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.
Property Details
Price:
$1,050,000
MLS #:
26835521
Status:
Active
Beds:
4
Baths:
2
Type:
Single Family
Neighborhood:
601alhambra
Listed Date:
May 18, 2026
Finished Sq Ft:
2,057
Total Sq Ft:
2,057
Lot Size:
6,224 sqft / 0.14 acres (approx)
Year Built:
1939
See this Listing
Schools
Interior
Heating
WL
Levels
A
Exterior
Financial
Map
Community
- Address201 S Meridian AV Alhambra CA
- CityAlhambra
- CountyLos Angeles
- Zip Code91801
Subdivisions in Alhambra
Market Summary
Current real estate data for Single Family in Alhambra as of May 28, 2026
154
Single Family Listed
56
Avg DOM
346
Avg $ / SqFt
$806,805
Avg List Price
Property Summary
- 201 S Meridian AV Alhambra CA is a Single Family for sale in Alhambra, CA, 91801. It is listed for $1,050,000 and features 4 beds, 2 baths, and has approximately 2,057 square feet of living space, and was originally constructed in 1939. The current price per square foot is $510. The average price per square foot for Single Family listings in Alhambra is $346. The average listing price for Single Family in Alhambra is $806,805.
Similar Listings Nearby
201 S Meridian AV
Alhambra, CA


