2005 S Stoneman Ave
Description
city of Alhambra, California. The property is conveniently located just south of the Interstate 10 Freeway and east of the Garfield Avenue on/off ramp, providing residents with easy commute to Downtown Los Angeles and to nearby cities within San Gabriel Valley. The property is situated in a quiet neighborhood that is mostly...Call or Email for Offering Memorandum Pleased to exclusively present the opportunity to acquire 2005 & 2007 South Stoneman Avenue, a 9-unit multifamily investment property in the
city of Alhambra, California. The property is conveniently located just south of the Interstate 10 Freeway and east of the Garfield Avenue on/off ramp, providing residents with easy commute to Downtown Los Angeles and to nearby cities within San Gabriel Valley. The property is situated in a quiet neighborhood that is mostly single-family residences. Constructed in 1960, the property consists of two contiguous parcels with a total of 0.26 acres (11,346 square feet) and a combined building area of 5,363 square feet.
2005 South Stoneman Avenue is a two-story fourplex featuring all one-bedroom/one-bathroom floor plans with four carport parking spaces. 2007 South Stoneman Avenue is a two-story 5-unit apartment complex consisting of four one-bedroom/one-bathroom floor plans and a two-bedroom/two-bathroom floor plan and offers six tuck-under parking spaces. Both buildings have pitched roofs, covered stairwells to the upstairs units, and a shared on-site laundry room(owned). Selected units have been upgraded with new double-pane windows, and all units offer wall-unit air conditioning. All units are individually metered for gas and electricity and have separate hot water heaters. The apartments have a superb central location that offers multiple supermarkets, diverse dining options, entertainment, schools, churches, and medical facilities within a two-mile radius. The property has a high probability to attract long term residents with its very walkable score of 79 to amenities such as Mark Keppel High School that is an 8-minute walk east of the property and Garfield Medical Center that is a 7-minute walk south of the property. The apartment is surrounded by popular shopping centers including Atlantic Times Square, The Marketplace, and San Gabriel Square that features 99 Ranch Market, AMC movie theater, Planet Fitness gym, & plenty of restaurants and cafes. To provide an active environment for its residents, the YMCA, Alhambra Golf Course, and Almansor Park are just a quick 8-minute drive north of the property. The park provides walking trails, tennis, basketball, baseball, and many organized family events, while the golf course offers leagues, tournaments, outings, and social events as well.
- Listed by Douglas McCauley • DRE #CV35308 • Brokerage DRE #00530854 • MARCUS & MILLICHAP • 626-695-6776
- Listed by David Covarrubias • DRE #01941403 • Brokerage DRE #00530854 • MARCUS & MILLICHAP
Property Details for 2005 South Stoneman Avenue
Property Details for 2005 South Stoneman Avenue
| Status | Active |
|---|---|
| MLS # | CV26069462 |
| Days on Market | 59 |
| Pet Policy | - |
| Taxes | - |
| HOA Fees | - |
| Condo/Co-op Fees | - |
| Property Type | Multi Family |
| MLS Type | Residential Income / Res Income 2-4 Units |
| Year Built | 1960 |
| County | Los Angeles County |
Location
Building Information for 2005 South Stoneman Avenue
Payment Calculator
$13,288 per month
30 year fixed, 6.36% Interest
$12,901
$387
$0
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1Property Information for 2005 South Stoneman Avenue
- Gross Income: $182,592
- Gross Scheduled Income: $185,400
- Vacancy Allowance: 3708
- Gross Operating Income: $181,692
- Net Operating Income: $121,381
- Laundry Income: $900
- Operating Expense: $61,211
- New Taxes Expense: $33,426
- Gardener Expense: $1,200
- Fuel Expense: $2,283
- Electric Expense: $547
- Insurance Expense: $7,200
- Maintenance Expense: $9,270
- Professional Management Expense: $0
- Trash Expense: $3,310
- Water Sewer Expense: $3,975
- Total Expenses: $61,211
- Tax Tract Number: 7022
- CFD/Mello-Roos Fee: $1,084
- Tax Lot: 3
- Community Features: Curbs, Street Lights, Sidewalks
- Laundry: Yes
- Laundry Features: Community, Common Area
- Entry Location: Drive By
- Pool Features: None
- Pool Description: None
- Pool: N/K
- Pool Heat: N/K
- Additional Parcels Description: 5255-012-001
