201 S Meridian Ave, Alhambra, CA 91801
201 S Meridian Ave, Alhambra, CA 91801
201 S Meridian Ave, Alhambra, CA 91801
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John Matukas

John Matukas

+1(323) 377-4961
$1,050,000
Est. payment /mo
4 Beds
2 Baths
2,057 SqFt
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UPDATED:

Key Details

Property Type Multi-Family

Sub Type Multi-Family

Listing Status Active

Purchase Type For Sale

Square Footage 2,057 sqft

Price per Sqft $510

MLS Listing ID 26835521

Bedrooms 4

Year Built 1939

Lot Size 6,224 Sqft

Acres 0.1429

Property Sub-Type Multi-Family

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 Alhambra

Zoning ALRPD*

Rooms

Other Rooms Other

Interior

Heating Wall

Cooling Wall Unit(s)

Equipment Other

Exterior

Parking Features Garage - 2 Car, Garage - 1 Car

Building

Level or Stories One

Others

Special Listing Condition Standard

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The information provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified.

Listed by Maywood Property Group

NEARBY SCHOOL & BUSINESS

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John Matukas

John Matukas

+1(323) 377-4961

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