$1,250,000
( $636.13Per Sq Foot )
 $6,710 est/mo Sourced by Back At You

3040 Wabash Avenue , Los Angeles, CA 90063

Los Angeles, CA 90063

Share with a friend

Description

Prime Commercial & Residential Opportunity at 3040 Wabash Ave, Los Angeles, CA 90063 Set in the vibrant and rapidly growing neighborhood of East Los Angeles, this unique mixed-use property offers endless potential for both business and residential use. Spanning approximately 1,965 square feet, the front commercial space is perfect for a variety of uses, including retail, office, or light industrial. Currently occupied by a successful bakery, this space features an open layout, soaring ceilings, and abundant natural light, making it flexible for any business configuration. The business portion also includes machinery and equipment in the rear, providing turnkey potential for bakery or food production businesses. Detached Residential Unit Behind the commercial space is a private, detached residential unit offering 3 spacious bedrooms and 1 bathroom, complete with its own dedicated parking space. This creates a seamless live-work environment or an additional rental income stream, adding to the property's appeal. High-Visibility Location & Prime Accessibility Boasting prime frontage on bustling Wabash Ave, the property enjoys excellent visibility and foot traffic. Its proximity to major highways (I-5, I-10, and US-101) and public transportation further enhances its accessibility, making it a perfect spot for attracting both local and city-wide customers. Whether you're an investor seeking a profitable business space or a buyer looking for a live-work property with income potential, 3040 Wabash Ave is a rare find in one of LA’s most dynamic commercial districts. Don’t miss this exceptional opportunity!

Details

MLS#CV24210233
Listing TypeFor Sale
StyleMixed Use
Sub-TypeResale
StatusActive
Year1924
Days On Site32
Listing Provided ByNexgen Realtors 626-975-1730 | Cynthia Morales

Features

SQ Feet1,965
Story(s)1
Units2
Building(s)2
Acreage0.12

Market Activity 90063

MLS Internet Data Exchange (IDX) information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that the data is deemed reliable but is not guaranteed accurate by the California Regional MLS.

Request a showing

Request a showing

Loading Form
Listings Checked: 1 minute ago
StateCA
CountyLos Angeles
CityLos Angeles
Zip Code90063
AreaBOYH Boyle Heights
Listing VS Median (in 90063)
Price:
$1,250,000
low | high
Med:
$750,000
90% of Average
SqFt:
1,965
low | high
Med:
1,810
57.888040712468% of Average
$ / SqFt:
$636
low | high
Med:
$414
84.861878453039% of Average
On Site:
32
low | high
Med:
40.000000
80% of Average
Sourced by Back At You
Listing Updated: October 10, 2024 at 4:24:31 PM PDT