Home | Los Angeles County | Alhambra | 91801 | 723 S Stoneman
MLS: CRWS26145193 | Status: | Price: $12,980,000
Beds/Baths: – / –
Property Type: Residential Income
| Beds | Baths | Sq Ft | Sq Ft Lot | Yr Built |
|---|---|---|---|---|
| – | – | – | 28,690 | 2022 |
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
| Field | Value |
|---|---|
| MLS # | CRWS26145193 |
| MLS Source | California Regional MLS |
| Days on Site | 13 |
| Feature | Details |
|---|---|
| Appliances | Dishwasher, Hood Over Range, Oven Range - Gas |
| Flooring | Laminate |
| Cooling | Central Forced Air |
| Heating | Central Forced Air |
| Feature | Details |
|---|---|
| Roof | Tile |
| Foundation | Concrete Perimeter |
| Style | Traditional |
| Feature | Details |
|---|---|
| Garage/Parking | Garage, Garage: 36 Car(s) |
| Water | Other |
HE GEORGE GAO
RE/MAX ELITE REALTY
License #: 01422025
Phone: (626) 679-0858
| # Buildings | # Leased Units | # Total Units |
|---|---|---|
| 18 | – | – |
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This listing information is up-to-date as of July 03, 2026. For the most current information, please contact HE GEORGE GAO, (626) 679-0858.