Alhambra, CA 91801,723 S Stoneman
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Alhambra, CA 91801,723 S Stoneman
Alhambra, CA 91801,723 S Stoneman
Alhambra, CA 91801,723 S Stoneman
Alhambra, CA 91801,723 S Stoneman
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Ruben Rodriguez

Ruben Rodriguez

+1(619) 261-9814
$ 13,680,000
Est. payment /mo
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Active

723 S Stoneman Alhambra, CA 91801

5 Beds

7 Baths

0.66 Acres Lot

UPDATED:

Key Details

Property Type Multi-Family

Sub Type Res Income 2-4 Units

Listing Status Active

Purchase Type For Sale

MLS Listing ID WS25279408

Bedrooms 5

Lot Size 0.659 Acres

Property Sub-Type Res Income 2-4 Units

Property Description

Exceptional opportunity to acquire a newer-construction (2022) 18-unit condo-style apartment community in a prime Alhambra location (713-727 S. Stoneman Ave). Thoughtfully designed and well maintained, this modern property offers strong in-place income with significant upside, including potential future condominium conversion (buyer to verify). The unit mix consists of 14 spacious 2-bedroom / 2.5-bath residences and 4 expansive 3-bedroom / 3.5-bath residences, each featuring its own private garage, providing a highly desirable living experience and strong tenant demand. The property also includes 8 additional guest parking spaces, enhancing convenience for residents and visitors alike. Built with contemporary finishes and efficient layouts, these luxury-style units appeal to long-term tenants seeking comfort, privacy, and modern amenities. The condo-style configuration, individual garages, and new construction significantly reduce ongoing maintenance costs and position the asset as a low-management, high-quality investment. Ideally located near major employment centers, shopping, dining, and transportation corridors, this property represents a rare opportunity to own a turnkey multifamily asset with excellent income stability and long-term appreciation potential in one of the San Gabriel Valleys most desirable rental markets.

Location

State CA

County Los Angeles

Zoning Appraiser

Direction east of Garfield Ave; North of Valley Blvd

Interior

Cooling Central Forced Air

Fireplace No

Exterior

View Y/N No

Roof Type Tile/Clay

Building

Story 3

Level or Stories 3

Others

HOA Fee Include Limited Insurance,Sewer,Trash Pickup

Senior Community No

Tax ID 5347014065

Acceptable Financing Conventional

Listing Terms Conventional

MLS Router / San Diego MLS
Listed by HE GEORGE GAO RE/MAX ELITE REALTY
SCHOOLSPROPERTIES
Elementary Schools 20
  • 10

    Arroyo Vista Elementary School

    Public | KG - 5

  • 10

    Monterey Hills Elementary School

    Public | KG - 5

  • 10

    Marengo Elementary School

    Public | KG - 5

  • 10

    Valentine Elementary School

    Public | KG - 5

  • 10

    Monterey Vista Elementary School

    Public | KG - 6

  • 9

    Monterey Highlands Elementary School

    Public | KG - 8

  • 9

    Potrero Heights Elementary

    Public | KG - 5

  • 9

    Carver Elementary School

    Public | KG - 5

  • 9

    Mildred B. Janson Elementary School

    Public | KG - 6

  • 8

    Brightwood Elementary School

    Public | KG - 8

  • 8

    Park Elementary School

    Public | KG - 8

  • 8

    Garfield Elementary School

    Public | KG - 8

  • 8

    Ramona Elementary School

    Public | KG - 8

  • 8

    Repetto Elementary School

    Public | KG - 8

  • 8

    Baldwin Elementary School

    Public | KG - 8

  • 8

    Wilson Elementary School

    Public | KG - 5

  • 8

    Emma W. Shuey Elementary School

    Public | KG - 6

  • 8

    Emperor Elementary School

    Public | KG - 6

  • 7

    Sierra Vista Elementary

    Public | KG - 6

  • 7

    Marguerita Elementary School

    Public | KG - 8

Middle Schools 10
  • 10

    South Pasadena Middle School

    Public | 6 - 8

  • 9

    Huntington Middle School

    Public | 6 - 8

  • 7

    Garvey (Richard) Intermediate School

    Public | 7 - 8

  • 7

    Temple (Roger W.) Intermediate School

    Public | 7 - 8

  • 7

    Jefferson Middle School

    Public | 6 - 8

  • 7

    Muscatel Middle School

    Public | 7 - 8

  • 4

    Blair High School

    Public | 6 - 12

  • 2

    Options for Youth San Gabriel

    Public | 7 - 12

  • 0

    East los Angeles Community Day

    Public | 7 - 12

  • 0

    Southwestern Academy

    Private | 6 - 12

High Schools 13
  • 10

    South Pasadena High School

    Public | 9 - 12

  • 10

    Mark Keppel High School

    Public | 9 - 12

  • 10

    San Marino High School

    Public | 9 - 12

  • 9

    Alhambra High School

    Public | 9 - 12

  • 9

    Gabrielino High School

    Public | 9 - 12

  • 8

    San Gabriel High School

    Public | 9 - 12

  • 0

    Mayfield Senior School

    Private | 9 - 12

  • 0

    Century High School

    Public | 9 - 12

  • 0

    Independence High (Alternative)

    Public | 9 - 12

  • 0

    Ramona Convent Secondary School

    Private | 9 - 12

  • 0

    First Presbyterian School

    Private | 9 - 12

  • 0

    San Gabriel Mission High School

    Private | 9 - 12

  • 0

    Del Mar High School

    Public | 10 - 12

School and business data provided by Attom Data.
Ruben Rodriguez

Ruben Rodriguez

Real Estate Advisor | License ID: 01337209

+1(619) 261-9814

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723 S Stoneman