2843 Meeker, El Monte, CA, US, 91732
Basics
- Date added: Added 4 weeks ago
- Category: Residential
- Type: Triplex
- Status: Active
- Bedrooms: 3
- Bathrooms: 2
- Area: 3065 sq ft
- Lot size: 12313, 12313 sq ft
- Year built: 1934
- View: None
- Zoning: EMC3
- County: Los Angeles
- MLS ID: AR26012775
Description
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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. 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.
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Location
- Directions: Garvey and Meeker
- Lot Size Acres: 0.2827 acres
Building Details
- Structure Type: Triplex
- Water Source: Public
- Lot Features: CornerLot
- Sewer: PublicSewer
- Common Walls: OneCommonWall
- Construction Materials: Stucco
- Foundation Details: Raised
- Garage Spaces: 2
- Levels: One
Amenities & Features
- Pool Features: None
- Parking Features: Garage
- Parking Total: 2
- Roof: Shingle
- Utilities: ElectricityConnected,NaturalGasConnected,SewerConnected,WaterConnected
- Cooling: WallWindowUnits
- Fireplace Features: None
- Heating: WallFurnace
- Interior Features: AllBedroomsDown
- Laundry Features: WasherHookup,GasDryerHookup
Nearby Schools
- High School District: El Monte Union High
Expenses, Fees & Taxes
- Association Fee: 0
Agent info
- Agent name: Kai Kyi
- Agent MLS: AR41468
- Agent email: kaikyi@yahoo.com
- Agent officephone: 626-587-4866
Miscellaneous
- List Office Name: Wetrust Realty
- Listing Terms: Cash,CashToNewLoan,Conventional
- Common Interest: None
- Community Features: StreetLights,Sidewalks
- Attribution Contact: 626-863-2200