723 S Stoneman, Alhambra, CA 91801

Alhambra
Local realty services provided by:ERA North Orange County Real Estate
723 S Stoneman,Alhambra, CA 91801
$13,680,000
  • - Beds
  • - Baths
  • 20,829 sq. ft.
  • Multi-family
  • Active
Listed by: he george gao
Office: re/max elite realty
MLS#:WS25279408
Source:CRMLS

Price summary

  • Price:$13,680,000
  • Price per sq. ft.:$656.78

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 #:WS25279408
  • Added:99 day(s) ago
  • Updated:March 28, 2026 at 01:23 PM

Rooms and interior

  • Flooring:Carpet, Laminate, Tile
  • Kitchen Description:Dishwasher, Gas Range, Range Hood, Refrigerator, Stone Counters
  • Bedroom Description:All Bedrooms Up
  • Living area:20,829 sq. ft.

Heating and cooling

  • Cooling:Central Air
  • Heating:Central Furnace
  • 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
  • Foundation Description:Concrete Perimeter

Utilities

  • Water:Water Connected
  • Sewer:Sewer Available

Finances and disclosures

  • Price:$13,680,000
  • Price per sq. ft.:$656.78

Features and amenities

  • Appliances:Dishwasher, Gas Range, Range Hood, Refrigerator, Tankless Water Heater
  • Laundry features:Laundry Closet
  • Amenities:Balcony, Double Pane Windows, Lighting, Open Floorplan, Rain Gutters

Parking

  • Total parking spaces:42
  • Parking description:6 Carport Space(s), Garage
  • Garage:Yes
  • Garage spaces:36
  • Carport spaces:6
Based on information from California Regional Multiple Listing Service, Inc. as of April 1, 2026 . This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent. The information provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified.

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