Alhambra, CA 91801,723 South Stoneman
See all 11 photos
Alhambra, CA 91801,723 South Stoneman
Alhambra, CA 91801,723 South Stoneman
Alhambra, CA 91801,723 South Stoneman
Alhambra, CA 91801,723 South Stoneman
REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.
In-PersonVirtual Tour
Sat
17
Jan
Sun
18
Jan
Mon
19
Jan
Cris Epstein

Cris Epstein

+1(818) 269-4377
Listed by HE GEORGE GAO • RE/MAX ELITE REALTY
$ 13,680,000
Est. payment /mo
Save
Active

723 South Stoneman Alhambra, CA 91801

20,829 SqFt

UPDATED:

Key Details

Property Type Single Family Home

Sub Type Apartment

Listing Status Active

Purchase Type For Sale

Square Footage 20,829 sqft

Price per Sqft $656

MLS Listing ID WS-25279408

Style Traditional

Year Built 2022

Lot Size 0.659 Acres

Property Sub-Type Apartment

Source California Regional Multiple Listing Service (CRMLS)

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 Valley's most desirable rental markets.

Location

State CA

County Los Angeles

Area 601 - Alhambra

Interior

Interior Features Living Room Balcony, Open Floorplan, Stone Counters

Heating Central

Flooring Carpet, Laminate, Tile

Fireplaces Type None

Laundry In Closet

Exterior

Exterior Feature Lighting, Rain Gutters

Parking Features Garage

Garage Spaces 36.0

Pool None

Community Features Sidewalks, Street Lights

Utilities Available Sewer Available, Water Connected, Electricity Available, Electricity Connected, Natural Gas Connected

Building

Lot Description 16-20 Units/Acre

Sewer Unknown

Cris Epstein

Cris Epstein

Advisor | License ID: 01385089

+1(818) 269-4377

GET MORE INFORMATION

Name
Phone*
Message

By checking this box, I agree by electronic signature to the Electronic Disclosure Consent Agreement; to receive recurring marketing communication from or on behalf of Cris Epstein, including auto-dialed calls, texts, and artificial/prerecorded voice messages (message frequency varies; data rates may apply; reply "STOP" to opt-out of texts or "HELP" for assistance); and to the Terms of Service and Privacy Policy of this website. Consent not required to make a purchase. I understand that I can call to obtain direct assistance.

Go tour this home

723 South Stoneman