1123 N Stoneman Avenue, Alhambra, CA, 91801

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$1,380,000
16 Days On Site

1123 N Stoneman Avenue
Alhambra, CA 91801

For Sale|Single Family Residence|Active
3
Beds
2
Total Baths
2
Full Baths
1,389
SqFt
$994
/SqFt
1939
Built
County:
Los Angeles
Listed by Lei Shen of Re/Max Premier Properties [email protected]
1123 N Stoneman Avenue1123 N Stoneman Avenue1123 N Stoneman Avenue1123 N Stoneman Avenue
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Monthly Payment (Est.)

$6,296
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Developer’s Opportunity! Location, Location, Location! Rare Land-Value Offering in Prestigious North Alhambra! 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.

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Listing Snapshot
Price 
$1,380,000
Days On Site 
16 Days
Bedrooms 
3
Inside Area (SqFt) 
1,389 sqft
Total Baths 
2
Full Baths 
2
Partial Baths 
N/A
Lot Size 
0.2201 Acres
Year Built 
1939
MLS® Number 
AR26190554
Status 
Active
Property Tax 
N/A
HOA/Condo/Coop Fees 
N/A
Sq Ft Source 
Assessor
Friends & Family
Recent Activity
2 weeks agoStatus changed to Active
2 weeks agoListing updated with changes from the MLS®
2 weeks agoListing first seen on site
General Features
Acres 
0.2201
Garage 
Yes
Garage Spaces 
2
Land Lease 
No
Levels 
One
Number Of Stories 
1
Parking Spaces 
2
Property Sub Type 
Single Family Residence
Sewer 
Public Sewer
Special Circumstances 
Standard
Water Source 
Public
Interior Features
Fireplace Features 
None
Heating 
Wall Furnace
Laundry Features 
Laundry Room
Main Level Bedrooms 
1
Bedroom 
Kitchen 
Laundry 
Living Room 
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Exterior Features
Lot Features 
Front Yard
Pool Features 
None
View 
Mountain(s)Neighborhood
Waterview 
Mountain(s)Neighborhood
Community Features
Community Features 
Curbs
MLS Area 
601 - Alhambra
School District 
Alhambra
Financing Terms Available 
CashConventional1031 Exchange
Building Access 
1
Schools
School District
Alhambra
Elementary School
Unknown
Middle School
Unknown
High School
Unknown


This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. The display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, the Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.

Neighborhood & Commute
Source: Walkscore
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