201 S Meridian Avenue, Alhambra, CA 91801

About this property

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.

Sale history

$1,065,000

Sold July 2026 · listed $1,050,000, on market May 2026 · MLS #26835521 · Source: CRMLS

Listing Agent: Nicholas Hayner · Listing Office: Maywood Property Group · Contact: 310-650-9696 · Bought with: Nicholas Hayner · Maywood Property Group

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