$1,668,000
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 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.
Facts & features
- Bedrooms
- 3
- Bathrooms
- 2 full, 0 half
- Living area
- 3,065 sq ft
- Interior features
- All Bedrooms Down
- Fireplace
- None
- Heating
- Wall Furnace
- Cooling
- Wall Window Units
- Laundry
- Washer Hookup, Gas Dryer Hookup
- Levels
- One
- Lot size
- 0.283 acres (12,313 sq ft)
- Pool
- None
- Year built
- 1934
- Parking
- Garage
- Parking spaces
- 2
- Area
- 619 - El Monte
- County
- Los Angeles
- Community features
- Street Lights, Sidewalks
- Status
- Active
- Property type
- Triplex
- Days on market
- 136
- Listed
- 2026-01-16
- Original price
- $1,798,000
- Terms
- Cash, Cash To New Loan, Conventional
- Parcel #
- 8105006006
- MLS #
- AR26012775
