Property Details
About this Property
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
MLS Listing Information
MLS #
CRWS25279408
MLS Source
California Regional MLS
Days on Site
1
Interior Features
Appliances
Dishwasher, Hood Over Range, Oven Range - Gas
Flooring
Laminate
Cooling
Central Forced Air
Heating
Central Forced Air
Exterior Features
Roof
Tile
Foundation
Concrete Perimeter
Style
Traditional
Parking, School, and Other Information
Garage/Parking
Garage, Garage: 36 Car(s)
Water
Other
Unit Information
| # Buildings | # Leased Units | # Total Units |
|---|---|---|
| 18 | – | – |
Neighborhood: Around This Home
Neighborhood: Local Demographics
Nearby Homes for Sale
723 S Stoneman is a Residential Income in Alhambra, CA 91801. This – square foot property sits on a 28,690 Sq Ft Lot and features – bedrooms & – full bathrooms. It is currently priced at $13,680,000 and was built in 2022. This address can also be written as 723 S Stoneman, Alhambra, CA 91801.
©2025 California Regional MLS. All rights reserved. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Information provided is for personal, non-commercial use by the viewer and may not be redistributed without explicit authorization from California Regional MLS.
Presently MLSListings.com displays Active, Contingent, Pending, and Recently Sold listings. Recently Sold listings are properties which were sold within the last three years. After that period listings are no longer displayed in MLSListings.com. Pending listings are properties under contract and no longer available for sale. Contingent listings are properties where there is an accepted offer, and seller may be seeking back-up offers. Active listings are available for sale.
This listing information is up-to-date as of December 22, 2025. For the most current information, please contact HE GEORGE GAO, (626) 679-0858
