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Under contract
  • $1,050,000

    201 S Meridian Ave, Alhambra, CA 91801

    4beds
    2baths
    2,057sqft
    : 
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    Multi Family
    Built in 1939
    -- sqft lot
    $1,045,200 Zestimate®
    $510/sqft
    $-- HOA

    What's special

    Ample natural lightGarage parking
    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.
    50 days
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    118
    |
    0
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    Zillow last checked:

    Listing updated:

    Listed by:

    Nicholas Hayner DRE # 02090908 310-994-9158,

    Maywood Property Group 310-650-9696

    Source: CLAW,MLS#: 26835521MLS Logo

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 4
      • Bathrooms: 2
      Heating
      • Wall
      Cooling
      • Wall Unit(s)
      Interior area
      • Total structure area: 2,057
      • Total interior livable area: 2,057 sqft

      Property

      Parking
      • Parking features: Garage - 2 Car, Garage - 1 Car
      • Has garage: Yes
      Features
      • Levels: One
      Lot
      • Size: 6,224 Square Feet
      Details
      • Additional structures: Other
      • Parcel number: 5292009006
      • Zoning: ALRPD*
      • Special conditions: Standard
      • Other equipment: Other

      Construction

      Type & style
      • Home type: MultiFamily
      • Property subtype: Multi Family
      Condition
      • Year built: 1939

      Community & HOA

      Location
      • Region: Alhambra

      Financial & listing details

      • Price per square foot: $510/sqft
      • Tax assessed value: $284,322
      • Annual tax amount: $4,049
      • Date on market: 5/18/2026

        Estimated market value

        $1,045,200

        $993,000 - $1.10M

        $2,825/mo

        Price history

        DateEventPrice
        6/6/2026Contingent$1,050,000$510/sqft
        Source: CLAW #26835521 Report a problem
        5/18/2026Listed for sale$1,050,000$510/sqft
        Source: CLAW #26835521 Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025$4,049 +3.6%$284,322 +2%
        2024$3,910 -0.5%$278,748 +2%
        2023$3,930 +4.5%$273,284 +2%
        2022$3,761 +1.2%$267,926 +2%
        2021$3,715 +0.5%$262,674 +1%
        2020$3,697 $259,982 +2%
        2019$3,697 +4.1%$254,886 +2%
        2018$3,552 $249,890 +2%
        2017$3,552 +1.3%$244,992 +2%
        2016$3,506 +7.1%$240,190 +1.5%
        2015$3,273 +2.3%$236,584 +2%
        2014$3,200 $231,950 +2.5%
        2012-- $226,376 +2%
        2011-- $221,938 +0.8%
        2010-- $220,280 -0.2%
        2009-- $220,804 +2%
        2008-- $216,476 +2%
        2007-- $212,232 +2%
        2006-- $208,072
        2005-- $208,072 +4%
        2004-- $199,996 +1.9%
        2003-- $196,332 +2%
        2002-- $192,484 +4%
        2000-- $185,010

        Find assessor info on the county website

        Monthly payment

        Est. payment

        Payment breakdown

        Explore the cost of this home by adjusting the details. Changes won't be saved.
        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
        Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
        See how much you could borrow to make a competitive offer.

        Climate risks

        Neighborhood: 91801

        Getting around

        71 / 100
        Very Walkable
        42 / 100
        Somewhat Bikeable

        Nearby schools

        GreatSchools rating

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