Under Contract

457 W Alpine

Upland, CA 91786

$1,250,000 $5,270/Mo

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Overview

Bed

Bath

3,456

Sqft

7,480

Sqft(Lot)

Description

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 he ating, 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.

Property Details

Property Type : Residential Income

Price : $1,250,000

AD Id : 79153535

MLS Id : CV26112498

Beds : 8

Lot Size : 7,480 Sqft

Living Area Size : 3,456

Year Built : 1962

County : San Bernardino

Map

What's Nearby

Nearby Areas

Features

Water/Sewer

Water Source: Public Sewer: Public Sewer

Building Information

Year Built: 1962 Building Area Total: 3,456
Pool Features

None

Laundry Features

Common Area

Lot Details

Lot Dimensions Source: Vendor Enhanced Lot Size Acres: 0.1717
Lot Size Source: Assessor Lot Size Square Feet: 7480

Listing Price Information

Original List Price: 1,250,000 Listing Contract Date: 2026-05-22
Lease Information

Listing Agreement: Exclusive Right To Sell

Tax Information

Parcel Number: 1046341250000 Annual Tax: 13415

Garage and Parking

Garage Description: Assigned,Carport,Off Site,On Site,One Space

Homeowners Association
Rental Info

Lease Term: Negotiable Tenant Pays: Electricity

Other Property Info

Source Listing Status: Active Under Contract Source Neighborhood: 690 - Upland Directions: From North Palm Avenue, turn onto Alpine Street. The property is located on the north side of the street. Source Property Type: Residential Income Area: 690 - Upland Property SubType: Quadruplex
Building and Construction

Property Age: 64 Common Walls: 2+ Common Walls Structure Type: Quadruplex Year Built Source: Public Records Entry Level: 1 Entry Location: Front Property Attached: Yes

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Nearby Home Value

Address	Estimate	Bed	Bath	Sq. Ft	Lot Size
505 N 8th Avenue, Upland, CA, 91786	$989,000	5	2	2,416	2,416 SqFt
290 Spencer, Upland, CA, 91786	$1,150,000	9	6	3,733	3,733 SqFt

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Upland, CA, 91786

Bed

Bath

3,456

Sqft

7,480

Sqft(Lot)

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ByOwner last updated this listing 06/08/2026 @ 22:30

MLS: CV26112498 LISTED BY: Gisele Pinedo, MARCUS & MILLICHAP 909-456-3400 SOURCE: CRMLS