723 S Stoneman, Alhambra, CA 91801
- $12,980,000
Listed by HE GEORGE GAO, 626-679-0858 from RE/MAX ELITE REALTY
(If provided) CoList: from
- List Price
- $12,980,000
- MLS#
- CRWS26145193
- Status
- ACTIVE
- Lot Size
- 28,690
- Listing Area
- 601 - Alhambra
- Year Built
- 2022
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
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Additional Information
- Amenities
- Balcony/Patio, Window Covering(s), Double Pane Windows(s), Counter - Stone, Other, Screens
- Cooling System
- Central AC
- Energy Features
- Tankless Water Heater, Double Pane Windows
- Floor Covering
- Laminate
- Foundation
- Concrete Perimeter
- Garage Parking
- Garage
- Heating System
- Central Forced Air
- Laundry Facilities
- In Closet
- Lot Size
- 28,690
- Neighborhood
- 601 - Alhambra
- Other Rooms
- Formal Entry
- Pool Description
- None
- Roof
- Tile
- Sewer
- TBD
- Style
- Traditional
- Unincorporated Yn
- Yes
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