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
ACTIVE$1,400,000
168 S Monterey Street 501, Alhambra, California 91801
3Beds
4Baths
1,910Sqft
62,960Lot
Year Built
2025
Close
-
List price
$1.4M
Original List price
$1.4M
Price/Sqft
$733
HOA
$746.1
Days on market
-
Sold On
-
MLS number
WS25108495
Home ConditionExcellent
Features
Good View: Neighborhood
ViewNeighborhood

About this home

We found 3 Cons,5 Pros. Rank: price - $1.40M(98th), sqft - 1910(95th), beds - 3(55th), baths - 4(98th).

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!

Price History

Date
Event
Price
05/16/25
Listing
$1,400,000
Condition Rating
Excellent

This property is listed as 'brand new' with a build year of 2025, which immediately places it in the highest quality category. The images confirm a pristine, modern aesthetic throughout. The kitchen features contemporary dark cabinetry, light quartz countertops, a stylish mosaic backsplash, and new stainless steel appliances. Bathrooms boast modern vanities, sleek countertops, and large tiled showers with glass enclosures. Flooring consists of new light wood-look material and fresh carpeting. All light fixtures are modern, and the overall design reflects current quality standards with no signs of wear or deferred maintenance.
Pros & Cons

Pros

Brand New Luxury Construction: Built in 2025, this property is part of an exclusive, brand new mixed-use community, offering modern elegance, meticulous attention to detail, and high-end finishes like quartz countertops.
Exceptional Penthouse Design: As a two-story penthouse, it features soaring ceilings, floor-to-ceiling windows for abundant natural light, open floor plans, and multiple en-suite bedrooms ensuring comfort and privacy.
Stunning Views & Private Outdoor Spaces: Each room boasts its own balcony with stunning views of the surrounding mountains and city skyline, complemented by a secluded rooftop terrace for a peaceful outdoor retreat.
Premium Community Amenities: Residents enjoy unparalleled amenities including a state-of-the-art fitness center, an elegant resident lounge for social gatherings, and a beautifully landscaped terrace for relaxation.
Prime Location & Convenience: Situated in the vibrant heart of Alhambra, the property is just minutes from Alhambra Square’s premier dining, shopping, and cultural experiences, offering an ideal blend of sophistication and convenience.

Cons

High Association Fees: The monthly association fee of $746.10 is substantial and adds a significant recurring cost to homeownership, which may deter some potential buyers.
Condominium Ownership Limitations: As a condominium, ownership comes with inherent limitations on personal modifications and potential restrictions imposed by the HOA, which might not appeal to buyers seeking full autonomy over their property.
High Price Point: With a list price of $1.4 million for a 1910 sqft unit, this property represents a high entry barrier, potentially limiting the pool of prospective buyers despite its luxury features and new construction status.

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