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2843 Meeker

el monte, CA 91732

$1,668,000

  • 3 BR
    2 BA
    approx. 3,065 SF

Interested? Let's Connect

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.

Details

3,065 Sq Ft

0.2827 Private Acres Lot Size

single family home

Built in 1934

MLS/Listing ID AR26012775

1 Stories

3 Units

Amenities & Features

Washer Hookup

Gas Dryer Hookup

Lot - Corner Lot

Parking - Garage

Shingle

Public Sewer

Public Water

Community - Street Lights

Community - Sidewalks

Construction - Stucco

Cooling - Wall/window unit(s)

Raised

Heating - Wall Furnace

All Bedrooms Down

Estimate my mortgage

TOTAL MONTHLY COST

$0

  • PRINCIPAL & INTEREST

    $0

  • PROPERTY TAXES

    $0

  • Common Charges

    $0

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Interested In 2843 Meeker?