2843 Meeker Ave El Monte, CA 91732
Mountain View NeighborhoodEstimated payment $10,344/month
Highlights
- Corner Lot
- Cooling System Mounted To A Wall/Window
- 2 Car Garage
- No HOA
- Laundry Room
- Wall Furnace
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. 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.
Property Details
Home Type
- Multi-Family
Year Built
- Built in 1934
Lot Details
- 0.28 Acre Lot
- 1 Common Wall
- Corner Lot
Parking
- 2 Car Garage
- Parking Available
Home Design
- Triplex
- Entry on the 1st floor
- Raised Foundation
- Shingle Roof
- Stucco
Interior Spaces
- 3,065 Sq Ft Home
- 1-Story Property
Bedrooms and Bathrooms
- 3 Main Level Bedrooms
- 2 Full Bathrooms
Laundry
- Laundry Room
- Washer and Gas Dryer Hookup
Outdoor Features
- Exterior Lighting
Utilities
- Cooling System Mounted To A Wall/Window
- Wall Furnace
- Natural Gas Connected
Community Details
- No Home Owners Association
- 3 Units
Listing and Financial Details
- Tax Lot 4
- Tax Tract Number 3262
- Assessor Parcel Number 8105006006
- Seller Considering Concessions
Map
Home Values in the Area
Average Home Value in this Area
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $12,434 | $877,336 | $522,798 | $354,538 |
| 2024 | $12,434 | $860,135 | $512,548 | $347,587 |
| 2023 | $12,236 | $843,271 | $502,499 | $340,772 |
| 2022 | $11,773 | $826,738 | $492,647 | $334,091 |
| 2021 | $12,055 | $810,529 | $482,988 | $327,541 |
| 2020 | $11,702 | $802,219 | $478,036 | $324,183 |
| 2019 | $11,688 | $786,490 | $468,663 | $317,827 |
| 2018 | $11,046 | $771,070 | $459,474 | $311,596 |
| 2016 | $10,173 | $741,131 | $441,633 | $299,498 |
| 2015 | $9,994 | $724,597 | $418,037 | $306,560 |
| 2014 | $9,776 | $710,404 | $409,849 | $300,555 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 01/19/2026 01/19/26 | For Sale | $1,798,000 | -- | $587 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Grant Deed | $730,000 | Pacific Coast Title Company | |
| Grant Deed | $650,000 | First American Title Co |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $570,000 | Commercial |
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: AR26012775
APN: 8105-006-006
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Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. 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
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