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Berkshire Hathaway HomeServices California Properties Berkshire Hathaway HomeServices California Properties
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1123 N Stoneman Avenue Alhambra, CA 91801
$1,280,000 3 beds, 2 baths
1, 389 sqft
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Agent Remarks

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.

Listing Details

Property type: Single Family Residence (Single Family)
Status: Active
MLS# AR26190554
List price is $1,280,000 Reduced by $100,000 on 9/25/2026
HOA Fee is $0.00
Beds: 3
Baths: 2 (2 full)
None fireplaces
Built in 1939
1,389 sqft
1 story
0.22 acres
Lot size: 0.2201
County: Los Angeles
Interior features: All Bedrooms Down
Lot description: ZeroToOneUnitAcre,Front Yard
Heating/cooling: None
Heating description: Wall Furnace
MLS area: 601 - Alhambra

Last Updated: 9/25/2026

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This listing belongs to the 601 - Alhambra MLS area

Lat/Long: 34.105756, -118.133694.
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Listing Agent: Lei Shen
Lic#: 01276603
Office Name: Tustin

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Total population of , which has changed by % since 1990.
The median age of the population is , while the median age of dwellings is .
Out of households, are families.

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