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Matt O'Brien

matt@homecrave.com +1(619) 302-3010

$ 1,050,000

Est. payment | -/mo

4 Beds

2 Baths

2,057 SqFt

Save

$ 1,050,000

Est. payment | -/mo

Save

4 Beds

2 Baths

2,057 SqFt

Key Details

Property Type Single Family Home

Listing Status Active

Purchase Type For Sale

Square Footage 2,057 sqft

Price per Sqft $510

MLS Listing ID 26835521

Bedrooms 4

HOA Y/N No

Year Built 1939

Lot Size 6,224 Sqft

Property Description

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.

Location

State CA

County Los Angeles

Area 601 - Alhambra

Zoning ALRPD*

Interior

Heating Wall Furnace

Fireplace No

Exterior

Parking Features Door-Multi, Door-Single, Garage

Building

Entry Level One

Level or Stories One

New Construction No

Others

Senior Community No

Tax ID 5292009006

Special Listing Condition Standard

CRMLS Full IDX Feed (MAIN Website Search)

Listed by Nicholas Hayner Maywood Property Group #02090908

NEARBY SCHOOL & BUSINESS

+1(619) 302-3010

matt@homecrave.com

San Diego, CA, 92124

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201 S Meridian AVE Alhambra, CA 91801