$13,680,000

723 S Stoneman, Alhambra, CA 91801

  • 20,829 sqft
  • Property Icon other
  • Property Year Built Icon Built in 2022
  • Property Lot Size Icon0.66acre lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $657/sqft
  • Property List Date Icon Listed 2 days ago

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

Listing Status:
Active
Date Added:
December 22, 2025 at 06:00AM
Listing Office:
RE/MAX ELITE REALTY : 626-248-9200
Listing Agent:
HE GEORGE GAO : 626-679-0858
MLS ID:
CRWS25279408
  • Appliances: Tankless Water Heater
  • Laundry: Laundry Closet
  • Flooring: CarpetLaminateTile
  • A/C: Central Air
  • Heating: Other
  • Disability Feature: OtherSee Remarks
  • Parking: Other
  • General: Other
  • Originating MLS: CRMLS
  • County: Los Angeles
  • Zoning: 5347014065
  • Utilities: Other Water/SewerWater/Sewer See Remarks
  • Water: Other
  • Sewer: Other
  • Source: CRMLS

This listing courtesy of HE GEORGE GAO, RE/MAX ELITE REALTY

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

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Location

Schools Nearby

B

Baldwin Elementary School

900 S Almansor St, Alhambra, CA, 91801

Grades KG-8

0.41 miles away

B

Baldwin Elementary School

900 S Almansor St, Alhambra, CA, 91801

Grades KG-8

0.41 miles away

A

Alhambra High School

101 S 2nd St, Alhambra, CA, 91801

Grades 9-12

0.51 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.