723 S Stoneman, Alhambra, CA 91801

Alhambra
Local realty services provided by:Better Homes and Gardens Real Estate Oak Valley
723 S Stoneman,Alhambra, CA 91801
$12,980,000
  • - Beds
  • - Baths
  • 20,829 sq. ft.
  • Multi-family
  • Active
Listed by: he george gao
Office: re/max elite realty626-248-9200
MLS#:WS26145193
Source:CRMLS

Price summary

  • Price:$12,980,000
  • Price per sq. ft.:$623.17

About this home

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...

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Home facts

  • Year built:2022
  • Listing ID #:WS26145193
  • Added:33 day(s) ago
  • Updated:August 06, 2026 at 10:36 AM

Rooms and interior

  • Flooring:Carpet, Laminate, Tile
  • Kitchen Description:Dishwasher, Gas Range, Range Hood, Refrigerator
  • Living area:20,829 sq. ft.

Heating and cooling

  • Cooling:Central Air
  • Heating:Central
  • Central air:Yes

Structure and exterior

  • Roof:Tile
  • Year built:2022
  • Building area:20,829 sq. ft.
  • Lot area:0.66 Acres
  • Architectural Style:Traditional
  • Exterior Features:Lighting, RainGutters
  • Foundation Description:Concrete Perimenter

Utilities

  • Water:Water Connected
  • Sewer:Sewer Available

Finances and disclosures

  • Price:$12,980,000
  • Price per sq. ft.:$623.17

Features and amenities

  • Appliances:Dishwasher
  • Amenities:All Bedrooms Up, Balcony, Koi Pond, Open Floor Plan, Rain Gutters, Stone Counters, Tankless Water Heater

Parking

  • Total parking spaces:42
  • Parking description:6 Carport Space(s), Garage
  • Garage:Yes
  • Garage spaces:36
  • Carport spaces:6
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