$1,280,000

1123 N Stoneman Avenue, Alhambra, CA 91801

Land
Built in ——
9,588sqft lot
—— car garage
$——/sqft
Listed 1 month ago

Property Description

Developer’s Opportunity! Location, Location, Location! Rare Land-Value Offering in Prestigious North Alhambra! An exceptional redevelopment opportunity awaits in the highly desirable Bean Tract of North Alhambra, ideally positioned near the borders of San Marino and South Pasadena. Set on a deep lot within one of Alhambra’s most sought-after residential neighborhoods, this R-3-zoned property presents outstanding potential for a thoughtfully designed multifamily development. The seller has prepared a conceptual site plan. It subject to all applicable requirements and City approval. Conceptual plans and additional development information are available in the listing supplements for review. The property is currently improved with a three-bedroom, two-bathroom residence and is offered for land value in its present “AS IS” condition. The property is tenant-occupied. Drive-by only—please do not enter the property or disturb the occupants. The premier location offers convenient access to upscale shopping, dining, schools, parks, and major transportation routes, with excellent connectivity to San Marino, South Pasadena, Pasadena, and Downtown Los Angeles. This distinguished offering represents a rare opportunity for developers, builders, and investors to create a desirable residential community in a prime North Alhambra setting. Buyer and buyer’s representatives are advised to independently verify zoning, allowable density, development standards, conceptual plans, square footage, parking requirements, California Density Bonus eligibility, City requirements, and all other development possibilities with the City of Alhambra and appropriate professionals. No representation or guarantee is made regarding the feasibility, entitlement, or approval of any proposed development.

Listing Status:: Active
Date Added:: September 29, 2026
Data Last Updated:: October 8, 2026 at 10:17PM
Listing Office:: Re/Max Premier Properties : 626-229-2200
Listing Agent:: Lei Shen : 626-229-2200
Contact:: 626-328-9331
MLS ID:: AR26211812

HOA Amenities: 0.0
Originating MLS: CRMLS_CRM
County: Los Angeles

Zoning: ALRPD5322011022
View: Mountain(s)NeighborhoodView

Water: Public

Source: CRMLS_CRM

This listing courtesy of Lei Shen , Re/Max Premier Properties

Monthly Payment

$Est. Payment

Principal & Interest $
Property Taxes $
Home Insurance $
VA Funding Fee $

Ready to Start a VA Loan?

Get Started

NMLS #1907 ^†

Get Prequalified »

Interest rates used in the VA mortgage calculator are shown for illustrative purposes only. Your rate may differ based on a variety of factors, including your credit score and the current market conditions. To get your personalized interest rate, start your quote online.