PendingCondominium

168 S Monterey Street 502

Alhambra, CA, 91801

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$965,000

MLS: WS25141614

Beds

2

Baths

3

Sq Ft

1,325

Lot

1.45 ac

Year Built

2025

MLS #

WS25141614

Days on Market

141

Listed

Jun 24, 2025

Description

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!

Location

Alhambra, Los Angeles County, CA 91801

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Listed by: NINA HSU · High Ten Partners, Inc.

Payment estimate

$7,003

/ month (est.)

Principal, interest, taxes, and insurance + PMI. Down payment: $96,500 · Loan: $868,500

%
Principal & Interest
$5,336
Property tax (1.25%)
$1,005
Homeowners insurance
$300
Mortgage insurance
$362
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Login required. The full tool supports FHA / VA / USDA, PMI by credit tier, lender fees, and total cash to close — with your inputs here carried over.

Today's Rates

As of Apr 23, 2026

30-year fixed
6.23%
15-year fixed
5.58%

Source: Freddie Mac Primary Mortgage Market Survey (PMMS). Updated weekly.

Financing Options

FHA Financing — 3.5% Down

First-time and repeat buyers can purchase this Alhambra home with as little as 3.5% down using an FHA loan — roughly $33,775 down. FHA loans feature flexible credit guidelines and government-backed rates, making homeownership accessible for buyers who haven't saved a large down payment. Seller concessions up to 6% of the purchase price are also allowed.

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