List Search

505 N Stoneman Ave
Alhambra, CA 91801

$1,975,000 USD

Apartments For Sale  •  5,768 SF

Property Details

  • Property Type Apartments
  • Total Building Size 5,768 SF
  • Lot Size 0.16 AC
  • Building Class C
  • Year Built 1960
  • Cap Rate 4.10 %
  • Zoning R3*
40 Transit Score
70 Walk Score

Highlights

North Alhambra Location; Walking Distance to Downtown Alhambra
Attractive Oversized Unit Mix of Four (2+1) Units and One (3+1) Unit; the Three-Bedroom Offers Owner-User Potential
±5,768 SF Building on ±7,209 SF Corner Lot
Current Rents ±26% Under Market; Subject to AB 1482
Proximate to CalTech, Cal State LA, PCC, and USC; Adjacent to San Marino and South Pasadena
Excellent Market Fundamentals with 2025 Average Home Value of $956,264 and 2025 Average Household Income of $119,043

Financial Summary (Actual)

Net Operating Income: $81,072 USD (2025)
Cap Rate: 4.10 %
Total Expenses: $48,714 USD

Amenities

  • 24 Hour Access
  • Air Conditioning
  • Balcony
  • Dishwasher
  • Fireplace
  • Laundry Facilities
  • Storage Space
  • Tenant Controlled HVAC
  • Heating
  • Smoke Free
  • Ceiling Fans
  • Tile Floors
  • Oven
  • Stainless Steel Appliances
  • Carpet
  • Patio
  • Vinyl Flooring
  • Walk-Up
  • Smoke Detector

Public Transportation

Commuter RailDriveWalkDistance
Montebello/Commerce (Riverside Line - Southern California Regional Rail Authority (Metrolink)) 17 min - 7.3 mi
El Monte (San Bernardino Line - Southern California Regional Rail Authority (Metrolink)) 14 min - 8.7 mi
AirportDriveWalkDistance
Bob Hope 32 min - 19.9 mi
Long Beach (Daugherty Field) 36 min - 24.6 mi
Los Angeles International 40 min - 27.9 mi

Parking Details

Parking Available: Yes
Reserved: No
Spaces Provided: 5
Type: Covered
Included in Rent: Yes
Priscilla Nee 310-550-2508 CBRE, Inc.
Priscilla Nee 310-550-2508 CBRE, Inc.