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
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3 Beds
2 Baths
3,065 SqFt
New

2843 Meeker El Monte, CA 91732

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Jim O'Donnell, REALTOR

Jim O'Donnell, REALTOR

+1(619) 990-8522

UPDATED:

Key Details

Property Type Condo

Sub Type All Other Attached

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

Year Built 1934

Lot Size 0.283 Acres

Lot Dimensions 12309

Property Sub-Type All Other Attached

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

Zoning EMC3

Direction Garvey and Meeker

Interior

Heating Wall/Gravity

Cooling Wall/Window

Fireplace No

Laundry Gas, Washer Hookup

Exterior

Parking Features Garage

Garage Spaces 2.0

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

View Y/N Yes

Water Access Desc Public

Roof Type Shingle

Total Parking Spaces 2

Building

Story 1

Sewer Public Sewer

Water Public

Level or Stories 1

Others

Senior Community No

Tax ID 8105006006

Acceptable Financing Cash, Conventional, Cash To New Loan

Listing Terms Cash, Conventional, Cash To New Loan

Special Listing Condition Standard

MLS Router / San Diego MLS
Listed by Kai Kyi Wetrust Realty

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Jim O'Donnell, REALTOR

Jim O'Donnell, REALTOR

Agent | License ID: 02064199

+1(619) 990-8522

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