209 N Monterey Street
Alhambra, CA 91801

  • 4 beds
  • – baths
  • 2,751 sqft
  • ~1/2 acre lot
  • $1,701 per sqft
  • 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.

bridgeMLS logo Listing courtesy of BRIDGE / IRN Realty

Last checked: Checking… • Last updated May 2, 2024 •

MLS# CRAR24057107 —

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 BRIDGE $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

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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 2,751 square foot multifamily with 4 beds and – baths that has been on Estately for 49 days. This multifamily is in the attendance area of Granada Elementary School and San Gabriel High School.

bridgeMLS logo Listing courtesy of IRN Realty

bridgeMLS logo Listing Courtesy of: BRIDGE, data current as of 20:01 on May 12.

© bridgeMLS, CCAR MLS, and Bay East MLS 2024. Information deemed reliable but not guaranteed. This information is being provided by the Bay East MLS or CCAR MLS or bridgeMLS. The listings presented here may or may not be listed by the Broker/Agent operating this website.

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