El Monte, CA 91732,2843 Meeker
El Monte, CA 91732,2843 Meeker
El Monte, CA 91732,2843 Meeker
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$1,798,000
Est. payment /mo
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3 Beds
2 Baths
3,065 SqFt
New

2843 Meeker El Monte, CA 91732

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Jennifer Stuart

Jennifer Stuart

+1(702) 265-4498

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 $586

MLS Listing ID AR26012775

Bedrooms 3

Full Baths 2

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. 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

Rooms

Main Level Bedrooms 3

Interior

Interior Features All Bedrooms Down

Heating Wall Furnace

Cooling Wall/Window Unit(s)

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

Utilities Available Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected

View Y/N No

View None

Roof Type Shingle

Total Parking Spaces 2

Private Pool No

Building

Lot Description Corner Lot

Dwelling Type Triplex

Story 1

Entry Level One

Foundation Raised

Sewer Public Sewer

Water Public

Level or Stories One

New Construction No

Schools

School District El Monte Union High

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

CRMLS – RECore
Listed by Kai Kyi Wetrust Realty 626-863-2200

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Jennifer Stuart

Jennifer Stuart

Agent | RE.56321

+1(702) 265-4498

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2843 Meeker