723 S Stoneman Ave, Alhambra, CA 91801
Property image
Property image
FOR SALE
0.66 ACRES
Listed by HE GEORGE GAO, RE/MAX ELITE REALTY, (626) 248-9200

723 S Stoneman Ave
Alhambra, CA 91801

  • 40 Beds
  • 58 Baths
  • 20,829 sqft (on 0.66 acres)

$12,980,000

Est. Mortgage $79,295/mo*
Get Pre-Qualified

$12,980,000

Est. Mortgage $79,295/mo*
Get Pre-Qualified
40 Beds
58 Baths
20,829 sqft
(on 0.66 acres)

Home Highlights

Parking
Garage
Climate Control
Heating & Cooling
Price/Sqft
$623
Listed
35 days ago

Local Information

  • Map ViewExplore the area around 723 S Stoneman Ave.
  • Schools1 Elementary School1 Middle School1 High School
  • Shop & Eat
-- mins to
Commute Destination

About this House

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 Valley’s most desirable rental markets.

Home Details for 723 S Stoneman Ave

Interior Features

Interior Details
Number of Rooms: 5Types of Rooms: Bedroom, Entry Foyer, Kitchen, Laundry, Living Room
Beds & Baths
Number of Bedrooms: 40Number of Bathrooms: 58
Appliances & Utilities
Utilities: Electricity Available, Electricity Connected, Natural Gas Connected, Sewer Available, Water ConnectedAppliances: Dishwasher, Gas Range, Refrigerator, Range Hood, Tankless Water HeaterDishwasherLaundry: Laundry ClosetRefrigerator
Heating & Cooling
Heating: CentralHas CoolingAir Conditioning: Central AirHas HeatingHeating Fuel: Central
Fireplace & Spa
Fireplace: NoneNo Fireplace
Gas & Electric
Electric: Standard
Windows, Doors, Floors & Walls
Window: Blinds, Double Pane Windows, ScreensFlooring: Carpet, Laminate, TileCommon Walls: 1 Common Wall
Levels, Entrance, & Accessibility
Number of Stories: 3Entry Location: Front DoorAccessibility: Parking, See RemarksFloors: Carpet, Laminate, Tile

Exterior Features

Exterior Home Features
Roof: TileExterior: Lighting, Rain GuttersFoundation: Concrete PerimeterNo Private Pool
Parking & Garage
Number of Garage Spaces: 36Number of Carport Spaces: 6Number of Covered Spaces: 42Has a CarportHas a GarageNo Attached GarageParking Spaces: 42Parking: Garage
Pool
Pool: None
Frontage
Not on Waterfront
Water & Sewer
Sewer: Unknown
Surface & Elevation
Elevation Units: Feet

Days on Market

Days on Market: 35

Property Information

Year Built
Year Built: 2022
Property Type / Style
Property Type: Residential IncomeProperty Subtype: Multi FamilyArchitecture: Traditional
Building
Construction Materials: UnknownNot a New ConstructionAttached To Another StructureNo Additional Parcels
Property Information
Condition: TurnkeyParcel Number: 5347014065

Price & Status

Price
List Price: $12,980,000Price Per Sqft: $623
Status Change & Dates
Possession Timing: Close Of Escrow

Active Status

MLS Status: Active

Location

Direction & Address
City: Alhambra

Agent Information

Listing Agent
Listing ID: WS26145193

Building

Building Area
Building Area: 20829 Square Feet

Community

Community Features: Street Lights, SidewalksNot Senior Community

HOA

HOA Fee Includes: SewerAssociation for this Listing: California Regional MLS

Lot Information

Lot Area: 0.66 acres

Listing Info

Special Conditions: Standard

Offer

Contingencies: Drive by only. Text George for detailsListing Terms: Cash to New Loan, Conventional

Rental Terms, Policies & Fees

No Rent Control

Miscellaneous

Mls Number: WS26145193Living Area Range Units: Square FeetAttribution Contact: 626-679-0858Common Interest: Community ApartmentUniversal Property Id: US-06037-N-5347014065-R-N

Additional Information

HOA Amenities: Insurance,TrashSource Internet Entire Listing Display
Last check for updates: about 4 hours ago
Listing Provided by: HE GEORGE GAO DRE #01422025, (626) 679-0858
RE/MAX ELITE REALTY
Originating MLS: California Regional MLS
Source: CRMLS, MLS#WS26145193
Also Listed on CRMLS.

