Under Contract

201 S Meridian Avenue

Alhambra, CA 91801
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Bed 4

Bed

Bath 0

Bath

SqFt2,057

Sqft

SqFt6,224

Sqft(Lot)

201-203 S. Meridian Ave offers a rare opportunity to acquire a well-maintained duplex in the heart of Alhambra, available for the first time in over 30 years. This pride-of-ownership property has been carefully preserved, making it an excellent option for investors seeking stable income with future upside.The asset features two spacious 2-bedroom, 1-bathroom units, each approximately 1,000square feet. Both units offer functional layouts with comfortable living areas and ample natural light. They are separately metered for gas and electricity, allowing for efficient expense management and reduced landlord overhead. Situated on a 6,222 square foot lot with R-2 zoning, the property includes garage parking, adding convenience and tenant appeal. The zoning may also present potential for future development or expansion (buyer to verify).Centrally located, the property is just minutes from major retail destinations like Costco andTarget, as well as the dining and shopping options in Downtown Alhambra. The location supports strong rental demand due to its accessibility and neighborhood amenities.With current rents below market levels, there is clear upside potential for increased income over time. This makes 201-203 S. Meridian Ave a solid investment opportunity combining reliable tenancy, a desirable location, and room for growth.

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Detail Ic Property Details

Property Type : Residential Income

Price : $1,050,000

AD Id : 78857191

MLS Id : 26835521

Beds : 4

Lot Size : 6,224 Sqft

Living Area Size : 2,057

Year Built : 1939

County : Los Angeles

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Feature Features

  • Bedroom Information

    Total Bedrooms: 4

    Bathroom Information

    Total Baths: 2 Full Baths: 0 Half Baths: 0
  • Heating Source

    Wall Furnace Has Heating

  • Building Information

    Year Built: 1939 Building Area Total: 2,057

  • Lot Details

    Lot Dimensions Source: Vendor Enhanced Lot Size Acres: 0.1429
  • Lot Size Source: Vendor Enhanced Lot Size Square Feet: 6224

  • Listing Price Information

    Original List Price: 1,050,000 Listing Contract Date: 2026-05-18
  • Lease Information

    Listing Agreement: Exclusive Right To Sell

  • Tax Information

    Parcel Number: 5292009006

  • Garage and Parking

    Garage Description: Door-Multi,Door-Single,Garage

    Homeowners Association

  • Other Property Info

    Source Listing Status: Active Under Contract Source Neighborhood: 601 - Alhambra Postal Code Plus 4: 2953 Directions: Alhambra Zoning: ALRPD* Source Property Type: Residential Income Area: 601 - Alhambra
  • Building and Construction

    Property Age: 87 Year Built Source: Vendor Enhanced Total Square Feet Living: 2057 Levels or Stories: One Building Total Stories: 1
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Nearby Home Value

Address Estimate Bed Bath Sq. Ft Lot Size
204 N Vega Street, Alhambra, CA, 91801 $1,598,000 4 3 2,824 2,824 SqFt
101 S El Molino Street, Alhambra, CA, 91801 $1,249,000 3 1 1,567 1,567 SqFt
1404 Violeta, Alhambra, CA, 91801 $1,190,000 5 3 1,711 1,711 SqFt
999 E Valley Boulevard .., Alhambra, CA, 91801 $698,000 2 -- 1,052 1,052 SqFt
308 S Almansor Street, Alhambra, CA, 91801 $1,588,000 4 2 2,430 2,430 SqFt
909 S Almansor, Alhambra, CA, 91801 $1,088,000 3 2 1,377 1,377 SqFt
937 N Granada, Alhambra, CA, 91801 $1,598,000 3 2 2,190 2,190 SqFt
311 N Almansor, Alhambra, CA, 91801 $1,298,888 6 3 2,237 2,237 SqFt
745 S Chapel Ave, Alhambra, CA, 91801 $1,590,000 6 4 3,106 3,106 SqFt
104-106 E Linda Vista A.., Alhambra, CA, 91801 $1,695,000 6 2 2,793 2,793 SqFt

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ByOwner last updated this listing 06/11/2026 @ 05:55

MLS: 26835521 LISTED BY: Nicholas Hayner, Maywood Property Group 310-650-9696 SOURCE: CRMLS

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