# 1123 N Stoneman Avenue, Alhambra, CA 91801 > **TL;DR:** land, $1,280,000. Est. $6,845/mo. Listed 61 days. ## Property at a Glance | Attribute | Value | |-----------|-------| | Price | $1,280,000 | | Lot Size | 9,588 sqft (0.22 acres) | | Property Type | Land (Other) | | Status | Active | | Days on Market | 61 | ## Estimated Monthly Costs | Category | Amount | |----------|--------| | Principal & Interest (20% down, 30-year at 6.5%) | $6,472 | | Estimated Insurance | $373 | | **Total** | **$6,845** | ## Property Highlights - 0.22 acre lot ## Description ### Agent 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 - **Address:** 1123 N Stoneman Avenue, Alhambra, CA 91801 - **County:** Los Angeles ## Listing Agent - **Name:** Lei Shen · **License:** 02149555 - **Brokerage:** RE/MAX Premier Properties - **Broker Phone:** (626) 229-2200 ## Photos ![1123 N Stoneman Avenue - Photo 1](http://lh.rdcpix.com/1ab564968f1c7388faa54f78836318a9l-f2744175175r.jpg) ![1123 N Stoneman Avenue - Photo 2](http://lh.rdcpix.com/1ab564968f1c7388faa54f78836318a9l-f20149009r.jpg) ![1123 N Stoneman Avenue - Photo 3](http://lh.rdcpix.com/1ab564968f1c7388faa54f78836318a9l-f3627758447r.jpg) ![1123 N Stoneman Avenue - Photo 4](http://lh.rdcpix.com/1ab564968f1c7388faa54f78836318a9l-f992029078r.jpg) ![1123 N Stoneman Avenue - Photo 5](http://lh.rdcpix.com/1ab564968f1c7388faa54f78836318a9l-f450320850r.jpg) ![1123 N Stoneman Avenue - Photo 6](http://lh.rdcpix.com/1ab564968f1c7388faa54f78836318a9l-f1485668509r.jpg) ![1123 N Stoneman Avenue - Photo 7](http://lh.rdcpix.com/1ab564968f1c7388faa54f78836318a9l-f3298959231r.jpg) ![1123 N Stoneman Avenue - Photo 8](http://lh.rdcpix.com/1ab564968f1c7388faa54f78836318a9l-f19204905r.jpg) ![1123 N Stoneman Avenue - Photo 9](http://lh.rdcpix.com/1ab564968f1c7388faa54f78836318a9l-f32363353r.jpg) --- **MLS#:** AR26211812 | **Updated:** 2026-10-20 **Source:** listhub *Copyright © 2026 California Regional Multiple Listing Service, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.* [View on PropertySimple](https://www.propertysimple.ai/listing/1123-n-stoneman-avenue-alhambra-ca-91801-bb25e0f04da84a26bcd200d21e729dfd) --- ## Structured Data ```json { "@context": "https://schema.org", "@type": "RealEstateListing", "@id": "https://www.propertysimple.ai/listing/1123-n-stoneman-avenue-alhambra-ca-91801-bb25e0f04da84a26bcd200d21e729dfd#listing", "url": "https://www.propertysimple.ai/listing/1123-n-stoneman-avenue-alhambra-ca-91801-bb25e0f04da84a26bcd200d21e729dfd", "name": "1123 N Stoneman Avenue, Alhambra, CA 91801", "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. 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