1123 N Stoneman Avenue
Alhambra, CA 91801
$1,380,000
- 3 beds
- 2 baths
- 1,389 sq ft
- 0.22 acres
- Built 1939
Listed by Re/Max Premier Properties · MLS #AR26190554
A FEW THINGS TO NOTICE
What stands out.
Year built
Built in 1939.
Garage parking
2 garage spaces listed.
Property size
0.22 acres listed.
Highlights from the listing description and property details. Confirm features with the listing agent.
THE PROPERTY
Get to know the property.
An exceptional redevelopment opportunity awaits in the highly desirable Bean Tract of North Alhambra, ideally positioned near the borders of San Marino and South Pasadena. Set on a deep lot within one of Alhambra’s most sought-after residential neighborhoods, this R-3-zoned property presents outstanding potential for a thoughtfully designed multifamily development.
The seller has prepared a conceptual site plan. It subject to all applicable requirements and City approval. Conceptual plans and additional development information are available in the listing supplements for review.
The property is currently improved with a three-bedroom, two-bathroom residence and is offered for land value in its present “AS IS” condition. The property is tenant-occupied. Drive-by only—please do not enter the property or disturb the occupants.
The premier location offers convenient access to upscale shopping, dining, schools, parks, and major transportation routes, with excellent connectivity to San Marino, South Pasadena, Pasadena, and Downtown Los Angeles. This distinguished offering represents a rare opportunity for developers, builders, and investors to create a desirable residential community in a prime North Alhambra setting.
Buyer and buyer’s representatives are advised to independently verify zoning, allowable density, development standards, conceptual plans, square footage, parking requirements, California Density Bonus eligibility, City requirements, and all other development possibilities with the City of Alhambra and appropriate professionals. No representation or guarantee is made regarding the feasibility, entitlement, or approval of any proposed development.
THE NEIGHBORHOOD
Explore the location.
1123 N Stoneman Avenue, Alhambra, CA 91801
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THE DETAILS
The details, all in one place.
- Property type
- Residential
- Category
- Residential
- Year built
- 1939
- Full baths
- 2
- Garage spaces
- 2
- Cooling
- None
- Heating
- WallFurnace
- Pool
- No
- Pool features
- None
- Parcel
- 5322011022
- HOA fee
- $0.00
Features and school information are supplied by the listing source. Confirm measurements, school assignments, HOA terms and rental restrictions before making a decision.
OWNERSHIP, WITH A PLAN
Investor outlook.
Explore this property’s rental potential with an all-cash purchase. Monthly rent starts at 5% of the purchase price per year, divided by 12. Adjust it and the other assumptions to explore your scenario.
ERA PROPERTY MANAGEMENT
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Considering this property as a rental? Start with the numbers, then talk through the day-to-day with a local management team.
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Review rental pricing, property condition and your ownership goals with a local professional.
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LOCAL PEOPLE. SHARED COMMITMENT.
A team behind your next step.
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Meet ERA Property ManagementResidential management in Utah, Nevada and Texas. Service availability and rental eligibility must be confirmed for each property. Commercial and association services are available through our management services page.
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1123 N Stoneman Avenue, Alhambra, CA 91801 · MLS #AR26190554
More in Alhambra.
$965,000
$949,000
$1,199,500Listing information
MLS #AR26190554 · California Regional MLS
Listing brokerage: Re/Max Premier Properties
Listing agent: Lei Shen
Listing status: Active. Record updated . Confirm current availability and price with the listing agent.
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 © 2023 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. Information deemed reliable but not guaranteed. Copyright © 2023 California Regional Multiple Listing Service, Inc. All rights reserved.