Market trends in Alhambra

Last updated June 2026
Buyer'sMarketSeller'sMarket
Avg. sale price
$901K
$34.83KMoM
Sale-to-List Price
100.5%
Price per sq ft
$621
$9MoM
Available listings
133
3MoM

Price History for 723 S Stoneman Ave

DatePriceEventSource
07/03/2026$12,980,000Listed For SaleCRMLS #WS26145193
03/06/2018$2,420,000Sold
N/A

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Property Tax and Assessment

Year2025
Tax$98,525
Assessment$7,955,309
Home facts updated by county records

Comparable Sales for 723 S Stoneman Ave

Address
Distance
Property Type
Sold Price
Sold Date
Bed
Bath
Sqft
120 W Grand Ave, Alhambra, CA
0.85
Multi-Family Home
$5,600,000
08/12/25
38
34
23,237
135 N 5th St, Alhambra, CA
0.80
Multi-Family Home
$4,800,000
06/15/26
29
30
15,650
601 N Stoneman Ave, Alhambra, CA
1.00
Multi-Family Home
$4,780,000
09/10/25
35
29
13,436
15 E Beacon St, Alhambra, CA
0.25
Multi-Family Home
$1,630,000
02/25/26
10
11
5,951
204 S Olive Ave, Alhambra, CA
0.78
Multi-Family Home
$2,428,000
03/02/26
14
7
7,158
215 S 5th St, Alhambra, CA
0.53
Multi-Family Home
$1,960,888
10/14/25
10
10
5,460
917 Edith Ave, Alhambra, CA
0.98
Multi-Family Home
$2,615,000
01/30/26
19
10
7,872
101 S Olive Ave, Alhambra, CA
0.83
Multi-Family Home
$2,150,000
03/02/26
14
7
5,416
101 E Alhambra Rd #E, Alhambra, CA
1.01
Multi-Family Home
$2,650,000
09/12/25
13
11
8,015
111 Los Higos St, Alhambra, CA
0.18
Multi-Family Home
$1,220,000
12/22/25
5
3
2,284

Nearby homes

Get a sense of prices in the area by checking nearby homes.
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Assigned Schools

These are the assigned schools for 723 S Stoneman Ave.
View nearby schools on GreatSchools
The GreatSchools Rating compares schools on a variety of school quality indicators including test scores, college readiness, equity and more. Learn more.

What Locals Say about Alhambra

At least 734 Trulia users voted on each feature.

