Active

209 N Monterey Street

Alhambra, CA 91801
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Bed 4

Bed

Bath 3

Bath

SqFt2,751

Sqft

SqFt17,870

Sqft(Lot)

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 ba throom. 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 investment. Buyers are advised to verify zoning, development potential, and building requirements with the Alhambra Community Development Department or appropriate agencies.Motivated seller. Don’t miss this exceptional opportunity to secure a high-density development site in one of Alhambra’s most desirable locations.

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Detail Ic Property Details

Property Type : Residential Income

Price : $3,900,000

AD Id : 75470400

MLS Id : AR26023820

Beds : 4

Lot Size : 17,870 Sqft

Living Area Size : 2,751

Year Built : 1910

Garage : 3

County : Los Angeles

  • Map Map

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Feature Features

  • Water/Sewer

    Water Source: Public Sewer: Public Sewer

  • Building Information

    Year Built: 1910 Building Area Total: 2,751
  • Pool Features

    None

    Laundry Features

    Common Area,Laundry Room

  • Lot Details

    Lot Dimensions Source: Vendor Enhanced Lot Size Acres: 0.4102
  • Lot Size Source: Assessor Lot Size Square Feet: 17870

  • Listing Price Information

    Original List Price: 3,900,000 Listing Contract Date: 2026-02-18
  • Lease Information

    Listing Agreement: Exclusive Right To Sell

  • Tax Information

    Parcel Number: 5337022030

  • Other Property Info

    Source Listing Status: Active Source Neighborhood: 601 - Alhambra Postal Code Plus 4: 2564 Directions: West and North of Chapel ave and Main St. Zoning: ALRPD* Source Property Type: Residential Income Area: 601 - Alhambra Property SubType: Triplex
  • Building and Construction

    Property Age: 116 Common Walls: 2+ Common Walls Structure Type: Triplex Year Built Source: Assessor Entry Level: 1 Entry Location: Ground Property Attached: Yes
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Nearby Home Value

Address Estimate Bed Bath Sq. Ft Lot Size
320 S Cordova, Alhambra, CA, 91801 $1,195,000 4 2 1,568 1,568 SqFt
308 S Almansor Street, Alhambra, CA, 91801 $1,588,000 4 4 2,430 2,430 SqFt
104 106 E Linda Vista A.., Alhambra, CA, 91801 $1,695,000 6 7.5 2,793 2,793 SqFt
305 & 307 E Hellman Ave.., Alhambra, CA, 91801 $1,350,000 4 3 2,093 2,093 SqFt
305 & 307 E Hellman Ave.., Alhambra, CA, 91801 $1,350,000 4 3 2,093 2,093 SqFt
318 Palmetto, Alhambra, CA, 91801 $998,000 4 2 1,790 1,790 SqFt
903 N 1st, Alhambra, CA, 91801 $1,038,800 3 2 2,206 2,206 SqFt
903 N 1st, Alhambra, CA, 91801 $1,038,800 3 3.5 2,206 2,206 SqFt
118 S Marguerita Avenue, Alhambra, CA, 91801 $1,150,000 3 1 1,232 1,232 SqFt
513 N Palm Avenue, Alhambra, CA, 91801 $2,250,000 2 1 3,751 3,751 SqFt

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ByOwner last updated this listing 06/15/2026 @ 11:23

MLS: AR26023820 LISTED BY: Linda Yang, IRN Realty 626-447-5100 SOURCE: CRMLS

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