- Lot Features: Lot 10000-19999 Sqft
- Number Of Units: 9
- Land Lease: No
- Land Lease Type: Fee
- Levels: Two
- Water: Public
- Sewer: Public Sewer
- Water Source: Public
- Garage Spaces: 0
- Parking Garage Spaces: 0
- Carport Spaces: 0
- Residential Styles: Res Income 2-4 Units
- Unit Type Units Total: 8
- Unit Type Beds Total: 1
- Unit Type Baths Total: 1
- Unit Type Furnished: Unfurnished
- Unit Type Garage Spaces: 0
- Unit Type Actual Rent: $1,675
- Unit Type Total Rent: $13,400
- Unit Type Pro Forma: 1950
- Unit Type Type: 1
- Unit Type Units Total: 1
- Unit Type Beds Total: 2
- Unit Type Baths Total: 2
- Unit Type Furnished: Unfurnished
- Unit Type Garage Spaces: 0
- Unit Type Actual Rent: $2,050
- Unit Type Total Rent: $2,050
- Unit Type Pro Forma: 2200
- Unit Type Type: 2
- Rent Controlled: No
- Number Of Buildings: 2
- Number Of Separate Electric Meters: 9
- Number Of Separate Gas Meters: 9
- Number Of Separate Water Meters: 1
- Number Wall AC: 9
Property History for 2005 South Stoneman Avenue
| Date | Event & Source | Price | Appreciation |
|---|---|---|---|
| May 21, 2026 | Price Change CLAW #CV26069462MR | $2,588,888 | — |
| May 21, 2026 | Price Change CRMLS #CV26069462 | $2,588,888 | — |
| May 20, 2026 | Price Change SDMLS #CV26069462 | $2,588,888 | — |
| May 4, 2026 | Price Change CLAW #CV26069462MR | $2,688,888 | — |
| May 4, 2026 | Price Change CRMLS #CV26069462 | $2,688,888 | — |
| May 3, 2026 | Price Change SDMLS #CV26069462 | $2,688,888 | — |
| Apr 20, 2026 | Price Change CLAW #CV26069462MR | $3,088,888 | — |
| Apr 20, 2026 | Price Change CRMLS #CV26069462 | $3,088,888 | — |
| Apr 19, 2026 | Price Change SDMLS #CV26069462 | $3,088,888 | — |
| Mar 31, 2026 | Listed (Active) CRMLS #CV26069462 | $3,398,000 | — |
| Mar 30, 2026 | Listed (Active) CLAW #CV26069462MR | $3,398,000 | — |
| Mar 30, 2026 | Listed (Active) SDMLS #CV26069462 | $3,398,000 | — |
| Jun 13, 2024 | Expired CRMLS #CV24033566 | $5,000,000 | — |
| Jun 12, 2024 | Expired CLAW #CV24033566MR | $5,000,000 | — |
| Mar 7, 2024 | Withdrawn / Cancelled CRMLS #CV24033566 | — | |
| Mar 7, 2024 | Withdrawn / Cancelled CLAW #CV24033566MR | — | |
| Feb 16, 2024 | Listed (Active) CLAW #CV24033566MR | $5,000,000 | — |
| Feb 16, 2024 | Listed (Active) CRMLS #CV24033566 | $5,000,000 | — |
| Date | Event & Source | Price |
|---|---|---|
| 05/21/2026 | Price Change CLAW #CV26069462MR | $2,588,888 |
| 05/21/2026 | Price Change CRMLS #CV26069462 | $2,588,888 |
| 05/20/2026 | Price Change SDMLS #CV26069462 | $2,588,888 |
| 05/04/2026 | Price Change CLAW #CV26069462MR | $2,688,888 |
| 05/04/2026 | Price Change CRMLS #CV26069462 | $2,688,888 |
| 05/03/2026 | Price Change SDMLS #CV26069462 | $2,688,888 |
| 04/20/2026 | Price Change CLAW #CV26069462MR | $3,088,888 |
| 04/20/2026 | Price Change CRMLS #CV26069462 | $3,088,888 |
| 04/19/2026 | Price Change SDMLS #CV26069462 | $3,088,888 |
| 03/31/2026 | Listed (Active) CRMLS #CV26069462 | $3,398,000 |
| 03/30/2026 | Listed (Active) CLAW #CV26069462MR | $3,398,000 |
| 03/30/2026 | Listed (Active) SDMLS #CV26069462 | $3,398,000 |
| 06/13/2024 | Expired CRMLS #CV24033566 | $5,000,000 |
| 06/12/2024 | Expired CLAW #CV24033566MR | $5,000,000 |
| 03/07/2024 | Withdrawn / Cancelled CRMLS #CV24033566 | — |
| 03/07/2024 | Withdrawn / Cancelled CLAW #CV24033566MR | — |
| 02/16/2024 | Listed (Active) CLAW #CV24033566MR | $5,000,000 |
| 02/16/2024 | Listed (Active) CRMLS #CV24033566 | $5,000,000 |
For completeness, we often displays two records for one sale: the MLS record and the public record.
Public Records for 2005 South Stoneman Avenue
Schools near 2005 South Stoneman Avenue
Rating | School | Type | Grades | Distance |
|---|---|---|---|---|
| Public - | K to 8 | |||
| Public - | 9 to 12 | |||
| Public - | 9 to 12 | |||
| Private - | PK to 8 |
Rating | School | Distance |
|---|---|---|
Ramona Elementary School PublicK to 8 | ||
Mark Keppel High School Public9 to 12 | ||
Independence High (Alternative) School Public9 to 12 | ||
St. Stephen Martyr PrivatePK to 8 |
School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.
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Listing Courtesy of MARCUS & MILLICHAP, Douglas McCauley, DRE #CV35308; MARCUS & MILLICHAP, David Covarrubias, DRE #01941403
Based on information from one of the following Multiple Listing Services: CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.