168 S Monterey Street 501, Alhambra, California 91801, Alhambra, 91801 - 3 bed, 4 bath

168 S Monterey Street 501, Alhambra, California 91801 home-pic-0

168 S Monterey Street 501

Alhambra, California 91801

ACTIVE
CONDITION: EXCELLENT
3Beds
4Baths
1,910Sq Ft
62,960Lot Size

Property Price

LIST PRICE$1,400,000

SUMMARY

Analysis of 168 S Monterey Street 501, Alhambra, California 91801 is currently available with a list price of $1,400,000. The property maintains a Excellent Condition Rating (95/100), indicating excellent structural integrity and modern finishes throughout. This turnkey property requires minimal updates and is ready for immediate occupancy. Located in a high-demand neighborhood within the Alhambra Unified School District, this asset is categorized as a low-risk, high-reward acquisition suitable for both Buy-and-Hold Investors and Owner-Occupants willing to undertake light renovation work.

Condition Analysis

OVERALL CONDITION SCORE

Excellent
TeardownExcellent

Property is new construction or fully renovated.

This is a brand-new 2025 construction featuring high-end modern finishes. The kitchen is equipped with contemporary cabinetry, quartz countertops, and new stainless steel appliances. The property boasts soaring ceilings, floor-to-ceiling windows, premium light fixtures, and pristine wide-plank flooring, meeting the highest standards of quality with no physical depreciation.

PROSSTRENGTHS & OPPORTUNITIES

  • Brand New Construction

    Built in 2025, this residence offers the latest in modern design, energy efficiency, and the peace of mind that comes with a never-before-lived-in home.

  • Expansive Penthouse Layout

    The two-story penthouse features soaring ceilings and floor-to-ceiling windows, creating a bright, airy, and sophisticated living environment with 1,910 sqft of space.

  • Exceptional Outdoor Living

    Rare for urban living, this unit includes private balconies for every bedroom plus a secluded rooftop terrace, providing multiple retreats with mountain and city views.

CONSRISKS & DEFICIENCIES

  • High Monthly Carrying Costs

    The monthly association fee of $746.10 is significant and may impact the overall affordability and long-term budget for potential buyers.

  • Mixed-Use Density

    Being part of a 62-unit mixed-use community may result in higher foot traffic and potential noise from the commercial components of the development.

  • Premium Market Pricing

    At a list price of $1.4 million, this property sits at the top of the local condominium market, which may limit the pool of qualified buyers compared to more traditional housing options.

About 168 S Monterey Street 501

Monterey Bay Square is an exclusive, brand new mixed-use community offering 62 luxurious residences in the vibrant heart of Alhambra. Designed with modern elegance and meticulous attention to detail, each penthouse home spans two spacious stories and features soaring ceilings, floor-to-ceiling windows that flood the space with natural light, quartz countertops, and open floor plans perfect for both relaxing and entertaining. Penthouse units include an en-suite bedroom on the lower level and additional en-suite bedrooms upstairs, offering comfort and privacy throughout. Each room has its own balcony with stunning views of the surrounding mountains and city skyline, while a secluded rooftop terrace provides a peaceful outdoor retreat facing the interior of the community. Residents of Monterey Bay Square enjoy unparalleled amenities, including a state-of-the-art fitness center, an elegant resident lounge for social gatherings, and a beautifully landscaped terrace designed for outdoor relaxation. Located just minutes from Alhambra Square’s premier dining, shopping, and cultural experiences, Monterey Bay Square offers the ideal blend of sophistication, comfort, and convenience. Schedule your private tour today and experience Monterey Bay Square in person!

Property Details

Public Facts

Property Type
Condominium
Year Built
2025
Lot Size
62,960 Sq. Ft.

Interior

Total Bedrooms
3
Total Bathrooms
4 (4 Full, 0 Half)

Exterior & Parking

No exterior & parking available.

Utilities & Misc

HOA Fee
$746.1 / Month

Neighborhood Insights

Sensitive Facilities

No sensitive facilities data found.

Neighborhood Comparison

FeatureSubjectAverage HomeNeighborhood Ranking (50 Listings)
Beds3.03.0
50%
Baths4.03.0
97%
Square foot1,9101,360
94%
Lot Size62,96034,409
71%
Price$1.40M$755.0K
97%
Price per sq ft$733$563
94%
Built year20251993
77%
HOA$746.1$300
97%
Days on market294168
0%

Pricing History

Listed for Sale

May 16, 2025

$1,400,000

Initial Listing

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