$1,250,000
For Sale

3040 Wabash Avenue

Los Angeles, CA 90063
0.12 acres | #CV24210233
Listing OfficeNexgen Realtors
Browse 24 photos
Type:Purchase
Structure:Commercial
Zone:Commercial

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!

  • Property Details
      • Lot DescriptionZeroToOneUnitAcre
      • CountyLos Angeles
      • Original List Price$1,250,000
      • MLS #CV24210233
      • MLS #CV24210233
      • Property TypePurchase
      • Property SubtypeMixedUse
      • Cost1250000
      • Acres0.1194
      • Utility SourcePublic
      • Year Built1924
      • Stories1

Location

Cristina Arneson-CabreraReal Estate Group
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Down Payment

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10.0%

Interest Rate

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6.0%

Tax Rate

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2.6%
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Note: The results shown are estimates only and do not include all factors. Speak with a licensed agent or loan provider for exact details. This tool is sourced from CloseHack.

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