  • 90 % Say there are sidewalks

  • 83 % Say it's dog friendly

  • 77 % Say it's walkable to restaurants

  • 74 % Say car is needed

  • 67 % Say people would walk alone at night

  • 67 % Say streets are well-lit

  • 67 % Say it's walkable to grocery stores

  • 64 % Say parking is easy

  • 59 % Say they plan to stay for at least 5 years

  • 59 % Say yards are well-kept

  • 58 % Say there's holiday spirit

  • 56 % Say it's quiet

  • 48 % Say kids play outside

  • 47 % Say neighbors are friendly

  • 47 % Say there's wildlife

  • 26 % Say there are community events

Sourced by Trulia users. Learn more about our methodology.
  • Pattyramirez626
    "Quiet and friendly neighbors. People are always walking their dogs. Lots of restaurants, stores and entertainment walking distance. Freeways ate close as well"
    0
    Flag
  • Pattyramirez626
    "I see people walking their dogs every day and are good about picking up after them. "
    0
    Flag
  • Lynnstoner.mansir
    "Beautiful Alhambra Park has a lot of activities on the weekends all summer. Live bands, kids movies, swimming pool. The streets at night have very dark areas when walking. It’s a safe area but I’d still be cautious. "
    0
    Flag
  • Ella M.
    "I’ve lived here for 7 years. The parks here are lovely and dog-friendly. Stores and restaurants are a mile away, so they’re walkable but not too close. My neighbors are polite but not nosy, and I feel very safe here. The only thing I don’t like is that it takes about 20 minutes to reach any freeway due to numerous stop signs, traffic lights, traffic and distance. "
    0
    Flag
  • Cesar Martinez
    "There’s a big sense of a community in Alhambra, it’s busy during the day, quiet at night in residential neighborhoods but it seems very safe "
    0
    Flag
  • Skye Ledoux
    "It’s a very safe neighborhood with several young families and lots of community activities. Close to many great restaurants and grocery stores, as well as well maintained parks. Alhambra is a very family friendly area."
    0
    Flag
  • H89hx9sdw6
    "Lived here all my life never had any issues with the city although sometimes it can be a bit difficult with the parking here unless you are a resident you need to get permit so it makes it difficult for people with multiple vehicles "
    0
    Flag
  • Rener4001
    "Some streets can feel large to different gas but overall great streets to walk very safe lots of other dog walkers "
    0
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  • Low
    "I’ve lived in this neighborhood for 6 years. It’s pretty quiet and it seems most people like to keep to themselves and not cause a ruckus. I run around 8-9pm in the dark and generally feel pretty safe. The thing you most likely have to lookout for are the coyotes. Other than that, I enjoy living in the neighborhood and it seems like it’s safe enough that parents don’t mind letting their kids out to play."
    0
    Flag
  • Brenda Estrada
    "It’s a prime location near DTLA, Pasadena and other surrounding neighborhoods. It’s also filled with trees that make it beautiful "
    0
    Flag
  • Alfred Cherrington Jr
    "Lots of nice parks for kids, super friendly, fun on Halloween. Summer time offers free meals at all the parks as well "
    0
    Flag
  • Lynn
    "I work from home. But driving during commute hours is a drag, like it is everywhere in L.A. Just to get to the freeway takes 15 minutes. "
    0
    Flag
  • Charlie Rodarte
    "Dog owners would like the walkable sidewalks. I personally don't walk my dog. I usually just walk everywherem"
    0
    Flag
  • Trulia User
    "Schools are great for our children. Neighborhood is always quiet. Pricing for homes are higher than average but i would love to live here long term. 5 years in currently."
    0
    Flag
  • Pgt47wj8x8
    "Close to downtown la 15 min drive on a good day 30 minutes on a high traffic day over all easy to get around "
    0
    Flag
  • Trulia User
    "Schools and education are very important in alhambra. Mandarin is taught in loca Montessori schools."
    0
    Flag
  • Lynnstoner.mansir
    "There are a lot of dog owners here. There are two groups of dog owners and their dogs who meet at the park every afternoon - - one group for big dogs and one for small and mid-size dogs. Everyone is friendly. "
    5
    Flag
  • Mariela Cortés
    "I’ve lived in Alhambra for 6 years and have not found a problem. The school districts are okay, not as great as others."
    0
    Flag
  • Trulia User
    "I don’t actually know? Why is there a minimum requirement here! I don’t have enough to write. There’s trees and stuff. Dogs like trees"
    0
    Flag
  • Trulia User
    "El sereno is not really safe. Do not move here lol. Unless you want trouble I would not suggest it. "
    6
    Flag
  • Veganltlbear
    "Great for raising a family, parks close by, good schools, great downtown for many activities. Try to find one of the SFR zine areas and you’ll be happy "
    1
    Flag
  • Jmartinezucla
    "Everyone has dogs on a leash and it’s a nice area to walk in. The park is a few blocks away and is set up with doggy bags stands."
    12
    Flag
  • Christina M.
    "Feels like a community, very welcoming would recommend to a friend or potential neighbor. Very safe, quiet, everyone to themselves, close to freeways, away from city"
    0
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  • Kenneth J.
    "This is a Great area and is really neighborhood friendly ... I love in the area and never had a problem !!"
    4
    Flag
  • Susana R.
    "The water supply is more cleaner and the neighborhood is safe. Downtown Main Street is very nice and popular."
    0
    Flag
  • Tommy L.
    "It’s alright, no traffic to DTLA is 15 mins but with traffic it could be up to 45 mins. Easy drive to Pasadena. "
    0
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  • Abraham B.
    "Pandemic times - no commute - work from home - traffic has been minimal otherwise compared to the city."
    0
    Flag
  • Darrell T.
    "Weekly farmers market on Main Street. Easter egg, 4th of July celebration, and many other seasonal events. Many community events."
    1
    Flag
  • Steven H.
    "Lots of beautiful neighborhood areas to walk. Not everyone in the area is very dog friendly, some people seem stand-off-ish if they pass you while walking "
    0
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  • Ashley C.
    "I love it here. Lots of restaurants and not too far from LA. I don’t know if this is a good area for kids but I think it’s good for younger adults or older adults without kids definitely."
    3
    Flag
  • Miles T.
    "I live here for a year and street parking is a big issue but only in certain areas, always be careful where u park."
    1
    Flag
  • Breanna F.
    "It’s a great place. I’ve lived in Alhambra for 2 years and borderline Alhambra/ El Sereno for 5 and there’s a little bit of everything here. Everything is close by and welcoming "
    4
    Flag
  • Virginia G.
    "They would like that the streets are not terribly busy with passing cars. People are respectful and it is very peaceful to go for walks around here. "
    3
    Flag
  • Allysgirls
    "There are community events hosted by the local firefighters at the fire department throughout the year. "
    0
    Flag
  • Julia
    "Their is a annual event with the cops dinner night. All their reading program event that happen during the summer. The music Friday nights at Ricky’s. The pumpkin patch run. "
    0
    Flag
  • Miguelavila54
    "Our area has great schools, parks and restaurants. It’s a friendly town and great to live and be part of this wonderful community."
    0
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  • Jenny M.
    "Loving this city everyone here are very respectful and nice. I just recently moved to Alhambra and I’m glad I did "
    0
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  • Gabby052785
    "there is a lot of activity for families in the park , the schools are very good. Alhambra is a very good neighborhood to live with family. "
    0
    Flag
  • Marcella G.
    "Neighbor hood watch meetings staying connected to our city’s web page and all the events that happen in our city"
    0
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  • Tommy H.
    "The neighborhood is very diverse in age and also cultures. Everyone is friendly and I haven't experienced any "bad" neighbors in the past three years. "
    0
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LGBTQ Local Legal Protections

HE GEORGE GAO, RE/MAX ELITE REALTY
Agent Phone: (626) 679-0858
The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.
Based on information from California Regional Multiple Listing Service, Inc. as of 2026-08-07 06:22:57 PDT and /or other sources. 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
723 S Stoneman Ave, Alhambra, CA 91801 is a 40 bedroom, 58 bathroom, 20,829 sqft multi-family built in 2022. This property is currently available for sale and was listed by CRMLS on Jul 3, 2026. The MLS # for this home is MLS# WS26145193.