Alhambra Duplex: Live and
909 N Stoneman Ave Alhambra, CA 91801
909 N Stoneman Ave, Alhambra, CA, 91801
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For Sale
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Versatile Alhambra duplex with income potential in prime location.
Property Size2,894 SF
Lot Size0.16 Acres
Price / SF$517.97
Days on Market132
Property Features for 909 N Stoneman Ave
General Information
- Standard status
- Active
- Size
- 2,894 SF
- Lot size
- 0.16 Acres
- Property subtype
- Multifamily
Listing Agency
Ameriway Realty
Listed by
David Chang · License #01932054
Source
Crexi
Added: Mar 12 Updated: Jul 6 at 1:03 pm Checked: Jul 19 at 9:00 am
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Ameriway Realty
Investment Insights
Based on property information with market context.
This duplex in Alhambra features two detached residential structures on a 7,151 sq ft lot. The property contains a total of 4 bedrooms and 4 bathrooms within 2,894 sq ft. The front unit features 3 bedrooms and 3 bathrooms. The rear unit is a separate 1-bedroom, 1-bathroom home. Each unit has its own private entrance and access to parking. There is a 2-car garage plus additional space in the backyard and carport area that can accommodate at least 56 more vehicles. The property is located within the Alhambra Unified School District, close to schools and minutes away from Main Street dining, shopping centers, Alhambra Park, public library, and civic center. With a Walk Score of 91, daily errands and entertainment are all within reach. Zoned ALRPD (Alhambra Residential Planned Development), the property is currently a legal duplex and also offers potential for future expansion, such as adding a third unit or converting into a multi-family configuration, subject to city approval. The property offers owner-occupancy and income-generating potential.
Key Highlights
- Income‑generating potential: Detached 1‑bedroom, 1‑bathroom rear unit ideal for rental income or guest accommodations.
- Prime Alhambra location: Highly desirable neighborhood close to top‑rated schools, Main Street dining, shopping, Alhambra Park, library, and civic center.
- Flexible living options: Opportunity for owner‑occupancy with a separate rental unit, suitable for extended family or generating income.
Local Financial Insights For Multifamily LT 5
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $78.1k | $27.00 |
| − Vacancy | −$5.9k | −$2.05 |
| EGI | $72.2k | $24.95 |
| − OpEx | −$21.7k | −$7.48 |
| NOI | $50.5k | $17.46 |
2,894 SF · lease $27.00/SF/yr · vacancy 7.60% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$722.0K
$631.8K – $842.3K
NOI $50,540 @ 7.0% cap · market cap 3.37%
Second Best
Apartment 5plus
$665.2K
$582.1K – $776.1K
NOI $46,567 @ 7.0% cap · market cap 3.11%
Theoretical Best
Office A
$1.55M
$1.36M – $1.81M
NOI $108,461 @ 7.0% cap · market cap 7.24%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Duplexes
Similar For Sale Nearby
FAQs
What type of property is this?
Duplex - Versatile Alhambra duplex with income potential in prime location.
Where is this duplex located?
The property is located at 909 N Stoneman Ave Alhambra, CA.
What is the asking price?
The asking price for this property is $1,499,000.
What are key features of this property?
This property features: Income‑generating potential: Detached 1‑bedroom, 1‑bathroom rear unit ideal for rental income or guest accommodations.; Prime Alhambra location: Highly desirable neighborhood close to top‑rated schools, Main Street dining, shopping, Alhambra Park, library, and civic center.; Flexible living options: Opportunity for owner‑occupancy with a separate rental unit, suitable for extended family or generating income.
