209 N Monterey Street, Alhambra, CA 91801

Local realty services provided by:Better Homes and Gardens Real Estate Clarity
209 N Monterey Street,Alhambra, CA 91801
$3,960,000
  • - Beds
  • - Baths
  • 2,751 sq. ft.
  • Multi-family
  • Active
Listed by: linda yang
Office: irn realty
MLS#:AR26023820
Source:CRMLS

Price summary

  • Price:$3,960,000
  • Price per sq. ft.:$1,439.48

About this home

Attention builders and investors, this is a rare opportunity to acquire an expansive lot of nearly 18,000 square feet in a prime downtown Alhambra location with exceptional future upside. THE PROPERTY IS LOCATED IN A RESIDENTIAL HIGH-DENSITY ZONE, ALLOWING THE POTENTIAL DEVELOPMENT OF UP TO 64 UNITS PER ACRE, UP TO 75 FEET IN HEIGHT, AND UP TO 6 STORIES (BUYER TO VERIFY).Ideally situated within walking distance to the Edwards Theater, restaurants, and shops along downtown Alhambra’s main street, the property offers both urban convenience and a peaceful neighborhood setting. Enjoy easy access to the 10 Freeway, Costco, and Home Depot. This gated community currently features two buildings with three total units, providing immediate rental income. Front house (209 Monterey): 2 bedrooms, 1 bathroom. Rear building (209½ Monterey): Two units, each with 1 bedroom and 1 bathroom. All three units were recently upgraded in 2026 and vacant for sale, making this a solid lease-now, build-later

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Home facts

  • Year built:1910
  • Listing ID #:AR26023820
  • Added:2 day(s) ago
  • Updated:February 21, 2026 at 02:34 PM

Rooms and interior

  • Living area:2,751 sq. ft.

Structure and exterior

  • Year built:1910
  • Building area:2,751 sq. ft.
  • Lot area:0.41 Acres

Utilities

  • Water:Public
  • Sewer:Public Sewer

Finances and disclosures

  • Price:$3,960,000
  • Price per sq. ft.:$1,439.48
Based on information from California Regional Multiple Listing Service, Inc. as of February 21, 2026 . This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent. The information provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified.

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