3040 Wabash Avenue
Los Angeles, CA 90063
Active for $1,250,000
Beds: N/A Baths: N/A Structure Size: N/A sqft Lot Size: 5,200 sqft
MLS | CV24210233 |
Year Built | 1924 |
Property Type | Mixed Use |
County | Los Angeles |
Status | Active |
Active | $1,250,000 |
Structure Size | N/A sqft |
Lot Size | 5,200 sqft |
Beds | N/A |
Baths | N/A |
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 courtesy of: Cynthia Morales, Nexgen Realtors . *Based on information from the Association of REALTORS/Multiple Listing as of 11/23/2024 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.