$2,398,888
-$190,0002005 S Stoneman, Alhambra CA 91801
Multi-Family (9 Units)
Property type
76 days
On market
$447
Price per sqft
0 cars
Garage
1960
Year built
5,482 sqft
Lot size
Open Houses
Overview
** 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...
Listing provided by: Douglas McCauley 909-456-3493, MARCUS & MILLICHAP, David Covarrubias DRE #01941403, MARCUS & MILLICHAP
Listing updated: Jun 12, 2026 at 05:41pm.
Last checked: Jun 12, 2026 at 06:01pm
Source: CRMLS #CV26069462
Multi-family Analysis
Unit Information
| Units | Beds | Baths | Garage | Actual Rent | Total Rent | Pro Forma | Furnished? |
|---|---|---|---|---|---|---|---|
| 8 | 1 | 1 | — | $1,675 | $13,400 | $1,950 | Unfurnished |
| 1 | 2 | 2 | — | $2,050 | $2,050 | $2,200 | Unfurnished |
# of Buildings: 2
# of Units Total: 9
Separate Electric Meters: 10
Separate Gas Meters: 10
Separate Water Meters: 1
Rent Control: No
Tenant Pays: Electricity, Gas
Financial Snapshot
Gross Rent Multiplier
12.9x
List Price / Annual Gross Rent
Cap Rate
5.15%
NOI / List Price
Gross Scheduled Income: $185,400
Vacancy Allowance: $3,708
Operating Expense: $58,931
Net Operating Income: $123,661
Annual Operating Expenses
Electric: $547
Gardener: $1,200
Fuel: $2,283
Insurance: $7,200
Maintenance: $9,270
New Taxes: $31,146
Professional Management: $0
Trash: $3,310
Water / Sewer: $3,975
Interior
Laundry: Common Area
Entry Location: Drive By
Exterior
Property Attached: Yes
Stories Total: 2
Levels: Two
Common Walls: Two Common Walls Or More
Pool: None
Water Source: Public
Sewer: Public Sewer
Garage and Parking
Garage Spaces: 0
Carport Spaces: 9
Parking Total: 9
Lot Information
Land Lease: No
Common Interest: CommunityApartment
Parcel #: 5255012002
Additional Parcels: No
Tax Lot: 3
Community
Senior Community: No
Community Features: Curbs, Street Lights, Sidewalks
Nearby Schools
Nearby schools around the 2005 S Stoneman, Alhambra, CA 91801. Contact the school or district directly to verify enrollment eligibility.
Payment Calculator
Total Principal
$1,919,110
Total Interest
$2,447,720
Total Payment
$4,366,830
Payoff Date
Jun 2056
PMI is disabled automatically when your down payment is 20% or more.
Est. Payment
$14,779
per month
Property History for 2005 S Stoneman
Alhambra Market Snapshot
Market stats compare this property with recent MLS activity for similar property types in 91801.
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