18
See all 18 photos
Listed by Kai Kyi • Wetrust Realty
$1,668,000
Est. payment /mo
3,065 SqFt
Price Dropped by $10K
2843 Meeker El Monte, CA 91732
REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.
In-PersonVirtual Tour
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Triplex
Listing Status Active
Purchase Type For Sale
Square Footage 3,065 sqft
Price per Sqft $544
MLS Listing ID AR-26011009
Year Built 1934
Lot Size 0.283 Acres
Property Sub-Type Triplex
Source California Regional Multiple Listing Service (CRMLS)
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
Laundry Gas Dryer Hookup, Washer Hookup
Exterior
Parking Features Garage
Garage Spaces 2.0
Pool None
Community Features Sidewalks, Street Lights
Building
Lot Description Corner Lot
Sewer Public Sewer
Others
Virtual Tour https://youtube.com/shorts/1wgrfHVkfb8?si=j69-VhDh10zwqlts
GET MORE INFORMATION