2843 Meeker, El Monte, CA 91732
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2843 Meeker, El Monte, CA 91732
2843 Meeker, El Monte, CA 91732
2843 Meeker, El Monte, CA 91732
2843 Meeker, El Monte, CA 91732
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Vanessa O'Neill

Vanessa O'Neill

+1(909) 248-6215
$ 1,668,000
Est. payment /mo
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Price Dropped by $10K

2843 Meeker El Monte, CA 91732

0.28 Acres Lot

UPDATED:

Key Details

Property Type Multi-Family

Sub Type Triplex

Listing Status Active

Purchase Type For Sale

MLS Listing ID AR26011009

HOA Y/N No

Year Built 1934

Lot Size 0.283 Acres

Lot Dimensions Public Records

Property Sub-Type Triplex

Property Description

Excellent investment opportunity with good CAP rate. This income-producing corner lot offers a rare combination of residential and commercial uses with strong, stable cash flow. The property features a commercial duplex with prime Garvey Avenue frontage located at 11534 Garvey Ave. One unit is occupied by a long-established hair salon that has successfully operated at this location for many years another commercial occupy as religious room. Located behind the commercial building is a tenant-occupied single-family residence at 2843 Meeker Ave. Separate utility meters for the residential and the commercial units. In addition, a large rear lot is currently leased to a nearby auto shop for parking, providing supplemental rental income. Both the commercial duplex, the residential unit, and leased lot contribute to consistent monthly revenue. All tenants are on month-to-month leases, offering flexibility for future repositioning, redevelopment, or rent adjustments. This well-sized corner lot presents strong upside potential and multiple value-add opportunities, making it ideal for investors seeking both immediate income and long-term growth.

Location

State CA

County Los Angeles

Area 619 - El Monte

Zoning EMC3

Interior

Heating Wall Furnace

Fireplaces Type None

Fireplace No

Laundry Washer Hookup, Gas Dryer Hookup

Exterior

Parking Features Garage

Garage Spaces 2.0

Garage Description 2.0

Pool None

Community Features Street Lights, Sidewalks

Roof Type Shingle

Total Parking Spaces 2

Private Pool No

Building

Lot Description Corner Lot

Story 1

Entry Level One

Foundation Raised

Sewer Public Sewer

Water Public

Level or Stories One

New Construction No

Others

Senior Community No

Tax ID 8105006006

Acceptable Financing Cash, Cash to New Loan, Conventional

Listing Terms Cash, Cash to New Loan, Conventional

Special Listing Condition Standard

Virtual Tour https://youtube.com/shorts/1wgrfHVkfb8?si=j69-VhDh10zwqlts

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Listed by Kai Kyi Wetrust Realty 626-863-2200, DRE #01986720
Vanessa O'Neill

Vanessa O'Neill

Agent | License ID: 01499193

+1(909) 248-6215

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2843 Meeker