$1,280,000
1123 N Stoneman Avenue
Alhambra, CA 91801
3
Beds
2
Baths
1,389
Sq. Ft.
1939
Year Built
Los Angeles
County
SingleFamilyResidence
Property Type
About this home
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.
Property Details
Architecture
Features & Amenities
Property Features
Community
Tax & Financial
Request a Tour
Mortgage Estimate
$6,813/mo
20% down · 7% APR · 30-yr fixed
Estimate only. Does not include taxes, insurance, or HOA.
Last updated: October 21, 2026 at 8:30 PMThe multiple listing data appearing on this website is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. 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. All listing data, including but not limited to square footage and lot size, is believed to be accurate but is not guaranteed by the listing Agent, listing Broker, or CRMLS. Buyers are responsible for verifying the accuracy of all information and should independently investigate the data or retain appropriate professionals prior to making any decisions. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information herein may or may not have been the Listing and/or Selling Agent. Properties may or may not be listed by the office/agent presenting the information. The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed.