← Back to listings
Triplex at 1809 S Stoneman
$1,479,990
1809 S Stoneman
Alhambra, Los Angeles, 91801
Triplex · 3 units
Active · 24 days on market

Deal numbers

Est. cap rate
2.8%
Assumed rent, all units
$6,900/mo
Units
3
Price per unit
$493,330
Est. annual NOI
$41,400
Expense assumption
50%

Estimates only, based on HUD Fair Market Rents (a conservative 40th percentile floor) and a standard 50% operating expense assumption. Not a guarantee of income or value. Ask Alex for a pro forma using comparable rent data.

Run your own numbers

Adjust the assumptions to see cash flow and cash on cash return.

5.0%
50%
25%
7.00%
Effective gross income
$78,660
Operating expenses
$39,330
Net operating income
$39,330
Annual debt service
$88,618
Annual cash flow
-$49,288
Cash on cash return
-13.3%
Down payment
$369,998

Illustration only, using a 30 year loan and your assumptions above. Not a loan offer, financial advice, or a guarantee. Confirm financing and actual rents independently.

Property details

Type
Triplex
Bedrooms
3
Building size
2,498 sqft
Lot size
6,665 sqft
Year built
1940
Stories
2
Garage spaces
2
Pool
None
Status
Active
Days on market
24
MLS #
245850143

About this property

Price reduction, motivated seller. Location, location, location. Properties with 3 separate units locate in the heart of Alhambra. Front unit is 3 bedrooms and 2 baths with 1250 sq ft, second unit (ADU) is 2 bedrooms and 2 baths with 863 sq ft and 1 bedroom and 1 bathroom (Jr. ADU) with 368 sq ft. Total remodeled inside out for front unit and brand new ADU and Jr. ADU just finished in 2026 with city inspection. Each unit has its own separate electrical meter. The front and back units are vacant and is good for the big family to live in or rental. Brand new AC units, electricity has been updated to 200-amp electric panels, solar panel for all units, new kitchens, bathrooms, flooring and paint. Great place to live in and close to schools, parks, restaurants and so on.

Location

1809 S Stoneman

Alhambra, Los Angeles, CA, 91801

Ask Alex about this property

Questions on the numbers, a pro forma, or a tour? Send a note.

Add a phone number above if you want to allow texts. Text permission and advertising measurement are separate choices.

Alex Duarte, DRE# 01970077, First Team Real Estate

1809 S Stoneman, Alhambra CA | Multifamily for Sale