NOT LISTED FOR SALE

2826 Meeker Ave El Monte, CA 91732

Mountain View Neighborhood
23 Beds
21 Baths
2,260 Sq Ft
0.49 Acres

Last Sold August 25, 2021

Last sale price $1,790,000 $792 Per Sq Ft

13 Days on Market

Highlights

  • 0.49 Acre Lot
  • Side by Side Parking
  • Laundry Room
  • El Monte High School Rated A-
  • Security Service
  • Guest Parking

About This Home

As of August 2021

Lilly Enterprises Inc. and Compass Commercial, as the exclusive listing agencies, are pleased to present for sale a turnkey mobile home park in the City of El Monte, CA. The park consists of seventeen (17) 1BR/1BA mobile homes, one (1) 2BR/1BA apartment, two (2) 1BR/1BA apartments and a 2BR/1BA SFR residing across a 21,311 SF lot. The park comes with an on-site laundry facility and nine (9) unassigned parking spaces (which are currently not being charged). The offering presents an excellent opportunity for an investor to acquire a stable cash-flowing asset that has been well-maintained. The property is being offered at a 6.80 CAP and 8.10 X gross on existing income, while representing just $85,240/unit. There is currently one (1) vacancy. The subject property is located just 1 mile S of Longo Toyota, the largest Toyota dealership by sales volume in the United States.

Last Agent to Sell the Property

Matt Lee

Lilly Enterprises, Inc. License #01881080 Listed on: 05/27/2021

Co-Listed By

Elizabeth Clark

Douglas Elliman License #01811246

Last Buyer's Agent

Matt Lee

Lilly Enterprises, Inc. License #01881080 Listed on: 05/27/2021

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1938 | Remodeled

Lot Details

  • 0.49 Acre Lot
  • West Facing Home
  • Property is zoned EMR3YY

Home Design

  • Additions or Alterations
  • Cosmetic Repairs Needed
  • Fixer Upper

Interior Spaces

  • 2,260 Sq Ft Home
  • 1-Story Property
  • Laundry Room

Bedrooms and Bathrooms

  • 23 Bedrooms
  • 21 Bathrooms

Parking

  • 9 Open Parking Spaces
  • 9 Parking Spaces
  • Side by Side Parking
  • Guest Parking
  • On-Street Parking
  • Unassigned Parking

Listing and Financial Details

  • The owner pays for electricity, water, gas
  • Assessor Parcel Number 8105-007-028

Community Details

Security

  • Security Service
  • Resident Manager or Management On Site

Additional Features

  • 21 Units
  • Laundry Facilities

Home Details

Home Type

Single Family

Year Built

Built in 1938 | Remodeled

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Street Number Display: Yes
  • Additional Assessor Parcel Numbers: No
  • Entry Location: Ground Level w/steps
  • Living Area: 2260
  • Lot Acreage: 0.4900
  • Price Per Unit: 85240.00
  • Probate: No
  • Property Condition: Updated/Remodeled, Repair Cosmetic, Fixer, Additions/Alter
  • Stories: 1
  • Year Built: 1938
  • Number Of Photos: 10
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Bedrooms: 23
  • Common Walls: Detached/No Common Walls
  • Dining Room: 0
  • Family Room: 0
  • Laundry: Community, Laundry Area
  • Laundry Equipment: Own
  • Total Bathrooms: 21.00
  • Den: 0
  • Price Per S Q F T: 792.04

Exterior Features

  • Direction Faces: West
  • Other Structures: None
  • Tennis Court Y/N: No
  • Paved: Yes
  • Pool: No
  • Spa Yn: No
  • View: No

Garage/Parking

  • Other Spaces: 9
  • Garage Structures: 0
  • Parking Garage: On street, Parking for Guests, Parking for Guests - Onsite, Parking Space, Side By Side, Unassigned, Uncovered
  • Total Parking: 9

Utilities

  • Security: Community, Resident Manager
  • Water Heaters: Yes

Association/Amenities

  • Pet Rules: Assoc Pet Rules

Lot Info

  • Assessed Improvement Percent: 42.72
  • Assessed Improvement Value: 31581
  • Assessed Land Percent: 57.28
  • Assessed Land Value: 42341
  • Total Assessed Value: 73922
  • Assessor Parcel Number: 8105-007-028
  • Lot Size Area: 21311
  • Price Per Acre: 84.00

Rental Info

  • Land Lease Type: Fee
  • Owner Pays: Electricity, Water, Gas

Multi Family

  • Unit Type: 2106, 2107
  • Gross Rent Multiplier: 8.12
  • Number Of Units: 21
  • Total Annual Expense: 87745
  • Type Of Units: Mobile Home
  • Vacancy Rate: 5

Range of Values:

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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/25/2021 08/25/21 Sold $1,790,000 0.0% $792 / Sq Ft
06/09/2021 06/09/21 Pending -- -- --
05/27/2021 05/27/21 For Sale $1,790,000 -- $792 / Sq Ft
Source: The MLS

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Matt Lee

    Seller's Agent in 2021

    Matt Lee

    Lilly Enterprises, Inc.

    (310) 324-7400

    1 in this area

    8 Total Sales

    Section Image

  • E

    Seller Co-Listing Agent in 2021

    Elizabeth Clark

    Douglas Elliman

    Section Image
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Map

Source: The MLS

MLS Number: 21-737836

The MLS

California Los Angeles County El Monte 91732 Mountain View

2826 Meeker Ave, El Monte, CA

This home is located at 2826 Meeker Ave, El Monte, CA 91732 since 27 May 2021. This property was built in 1938. 2826 Meeker Ave is a home located in Los Angeles County with nearby schools including Willard F. Payne Elementary, El Monte High School, and New Life Christian School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

The MLS © 2025 The MLS™ - Combined L.A. Westside MLS (CLAW). All rights reserved. Based on information from The MLS™ - Combined L.A. Westside MLS (CLAW). All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Information is deemed reliable but not guaranteed.

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