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209 Monterey Street, Alhambra, CA 91801
Priced at Only: $3,960,000
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Address: 209 Monterey Street, Alhambra, CA 91801
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209 Monterey Street
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  • MLS#: AR26023820 ( Triplex )
  • Street Address: 209 Monterey Street
  • Viewed: 1
  • Price: $3,960,000
  • Price sqft: $0
  • Waterfront: No
  • Year Built: 1910
  • Bldg sqft: 0
  • Days On Market: 30
  • Additional Information
  • County: LOS ANGELES
  • City: Alhambra
  • Zipcode: 91801
  • Provided by: IRN Realty
  • Contact: Linda Linda
  • California Regional MLS IDX
  • DMCA Notice
  • Description
    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 investment. Buyers are advised to verify zoning, development potential, and building requirements with the alhambra community development department or appropriate agencies. Motivated seller. Dont miss this exceptional opportunity to secure a high density development site in one of alhambras most desirable locations.
Features
Association Fee
  1. 0.00
Building Area Total
  1. 2751.00
Commoninterest
  1. None
Common Walls
  1. 2+ Common Walls
Country
  1. US
Days On Market
  1. 25
Electric Expense
  1. 0.00
Entry Location
  1. Ground
Fuel Expense
  1. 0.00
Garage Spaces
  1. 3.00
Gardner Expense
  1. 2400.00
Insurance Expense
  1. 1500.00
Laundry Features
  1. Common Area
  2. Individual Room
Lot Features
  1. Lot 10000-19999 Sqft
Netoperatingincome
  1. 53000.00
Parcel Number
  1. 5337022030
Pool Features
  1. None
Postalcodeplus4
  1. 2564
Property Type
  1. Triplex
Sewer
  1. Public Sewer
Sourcesystemid
  1. CRM
Sourcesystemkey
  1. 455827935:CRM
Totalactualrent
  1. 2400.00
Totalexpenses
  1. 7000.00
Trash Expense
  1. 0.00
Water Sewer Expense
  1. 0.00
Water Source
  1. Public
Year Built
  1. 1910
Year Built Source
  1. Assessor
Zoning
  1. ALRPD*
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Headshot for Associate Xavier Gomez
  1. Xavier Gomez, BrkrAssc,CDPE
  2. RE/MAX College Park Realty
  3. BRE 01736488
  4. Fax: 714.975.9953
  5. Mobile: 714.478.6676
  6. salesbyxavier@gmail.com
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