209 N Monterey Street
Alhambra, CA 91801

  • – beds
  • – baths
  • – sqft
  • ~1/2 acre lot
  • 1910 build
  • on site

Attention Builders and Investors! A unique opportunity presents itself with this expansive lot, nearly 18,000 square feet, located in the prime area of downtown Alhambra. This property falls within the RESIDENTIAL HIGH DENSITY ZONE, ALLOWING THE CONSTRUCTION OF UP TO 64 UNITS PER ACRE WITH HEIGHT OF UP TO 75 FEET AND UP TO 6 STORIES. Its prime location offers walking distance convenience to the Edwards movie theater, numerous restaurants, and shops along the main street of downtown Alhambra, all while being situated in a peaceful neighborhood. Easy access to the 10 Freeway, Costco, and Home Depot. Currently, the site hosts two buildings. The front house at 209 Monterey features 2 bedrooms and 1 bathroom, while the back house, labeled 209 1/2, contains two units, each with 1 bedroom and 1 bathroom. Both are occupied by tenants. Prospective buyers are encouraged to verify all pertinent information, including zoning and building codes, with the Alhambra Community Development Department or other departments to ensure it meets their specific requirements. Investors, seize this rare gem in Alhambra—lease now with the potential to build more in the future. Seller is motivated. Almost land value ONLY. Looking forward to showing you this exceptional property soon.

California Regional MLS logo Listed By CRMLS_CA / Linda Yang / IRN Realty / 626-367-7887

Last checked: Checking… • Last updated Mar 28, 2024 •

MLS# AR24057107 —

This property is listed in more than one place. See it here.

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Sale history

Date Event Source Price % Change
3/24/24
Listed / Active CRMLS_CA $4,680,000 113.2% (21.6% / YR)
10/30/23
Listed / Active CRMLS_CA
12/28/18
CRMLS_CA $2,195,000

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Multifamily For Sale

$4,680,000

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Listing provided by broker:

Linda Yang

IRN Realty

626-367-7887

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209 N Monterey Street

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This multifamily located in Alhambra, CA 91801 is currently for sale for $4,680,000. 209 N Monterey Street is a – square foot multifamily with – beds and – baths that has been on Estately for 35 days. This multifamily is in the attendance area of Granada Elementary School and San Gabriel High School.

California Regional MLS logo Listing Courtesy of: CRMLS_CA and IRN Realty. Based on information from California Regional Multiple Listing Service, Inc. as of 08:58 on Apr 27.

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.

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