Overview

Property ID: HZAR26011009
  • Triplex
  • Property Type
  • 2
  • Garages
  • 1934
  • Year Built

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.

  • Address Meeker
  • City El Monte
  • State/county Los Angeles
  • Zip/Postal Code 91732

Details

Updated on March 5, 2026 at 10:08 pm
  • Property ID: HZAR26011009
  • Price: $1,758,000
  • Garages: 2
  • Year Built: 1934
  • Property Type: Triplex
  • Property Status: ResidentialIncome
  • Listed by: Kai Kyi
  • DRE #: 01986720
  • Contact Phone: 626-863-2200
  • Contact Mail: kaikyi@yahoo.com
  • Brokered by: Wetrust Realty

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