4274 Pepper
About This Property
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What does this mean?
Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.
How much can I actually make?
Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.
How is cap rate calculated?
Cap Rate = Net Operating Income (NOI) / Property Asset Value.
When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.
Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Sep 18, 2025 | Sold | ||
| Sold | |||
| Aug 28, 2025 | In contract | - | |
| In contract | |||
| Aug 22, 2025 | Listed by ROA California Inc | $669,000 | |
| Listed by ROA California Inc | |||
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Discover the opportunity to create your dream home in the heart of San Diego! This charming 2-bedroom, 1-bathroom 882 sf bungalow sits on a spacious lot with alley access, offering tons of potential for expansion. The next owner can update and customize the property to their taste while also exploring the possibility of building an ADU and JADU with their own private entry—perfect for extended family, rental income, or a home office. The property includes; a one car detached garage with laundry, one parking space off the front driveway, 3-4 parking spaces off the back of the property. The generous 5,054 sf lot provides room for gardens, outdoor entertaining, potential RV parking, or future development, all while maintaining privacy and flexibility. Nestled in a central location, this home is close to downtown San Diego, Balboa Park, and neighborhood canyons and trails. Nearby, you’ll find local shops, cafes, and easy freeway access that makes commuting a breeze. Parks and green spaces are just around the corner, adding to the appeal of this well-located property. Key Highlights: Large lot with alley access Cozy bungalow layout Large living room with tons of natural light and heat-pump Bright dining area off of kitchen Comfortable sized bathroom with tub Potential for ADU + JADU development with additional Bonus ADU program Endless opportunity to remodel, expand, or reimagine
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| Sep 25, 2018 | Sold | ||
| Sold | |||
| Aug 31, 2018 | Listed by Big Block Realty, Inc. | $499,900 | |
| Listed by Big Block Realty, Inc. | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017