3040 Wabash Avenue

Los Angeles, CA 90063

$1,250,000

List Price

N/A

bed Beds

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shower Baths

N/A sqft

straighten / sqft

1924

calendar_month Built

Property 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!

Listing Information

List Price $1,250,000
Status Active
MLS CV24210233
Type Commercial
Subtype Mixed Use
Year Built 1924
Lot Size 5,200
Structure Size N/A
Courtesy Of Nexgen Realtors
Listing Agent Cynthia Morales DRE#02135957
Co-Listing Agent Carolyne Beaulne Seguin DRE#02001395

Interior Features

Laundry Information
Location(s) See Remarks
Total Bedroom
Bedrooms N/A
Total Bathroom
Bathrooms N/A

Exterior Information

Maps

Listing information courtesy of: Cynthia Morales, Carolyne Beaulne Seguin, Nexgen Realtors . *Based on information from the Association of REALTORS/Multiple Listing as of Oct 10th, 2024 at 11:11 PM and/or other sources. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS. 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.