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723 S Stoneman
For Sale $13,680,000
$13,680,000
- Unknown Bedrooms
- Unknown Bathrooms
- Unknown Sq Ft
- 28,690 Sq Ft
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 Gabriel Valley’s most desirable rental markets.
Amenities
Garage
Pool
Garden
Security System
Internet
Telephone
Heating
Fireplace
Balcony & Patio
TV / Cable
Laundry
Hardwood Floors
Spa
Air Conditioning
Solar Power
Floor Plan
Great Views
Natural Light
Quiet
Water View
Elevator
Guest Unit(s)
Furnished
220 Volt
Property Details
| List Price | $13,680,000 |
| Property Type | Condo/Co-Op |
| Usable Sqft | Unknown |
| Number of Stories | 3 stories |
| Parking Spots | 36 spots |
| Year Built | 2022 |
| Last Sold | Unknown |
| Sold Price | Unknown |
| Association Amenities: | Insurance,Trash, Sewer |
| APN # | 5347014065 |
| MLS # | WS25279408 |
| Property ID | 322465596 |
| Lot Sqft | 28,690 |
| Zoning | Unknown |
| Total Units | 18 |
| Days on Market | 30 |
| Original List Price | $13,680,000 |
| Applicances | Dishwasher,Gas Range,Refrigerator,Range Hood,Tankless Water Heater% |
| Date Updated | December 23, 2025 |
| Date Created | December 22, 2025 |
Listing Provided By
HE GEORGE GAO an agent of . Lic #01422025
© 2026 CRMLS. All rights reserved. Some listings on this website are from CRMLS as of December 23, 2025 The information being 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.
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Robert Crawford
REAL ESTATE AGENT