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.
Under contract
$1,050,000
201 S Meridian Ave, Alhambra, CA 91801
4beds
2baths
2,057sqft
Multi Family
Built in 1939
-- sqft lot
$1,045,200 Zestimate®
$510/sqft
$-- HOA
What's special
Ample natural lightGarage parking
- 50 days |
- 118 |
- 0 |
Zillow last checked:
Listing updated:
Listed by:
Nicholas Hayner DRE # 02090908 310-994-9158,
Maywood Property Group 310-650-9696
Source: CLAW,MLS#: 26835521
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
| Date | Event | Price |
|---|---|---|
| 6/6/2026 | Contingent | $1,050,000$510/sqft |
Source: | ||
| 5/18/2026 | Listed for sale | $1,050,000$510/sqft |
Source: | ||
Public tax history
| Year | Property taxes | Tax 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 | -- | $185,010 |
Find assessor info on the county website
Monthly payment
Est. payment$--/mo
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
Nearby schools
GreatSchools rating
- 6/10Emery Park Elementary SchoolGrades: K-8Distance: 0.3 mi
- 8/10Alhambra High SchoolGrades: 9-12Distance: 1.5 mi
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- California
- Los Angeles County
- Alhambra
- 91801
- 201 S Meridian Ave



