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3040 Wabash Avenue

Los Angeles (City), CA 90063
  • $1,250,000
  • STATUS: Active
  • ON SITE: 98 Days
  • ID#: CV24210233
UPDATED: 164 min ago
$1,250,000
  • 0
    BEDS
  • 0.12
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Commercial
Built:
1924
County:

School Ratings & Info

Listing Agent(s): Cynthia Morales of Nexgen Realtors (626-975-1730) and Carolyne Beaulne Seguin of ()


Description

Prime Commercial & Residential Opportunity at 3040 Wabash Ave, Los Angeles, CA 90063Set 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 UnitBehind 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 AccessibilityBoasting 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 LAs most dynamic commercial districts. Dont miss this exceptional opportunity!

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Based on information from California Regional Multiple Listing Service, Inc. as of 2025-01-17T00:30:05.24. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or Robyn Graham & Associates | Keller Williams. Licensed in the State of California, USA.
www.robynicenhowerproperties.com/homes/156608355
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3040 Wabash Avenue Los Angeles (City), CA 90063

  • Price: $1,250,000
  • Status: Active
  • On Site: 98 Days
  • Updated: 164 min ago
  • ID#: CV24210233
0
Beds
0
Baths
0
½ Baths
0.12
Acres
1924
Built
Neighborhood:
BOYH - Boyle Heights
County:
Los Angeles
Area:
BOYH - Boyle Heights
Property Description
Prime Commercial & Residential Opportunity at 3040 Wabash Ave, Los Angeles, CA 90063Set 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 UnitBehind 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 AccessibilityBoasting 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 LAs most dynamic commercial districts. Dont miss this exceptional opportunity!
Exterior Features

Entry Level 1 Lot Features 0-1 Unit/Acre Sign On Property YN No

Property Features

Additional Parcels YN No Business Type Bakery Common Interest None Current Financing Other Laundry Features See Remarks Lease Considered YN No Listing Agreement Exclusive Right To Sell Listing Service Full Service Listing Terms CashCash to Existing LoanCash to New LoanConventionalContractCal Vet Loan1031 ExchangeFHA 203(b)FHAFannie MaeFreddie MacSubmitVA Loan Number Of Units Leased 2 Property Sub Type Mixed Use Special Listing Conditions StandardTrust Water Source Public



Based on information from California Regional Multiple Listing Service, Inc. as of 2025-01-17T00:30:05.24. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or Robyn Graham & Associates | Keller Williams. Licensed in the State of California, USA.
 
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Robyn Graham & Associates | Keller Williams
5110 W. Cypress Ave.
Visalia CA, 93277
Listing Agent(s): Cynthia Morales of Nexgen Realtors (626-975-1730) and Carolyne Beaulne Seguin of ()