active

209 N Monterey Street, Alhambra, CA 91801

$3,960,000

$1,439 per ft²

2,751 Sq Ft

0.4102 Acres

Listing Office: IRN Realty

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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 Alhambra’s 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 (209½ 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. Don’t miss this exceptional opportunity to secure a high-density development site in one of Alhambra’s most desirable locations.

Listing Agent: Linda Yang

License Number: 01911223

Offered by: IRN Realty

Office Phone: 626-447-5100

MLS: #AR26023820

California Regional MLS

Date Added: 02/18/2026 12:00:00 am

Last Update: 02/19/2026 02:39:16 pm

Days on Market: 2

Interior

Laundry: Common Area,Laundry Room

Exterior

Pool: None
Parking: Parking spaces: 3

Construction

General: 2

Location

HOA Amenities: 0.0
Originating MLS: CRMLS_CRM
County: Los Angeles

Lot

Zoning: ALRPD*, 5337022030

Utilities

Water: Public
Sewer: Public Sewer

Financial

Source: CRMLS_CRM

Property

Year Built: 1910
Type: Triplex
Parcel #: 5337022030

02/19/2026Active

02/19/2026$3,960,000@ 1439 per ft²Listed

Listing Broker

Tade Keshishyan

1 @

License #: 02190628

Email: [email protected]

Phone: 8183592303

Location: CA

Last Updated: 02/19/2026 02:39:16 pm

Offered by: Linda Yang, 01911223, 626-447-5100 @ IRN Realty

MLS: #AR26023820

Source: California Regional MLS

<IMG SRC='https://d37ukvrrv3in12.cloudfront.net/mls/logos/IDX_580_large.png' ALT='IDX'> Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. The data contained herein is copyrighted by CRMLS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.<BR><BR>The information being provided by California Regional Multiple Listing Service, Inc. (“CRMLS”) 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. Any information relating to a property referenced on this web site comes from CRMLS. Properties may or may not be listed by the office/agent presenting the information. Real estate listings held by brokerage firms other than this broker are marked with the Internet Data Exchange logo and detailed information about them includes the names of the listing brokers and listing agents. MLS search engine provided by <A HREF='http://www.realtywatchsolutions.com/' TARGET='_blank'>RealtyWatch Solutions</A>. This data is updated every 2 hours. Some properties appearing for sale on this display may subsequently have sold and may no longer be available. Data displayed may be a portion of, and not a complete set of all listings published in the MLS.

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209 N Monterey Street, Alhambra, CA 91801 is a 2,751 Sq Ft, 0.4102 Acres, Triplex built in 1910.

This property is currently available and was listed by California Regional MLS on 02/18/2026 12:00:00 am. The MLS # for the property is MLS #AR26023820.