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Listed by Lei Shen • Re/Max Premier Properties
$1,380,000
Est. payment /mo
3 Beds
2 Baths
1,389 SqFt
New
1123 North Stoneman Avenue Alhambra, CA 91801
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Key Details
Property Type Single Family Home
Sub Type Single Family Residence
Listing Status Active
Purchase Type For Sale
Square Footage 1,389 sqft
Price per Sqft $993
MLS Listing ID AR-26190554
Bedrooms 3
Full Baths 2
Year Built 1939
Lot Size 9,588 Sqft
Property Sub-Type Single Family Residence
Source California Regional Multiple Listing Service (CRMLS)
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.
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
Interior
Heating Wall Furnace
Cooling None
Fireplaces Type None
Laundry Individual Room
Exterior
Garage Spaces 2.0
Pool None
Community Features Curbs
View Y/N Yes
View Mountain(s)
Building
Lot Description Front Yard, 0-1 Unit/Acre
Sewer Public Sewer
Nearby Locations
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