2804 S Grade Rd

4
Baths
Sq. Ft.
/ Sq. Ft.
Sq. Ft.
per Sq. Ft.

Description

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...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.
  1. Listed by Evan Wagley • DRE #01494096 • eXp Realty of California, Inc.

Property Details for 2804 South Grade Road

Cross Streets
Rancho Sierra
Source Living Area
Assessor
Area
Other (LCOTH)
Lot Size Area
458251
HOA Fee Frequency 1
Monthly
HOA Fee 2
$0
HOA Fee Frequency 2
Monthly
Assessor Parcel Number
404-430-46-00
LISTING UPDATED: 07/31/2026 11:46 AM

Property Details for 2804 South Grade Road

StatusActive
MLS #260018724SD
Days on MarketListed Today
Taxes-
HOA Fees-
Condo/Co-op Fees-
Property TypeMulti Family
MLS TypeResidential Income
Year Built1932
Lot Size10.52 AC / 458,251 SF
CountySan Diego County

Location

Listing Courtesy of eXp Realty of California, Inc., Evan Wagley, DRE #01494096
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Building Information for 2804 South Grade Road

Stories1Residences-Year Built1932Building Size-Lot Size10.52 AC / 458,251 SF

Payment Calculator

$14,635 per month

30 year fixed, 6.55% Interest

Principal and Interest

$13,978

Property Taxes

$657

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

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Property Information for 2804 South Grade Road

Community / Development
Community / Development
  • Complex Name: N/A
  • Number Of Units: 3
  • Builders Tract Name: Alpine
  • Earth Quake Insurance: 0
Structure Info
Structure Info
  • Number Of Stories: 1
  • View: No
  • Security Features: None
  • Water: Well on Property
  • Sewer: Septic Installed
Contract Info
Contract Info
  • Service Level: Full Service
Income & Expenses Information
Income & Expenses Information
  • Net Operating Income: $88,440.00
  • Gross Scheduled Income: $99,540
  • Cap Rate: 3.22%
  • Gross Rent Multiplier: $27.63
  • Other Income1: $.00
  • Total Annual Expense: 11100
Land / Lot Info
Land / Lot Info
  • Horse: No
  • Lot Acreage: 10.52
Interior Features
Interior Features
  • Levels: One
  • Cooling: Wall/Window
  • Cooling Type: Wall/Window
Exterior Features
Exterior Features
  • Pool: No
  • Spa: No
  • Roof: Composition
  • Fence: Partial
Lease Terms
Lease Terms
  • Listing Terms: Cash, Conventional
  • Tenant Pays: Cable TV, Electricity, Gas/Propane, Trash Collection

Property History for 2804 South Grade Road

DateEvent & SourcePriceAppreciation
Jul 31, 2026

Listed (Active)

CLAW #260018724SD

$2,750,000
Jul 2, 2025

Expired

SDMLS #PTP2502950

$4,200,000
Jul 1, 2025

Expired

CRMLS #PTP2502950

DateEvent & SourcePrice
07/31/2026

Listed (Active)

CLAW #260018724SD

$2,750,000
07/02/2025

Expired

SDMLS #PTP2502950

$4,200,000
07/01/2025

Expired

CRMLS #PTP2502950

For completeness, we often displays two records for one sale: the MLS record and the public record.

Public Records for 2804 South Grade Road

Taxable ValueLand$577,587Additions$57,756Total$635,343
Tax Record2023$7,880 ($657 / month)
Home Facts
Beds4Total Finished SqFt1,724 SqFtAbove Grade Finished SqFt1,724 SqFtLot Size458,251 SqFtStyleSingle Family ResidenceYear Built1932ZoningR-1:SINGLE FACountySAN DIEGOAPN404-430-46-00

Schools near 2804 South Grade Road

This home is within Grossmont Union High School District.
Rating
School
Type
Grades
Distance
Public - 1 to 5
Public - 6 to 8
Public - 9 to 12
Public - K to 8
Rating
School
Distance
Boulder Oaks Elementary School
Public1 to 5

Joan Macqueen Middle School
Public6 to 8

Granite Hills High School
Public9 to 12

Mountain View Learning Academy
PublicK to 8

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Similar Homes

2804 South Grade Road is a multi-family home for sale in Alpine, CA 91901. This listing's school districts are Grossmont Union High School District, Alpine Union Elementary School District. Nearby schools include Boulder Oaks Elementary School, Joan Macqueen Middle School and Granite Hills High School. 2804 South Grade Road is a 5-bed, 4-bath, multi-family home built in 1932.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of any information, descriptions or measurements (including square footage measurements and property condition), such should be independently verified through appropriate means, including, but not limited to, in person inspection and public records, and Compass International Holdings, its subsidiaries, affiliates and independently owned and operated franchisees, and their affiliated agents and associated third parties expressly disclaim any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the seller's discretion. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of eXp Realty of California, Inc., Evan Wagley, DRE #01494096

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