Quadplex Residential Income
10249 Alphonse Street Santee, CA 92071
10249 Alphonse Street, Santee, CA, 92071
$459,000
For Sale
$459,000
MULTI_FAMILY - Other - Santee, CA
Property Size832 SF
Lot Size0.05 Acres
Price / SF$551.68
Days on Market17
Property Features for 10249 Alphonse Street
General Information
- Property type
- Residential Multi Family
- Property subtype
- Quadruplex
- Zoning
- Residential
- Bedrooms
- 2
- Bathrooms
- 1
- Rooms
- Laundry Room, Bathroom 1, Bedroom 1, Kitchen, Bedroom 2
- Parking
- 2
- Parking features
- Garage, Assigned
- Window features
- Double Pane Windows, Screens, Blinds
- Patio and Porch features
- Porch
- Interior features
- Granite Counters
- Appliances
- Gas Cooking, Water Heater, Disposal, Microwave, Refrigerator, Gas Water Heater, Free-Standing Range, Gas Range, Gas Oven, Dishwasher
- Standard status
- Active
- APN
- 3783714000
- Size
- 832 SF
- Lot size
- 0.05 Acres
Utilities
- Utilities
- Cable Available
- Sewer type
- Public Sewer
- Heating system
- Forced Air
- Cooling system
- Central Air
Building Details
- Year built
- 1982
- Floors in Building
- 1
- Flooring type
- Laminate
- Building materials
- Stucco
- Roof type
- Composition
- Architectural style
- Other
Listing agency
Coldwell Banker West
(619) 303-3399
Listed by
Charlene Thorman · License #01719689
(619) 737-2126
Added: Jul 7 Updated: Jul 22 at 5:27PM Checked: Jul 22 at 11:06PM
MLS# PTP2605523
Copyright © 2026 California Regional Multiple Listing Service, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This residential quadplex at 10249 Alphonse Street in Santee, California is being offered for sale. The property is set on a 0.05-acre lot and includes 832 square feet of total building area, consistent with a compact, income-oriented multifamily structure.
The asset is located within residential zoning, providing a straightforward framework for continued residential income use. The listed asking price is $459,000.
As a quadplex, the property is configured as a four-unit residential income building and presents an option for buyers seeking small multifamily exposure within the City of Santee’s residential zoning context.
The asset is located within residential zoning, providing a straightforward framework for continued residential income use. The listed asking price is $459,000.
As a quadplex, the property is configured as a four-unit residential income building and presents an option for buyers seeking small multifamily exposure within the City of Santee’s residential zoning context.
Key Highlights
- 1982‑built home with stucco exterior and a composition roof
- Kitchen features granite counters
- Appliances include gas cooking and a dishwasher
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 | $22.5k | $27.00 |
| − Vacancy | −$1.2k | −$1.40 |
| EGI | $21.3k | $25.60 |
| − OpEx | −$6.4k | −$7.68 |
| NOI | $14.9k | $17.92 |
832 SF · lease $27.00/SF/yr · vacancy 5.20% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$213.0K
$186.3K – $248.5K
NOI $14,907 @ 7.0% cap · market cap 3.25%
Second Best
Apartment 5plus
$197.5K
$172.8K – $230.4K
NOI $13,824 @ 7.0% cap · market cap 3.01%
Theoretical Best
Office A
$381.2K
$333.6K – $444.7K
NOI $26,684 @ 7.0% cap · market cap 5.81%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
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FAQs
What type of property is this?
Quadplex - Residential quadplex offered for sale under residential zoning in Santee, California.
Where is this quadplex located?
The property is located at 10249 Alphonse Street Santee, CA.
What is the asking price?
The asking price for this property is $459,000.
What are key features of this property?
This property features: 1982‑built home with stucco exterior and a composition roof; Kitchen features granite counters; Appliances include gas cooking and a dishwasher
