3040 Wabash Avenue
$1,250,000
—
1,965
1,965
$636
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...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!
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...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!
- Listed by Cynthia Morales • DRE #02135957 • Nexgen Realtors
- Listed by Carolyne Beaulne Seguin • DRE #02001395 • Brokerage DRE #01525571 • RE/MAX TIME REALTY
Property Details for 3040 Wabash Avenue
Total Units
2.0
Business TypeBakery
Lot Size SourceAssessor
Building Area Total1965
Building Area UnitsSquare Feet
Stories Total1
Entry Level1
Parcel Number5178002009
LISTING UPDATED: 10/10/2024 09:11 AM
Property Details for 3040 Wabash Avenue
Status | Active |
---|---|
MLS # | CV24210233 |
Days on Market | 21 |
Taxes | - |
HOA Fees | - |
Condo/Co-op Fees | - |
Compass Type | Mixed Use |
MLS Type | Commercial Sale / Mixed Use |
Year Built | 1924 |
Lot Size | 0.12 AC / 5,200 SF |
County | Los Angeles County |
Building Information for 3040 Wabash Avenue
Stories1Residences-Year Built1924Lot Size0.12 AC / 5,200 SF
Property Information for 3040 Wabash Avenue
Property History for 3040 Wabash Avenue
Date | Event & Source | Price | Appreciation |
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Date | Event & Source | Price |
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For completeness, Compass often displays two records for one sale: the MLS record and the public record.
Public Records for 3040 Wabash Avenue
Taxable ValueLand$113,929Additions$77,670Total$191,599
Tax Record2024$2,706 ($226 / month)
Home Facts
Total Finished SqFt1,965 SqFtAbove Grade Finished SqFt1,965 SqFtStories1Lot Size5,200 SqFtStyleOffice BuildingYear Built1924ZoningLAC2CountyLOS ANGELESAPN5178-002-009
Schools near 3040 Wabash Avenue
This home is within Los Angeles Unified School District.
Rating | School | Type | Grades | Distance |
---|---|---|---|---|
Public - | K to 6 | |||
Charter - | 6 to 8 | |||
Public - | 9 to 12 | |||
Public - | 9 to 12 |
Rating | School | Distance |
---|---|---|
Evergreen Avenue Elementary School PublicK to 6 | ||
Alliance College-Ready Middle Academy 8 Charter6 to 8 | ||
School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.
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