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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Listed by HE GEORGE GAO • RE/MAX ELITE REALTY
$ 13,680,000
Est. payment /mo
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Active

723 S Stoneman Alhambra, CA 91801

0.66 Acres Lot


UPDATED:

Key Details

Property Type Commercial

Listing Status Active

Purchase Type For Sale

MLS Listing ID CRWS25279408

Style Traditional

Year Built 2022

Lot Size 0.659 Acres

Source California Regional MLS

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

Location

State CA

County Los Angeles

Area 601 - Alhambra

Rooms

Kitchen Dishwasher, Hood Over Range, Oven Range - Gas, Refrigerator

Interior

Heating Central Forced Air

Cooling Central AC

Flooring Laminate

Laundry In Closet

Exterior

Parking Features Garage

Garage Spaces 42.0

Pool None

Roof Type Tile

Building

Foundation Concrete Perimeter

Sewer TBD

Water Other

Architectural Style Traditional

Others

Tax ID 5347014065

Special Listing Condition Not Applicable


MLS Listing IDX PLUS

Nearby Locations

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.
Maxwell Dukelow

Maxwell Dukelow

Agent | License ID: 02113278

+1(408) 508-3200

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723 S Stoneman