168 South Monterey Street #509, Alhambra, CA 91801
168 South Monterey Street #509, Alhambra, CA 91801
Property Description
Builder Closeout Sale—Now Offered at $1,180,000 After a $220,000 Price Reduction, Plus More! 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 an en-suite bedroom upstairs, offering comfort and privacy throughout. This unit has two balconies with stunning views of the surrounding mountains and city skyline, while an additional 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!
Features & Amenities
Property Details
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Comparative Market Analysis
Residential Tier · 5 active · 4 closed
Alhambra · Condominium
Listed 16.0% above the median closed sale of $1,017,500. Price per sqft ($618) is a 20% premium to closed comps ($514). Closed comps sold at 94% of list — buyers have negotiating leverage. Expect a longer timeline — comps averaged 237 days on market.
Price Position
Aligned with the market — fair pricing for the comps.
Active Properties (5)
Active Comparables
| Address | City | Year | BD | BTH | SqFt | LotSz | LP/SqFt | LP | DIM | Score |
|---|---|---|---|---|---|---|---|---|---|---|
| 168 Monterey Street #506 | Alhambra | 2025 | 3 | 4 | 1,910 | 62,960 | $618 | $1.18M | 3 | 91 |
| 168 Monterey Street #508 | Alhambra | 2025 | 3 | 4 | 1,910 | 62,960 | $618 | $1.18M | 3 | 91 |
| 828 Florista Lane | Alhambra | 2026 | 4 | 4 | 2,123 | 0 | $731 | $1.55M | 114 | 78 |
| 88 Bay State | Alhambra | 2006 | 2 | 3 | 1,670 | 26,160 | $478 | $798,000 | 102 | 75 |
| 1026 Marengo Ave. | Alhambra | 1984 | 4 | 3 | 1,844 | 70,437 | $452 | $833,900 | 34 | 73 |
| Total: 5 · Average | 3.2 | 3.6 | 1,891.4 | 55,629.25 | $579.4 | $1.11M | 51.2 | |||
| Median | 1,910 | $1.18M | ||||||||
Closed Properties (4)
Closed Comparables
| Address | City | Year | Date | BD | BTH | SqFt | LotSz | LP | SP | SP/SqFt | SP/LP | DIM | Score |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 168 Monterey Street | Alhambra | 2025 | 08/13/2026 | 3 | 4 | 1,910 | 62,960 | $1.25M | $1.14M | $594 | 0.91 | 452 | 89 |
| 168 Monterey Street | Alhambra | 2025 | 05/22/2026 | 3 | 4 | 1,910 | 62,960 | $1.20M | $1.16M | $607 | 0.97 | 369 | 88 |
| 580 Main Street | Alhambra | 2004 | 05/26/2026 | 3 | 3 | 2,014 | 92,118 | $939,000 | $900,000 | $447 | 0.96 | 55 | 82 |
| 410 Main Street | Alhambra | 2013 | 05/14/2026 | 2 | 3 | 2,080 | 28,453 | $899,999 | $850,000 | $409 | 0.94 | 73 | 68 |
| Total: 4 · Average | 2.8 | 3.5 | 1,978.5 | 61,622.75 | $1.01M | $1.01M | $514.25 | — | 237.25 | ||||
| Median | 2,014 | $1.14M | $1.14M | ||||||||||
Market Analysis
List vs Sale $/SqFt
Sale Price Trend
Days on Market
Sale vs List Price
This analysis was generated automatically from MLS data. For an in-depth, human-reviewed valuation, contact Joseph Sardella at josephsardella@gmail.com.