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209 N Monterey Street, Alhambra, CA 91801

Local realty services provided by:CENTURY 21 Affiliated
209 N Monterey Street,Alhambra, CA 91801
$3,960,000
  • 4 Beds
  • 3 Baths
  • - sq. ft.
  • Multi-family
  • Active
Listed by: linda yang
Office: irn realty
MLS#:AR26023820
Source:San Diego MLS via CRMLS

Price summary

  • Price:$3,960,000

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 Alhambras 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 (209 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

  • Listing ID #:AR26023820
  • Added:1 day(s) ago
  • Updated:February 20, 2026 at 05:38 AM

Rooms and interior

  • Bedrooms:4
  • Total bathrooms:3

Finances and disclosures

  • Price:$3,960,000
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