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About This Home
This 4-bedroom, 3-bathroom multi-family at 209 N Monterey Street in Alhambra, CA is listed for $3,900,000 ($1,418 per sqft). Built in 1910, the home offers 2,751 sqft of living space on a 0.41 acres lot.
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.
Key Features
- Built in 1910
- 0.41 acre lot
- 2 stories
- 3 parking spaces
Property Details
Monthly Cost Estimate
$20,858/mo
20% down · 6.5% · 30 years
Estimates only. Actual payments may vary.
Location
209 N Monterey Street
Alhambra, CA 91801
Features & Amenities
Exterior Features
Questions & Answers
This 4-bedroom, 3-bathroom multi-family at 209 N Monterey Street is listed at $3,900,000 ($1,418/sqft). The estimated monthly payment is $16,900 based on 20% down at 6.5% interest.
Key features include: Built in 1910, 0.41 acre lot, 2 stories, 3 parking spaces. Exterior Features: Community Features Included: Suburban, Lot 10000-19999 Sqft.
This property is listed by Linda Yang and can be reached at 6263677887 or lindayangrealtorla@gmail.com.


