723 S Stoneman, Alhambra, CA 91801
Local realty services provided by:ERA Donahoe Realty
723 S Stoneman,Alhambra, CA 91801
$13,680,000
- 5 Beds
- 7 Baths
- - sq. ft.
- Multi-family
- Active
Listed by: he george gao
Office: re/max elite realty
MLS#:WS25279408
Source:San Diego MLS via CRMLS
Price summary
- Price:$13,680,000
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 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 Valleys most desirable rental markets.
Contact an agent
Home facts
- Listing ID #:WS25279408
- Added:54 day(s) ago
- Updated:February 15, 2026 at 03:11 PM
Rooms and interior
- Bedrooms:5
- Total bathrooms:7
Heating and cooling
- Cooling:Central Forced Air
Structure and exterior
- Roof:Tile/Clay
Finances and disclosures
- Price:$13,680,000
New listings near 723 S Stoneman
- Open Sun, 1 to 3pmNew
$1,480,000Active6 beds 5 baths2,179 sq. ft.102 Curtis, Alhambra, CA 91801
MLS# AR26023126Listed by: PINNACLE REAL ESTATE GROUP - Open Sun, 11am to 5pmNew
$868,000Active4 beds 3 baths1,708 sq. ft.303 Stoneman #A, Alhambra, CA 91801
MLS# CV26019742Listed by: K.W. EXECUTIVE - Open Sun, 1 to 3pmNew
$1,480,000Active6 beds 5 baths2,179 sq. ft.102 S Curtis, Alhambra, CA 91801
MLS# AR26023126Listed by: PINNACLE REAL ESTATE GROUP - New
$1,488,000Active6 beds 4 baths2734 W Ramona Road, Alhambra, CA 91803
MLS# P1-25812Listed by: COMPASS - New
$798,000Active2 beds 2 baths1,371 sq. ft.2617 Westminster, Alhambra, CA 91803
MLS# WS26030270Listed by: COMPASS-PASADENA - New
$1,350,000Active4 beds 2 baths2,870 sq. ft.825 Bushnell Avenue, Alhambra, CA 91801
MLS# P1-25795Listed by: EXP REALTY OF GREATER LOS ANGELES - New
$999,000Active6 beds 6 baths3,090 sq. ft.3227 Sherwood Avenue, Alhambra, CA 91801
MLS# 26646677Listed by: LINK BROKERAGES - New
$849,800Active2 beds 1 baths1,241 sq. ft.612 W Ramona Road, Alhambra, CA 91803
MLS# TR26028924Listed by: PINNACLE REAL ESTATE GROUP - New
$2,300,000Active14 beds 7 baths7,158 sq. ft.204 S Olive Avenue, Alhambra, CA 91801
MLS# 26648997Listed by: REALTY INVESTMENT ADVISORS, INC. - New
$6,000,000Active40 beds 20 baths19,612 sq. ft.1010 S Atlantic Boulevard, Alhambra, CA 91803
MLS# 26649001Listed by: REALTY INVESTMENT ADVISORS, INC.