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About the Listing 9169 - W72428
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.
Listing Highlights
Interior Details
- Bedrooms: 5
- Bathrooms: 7 Full
- Appliances: Dishwasher, Gas Range, Refrigerator, Range Hood, Tankless Water Heater
- Air Cond: Central Air
- Heating: Central
- Fireplaces:
- Floor: Carpet,Laminate,Tile
- Above Ground Sq Ft:
- Below Ground Sq Ft: n/a
- Basement:
- Other: Balcony,Open Floorplan,Stone Counters,All Bedrooms Up
- Water: See Remarks
Exterior Details
- Lot Description: 16-20 Units/Acre,No Land Lease
- Garage Capacity: 36 car
- Parking Spaces: 42
- Roof: Tile
- Others: Lighting,Rain Gutters,Turnkey,Unknown,2+ Total Units
- Sewer: Unknown
- Parking Features: Garage
Financial Details
- Tax Amount: N/A
- Taxes w/Assessments: N/A
- Tax/Property ID: 5347014065
- Tax Year: N/A
Payment Calculator
Monthly Payment
- in Principal and Interest
- in Taxes
Questions About..
723 S Stoneman Alhambra, CA 91801
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