Property
Listing Agent: Nicholas Hayner (DRE #02090908) · Listing Office: Maywood Property Group · Contact: 310-650-9696 · Bought with: Nicholas Hayner · Maywood Property Group · MLS #26835521 · Source: CRMLS
201 S Meridian Avenue sold for $1,065,000 in July 2026, 1.4% over its $1,050,000 list price, after 19 days on the market. That works out to $518 per square foot on 2,057 square feet. Across 142 closed sales in 91801 over the last 12 months, the median sold price is $895,000 and the median is $583 per square foot, 13% above this sale's $518. 4-bedroom rentals in 91801 currently list at a median of $3,875 a month (6 listings).
| Quarter | Closed sales in 91801 | Median sold price |
|---|---|---|
| Q1 2026 | 9 | $825,000 |
| Q2 2026 | 67 | $930,000 |
| Q3 2026 | 59 | $848,000 |
| Q4 2026 | 7 | $1,275,000 |
Figures are MLS-reported closed sales (CRMLS); ZIP medians cover the last 12 months. Nalren does not estimate values. Recently sold in Alhambra · Homes for sale in 91801
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.
Listing description from the July 2026 sale, as reported to CRMLS.
Closed sales reported in 91801, nearest first, last 12 months. All recent sales in Alhambra →