces
  • 6 Parking Spaces
  • 4 Carport Spaces
  • Parking Available
  • Parking Lot
  • Off-Site Parking
  • Assigned Parking

Listing and Financial Details

  • Tax Lot 13
  • Tax Tract Number 5614
  • Assessor Parcel Number 1046341250000
  • $512 per year additional tax assessments

Community Details

Building Details

  • 4 Leased Units
  • Rent Control
  • 4 Separate Electric Meters
  • 1 Separate Gas Meter
  • 1 Separate Water Meter
  • Electric Expense $712
  • Fuel Expense $2,569
  • Gardener Expense $960
  • Insurance Expense $3,386
  • Maintenance Expense $4,000
  • Trash Expense $1,920
  • Water Sewer Expense $1,971
  • New Taxes Expense $13,415
  • Operating Expense $29,429
  • Gross Income $81,300
  • Net Operating Income $50,632

Additional Features

  • 4 Units
  • Laundry Facilities

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$13,415

Year Built

Built in 1962

Lot Details

7,480 Sq Ft Lot

Listing Details

  • Assessments: Yes
  • Property Attached: Yes
  • Water Sewer Expenses: 1971.00
  • Property Sub Type: Quadruplex
  • Property Type: Residential Income
  • Gardener Expense: 960.00
  • Parcel Number: 1046341250000
  • Year Built: 1962
  • Special Features: None

Interior Features

  • Stories: 2
  • Common Walls: 2+ Common Walls
  • Entry Level: 1
  • Price Per Square Foot: 361.69

Exterior Features

  • Pool Private: No

Garage/Parking

  • Carport Spaces: 4.00
  • Parking: Yes
  • Parking Features: Assigned, On Site, Carport, Parking Space, Off Site
  • Total Parking Spaces: 6.00
  • Uncovered Spaces: 2.00

Utilities

  • Laundry: Yes
  • Laundry Features: Common Area
  • Sewer: Public Sewer
  • Trash Expense: 1920.00
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Sidewalks

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 16-20 Units/Acre
  • Lot Size Sq Ft: 7480.00
  • Lot Size Acres: 0.1717

Rental Info

  • Tenant Pays: Electricity

Multi Family

  • Electric Expense: 712.00
  • Fuel Expense: 2569.00
  • Gross Income: 81300.00
  • Gross Scheduled Income: 81300.00
  • Insurance Expense: 3386.00
  • Lot Size Area: 7480.0000 Square Feet
  • Maintenance Expense: 4000.00
  • Net Operating Income: 50632.00
  • Number Of Separate Electric Meters: 4
  • Number Of Separate Gas Meters: 1
  • Number Of Separate Water Meters: 1
  • Number Of Units Leased: 4
  • Number Of Units Total: 4
  • Operating Expense: 29429.00
  • Rent Control: Yes
  • Total Actual Rent: 6775.00
  • Total Expenses: 29429.00
  • Vacancy Allowance Rate: 3.00

Tax Info

  • New Taxes Expense: 13415.00
  • Tax Lot: 13
  • Tax Rate: 1.07
  • Tax Tract Number: 5614
  • Tax Annual Amount: 13415.00
  • TaxOtherAnnualAssessmentAmount: 512.00

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/23/2026 05/23/26 For Sale $1,250,000 -- $362 / 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
Interfamily Deed Transfer -- Orange Coast Title Company O
Grant Deed $395,000 Orange Coast Title Company O
Grant Deed $735,000 Landsafe Rancho Cucamonga
Interfamily Deed Transfer -- Landsafe Rancho Cucamonga
Grant Deed $620,000 Landsafe Rancho Cucamonga
Individual Deed $202,000 American Title Co
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 $296,250 New Conventional
Previous Owner $526,500 Purchase Money Mortgage
Previous Owner $496,000 Purchase Money Mortgage
Previous Owner $181,800 No Value Available
Closed $93,000 No Value Available
Source: Public Records

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: CV26112498

California Regional Multiple Listing Service (CRMLS)

APN: 1046-341-25

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