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2843 Meeker Ave, El Monte, CA, 91732

3beds
2baths
3,065sqft
$1,668,000
$544price/sqft
$11,436/moest. monthly cost
$457,440/yrincome needed

About This Home

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.

Getting Around

83
WalkingVery Walkable
47
TransitSome Transit
56
BikeBikeable

Schools

5/10
7/10
El Monte High SchoolGrades 9-120.5 mi

Construction

Condition

  • Year built: 1934

Materials

  • Foundation: Raised
  • Roof: Shingle
  • Construction materials: Stucco

Type & Style

  • Home type: MultiFamily
  • Property subType: Triplex

Interior

Appliances

  • Laundry features: Washer Hookup,Gas Dryer Hookup

Bedroom

  • Features: All Bedrooms Down

Bedrooms & Bathrooms

  • Bedrooms: 3
  • Bathrooms: 2
  • Full bathrooms: 2
  • Main level bathrooms: 3
  • Main level bedrooms: 3

Features

  • All Bedrooms Down
  • Fireplace features: None
  • Common walls with other units/homes: 1 Common Wall

Heating & Cooling

  • Heating features: Wall Furnace
  • Cooling features: Wall/Window Unit(s)

Interior Area

  • Total interior livable area: 3,065 sqft

Property

Details

  • Parcel number: 8105006006
  • Attached to another structure: Yes
  • Zoning: EMC3
  • Special condition: Standard

Features

  • Levels: One
  • Stories: 1
  • Entry location: Font
  • Pool features: None
  • Has view: Yes
  • View description: None

Lot

  • Lot size: 0.28 Acres
  • Features: Corner Lot
  • Lot size dimensions: 12309

Parking

  • Total spaces: 2
  • Parking features: Garage
  • Has garage: Yes
  • Attached garage spaces: 2
  • Covered spaces: 2