1123 N Stoneman AVE, Alhambra, CA 91801
1123 N Stoneman AVE, Alhambra, CA 91801
1123 N Stoneman AVE, Alhambra, CA 91801
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$ 1,380,000
Est. payment | /mo

3 Beds

2 Baths

1,389 SqFt


Save
$ 1,380,000
Est. payment | /mo
Save

3 Beds

2 Baths

1,389 SqFt

Key Details

Property Type Single Family Home

Sub Type Single Family Residence

Listing Status Coming Soon

Purchase Type For Sale

Square Footage 1,389 sqft

Price per Sqft $993

MLS Listing ID AR26190554

Bedrooms 3

Full Baths 2

HOA Y/N No

Year Built 1939

Lot Size 9,587 Sqft

Property Sub-Type Single Family Residence

Property Description

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.

Location

State CA

County Los Angeles

Area 601 - Alhambra

Rooms

Main Level Bedrooms 1

Interior

Interior Features All Bedrooms Down

Heating Wall Furnace

Cooling None

Fireplaces Type None

Fireplace No

Laundry Laundry Room

Exterior

Garage Spaces 2.0

Garage Description 2.0

Pool None

Community Features Curbs

View Y/N Yes

View Mountain(s), Neighborhood

Total Parking Spaces 2

Private Pool No

Building

Lot Description 0-1 Unit/Acre, Front Yard

Dwelling Type House

Story 1

Entry Level One

Sewer Public Sewer

Water Public

Level or Stories One

New Construction No

Schools

School District Alhambra

Others

Senior Community No

Tax ID 5322011022

Acceptable Financing Cash, Cash to New Loan, Conventional, 1031 Exchange

Listing Terms Cash, Cash to New Loan, Conventional, 1031 Exchange

Special Listing Condition Standard

CRMLS Full IDX Feed (MAIN Website Search)
Listed by Lei Shen Re/Max Premier Properties 626-328-9331, DRE #02149555

Nearby Locations

GET MORE INFORMATION

Carlos Echegaray
Carlos Echegaray

Broker Lic# DRE 02006401

+1(805) 229-9548

15303 Ventura Blvd Suite 900, Oaks, Ca 91403

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1123 N Stoneman AVE