A great opportunity awaits with this attractive Mexican restaurant business in East Los Angeles. Conveniently located in a residential neighborhood, just one block west of Eastern Avenue, this establishment has built a strong base of loyal repeat and referral customers. The current owner has invested minimal time or resources in advertising, presenting an excellent opportunity for growth by leveraging social media and marketing campaigns to reach new audiences. Upon entering, customers are greeted by a welcoming interior with ample seating and a large menu displayed on a blackboard. A large refrigerator stocked with soft drinks is conveniently located near the entrance. The restaurant also features a charming outdoor patio area, complete with wood bench seating, providing a cozy dining experience. Behind the register is a well-organized kitchen equipped with various workstations to ensure efficient operations. At the rear of the building, accessible through the patio, is a spacious storage room, adding practicality to the business layout. With its established customer base and untapped advertising potential, this restaurant offers both stability and room for growth, making it an appealing investment for a motivated entrepreneur.
TWO BUILDINGS ONE PARCEL! ENDLESS BUSINESS OPPORTUNITY. Office space consists of 7 interior offices, a large reception room and 1.5 restrooms. Warehouse space can be used for filming, dance studio, music studio or content film studio, The garage space backs the office space and could be an income earning added space. Well established for any kind of business you desire. This is close to I10 and I710 Freeways. Near downtown, Cal State University and USC. Property will be delivered Vacant!
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!
Come take a look at this property located in the heart of Los Angeles. Conveniently located on the corner of two major cross streets of North Gage St. and Downey Rd. Property cash flows immediately with two current tenants. A meat market/grocery store, private warehouse and separate bakery. Property comes with private parking lot to maximize customer traffic. This property has more room to add more revenue with the amount of space it offers with a lot size of over 18,000 sqft. Great opportunity to convert this unit into into 2 more businesses totaling to 4 businesses in one building to maximize cashflow. The market offers private office space, two industrial size stainless steel walk in coolers with 1 cooler offering 10 doors of shelf space for grocery store revenue, industrial size freezer, restaurant grade flooring in meat market, stainless steel 3 compartment sinks, 2 cutting tables and 2 customer restrooms. There is a private parking lot offering 14 parking spots and dumpster space. Bakery contains an oven, its own restroom, food display case, a grease trap, 2 compartment sink, and parking spaces for 4. Building has been recently painted and the roof is less 15 years old. All the refrigeration from walk ins and freezer is less than 3 years old. All electrical has been updated to all your business needs and future needs.
920 N Bonnie Beach Place is a commercial kitchen, 625 square feet, situated on a 3,444 square foot corner lot with a tenant currently on a month-to-month lease with the desire to stay. With the changing landscape in how we access food, this property is strategically set up to perform for the long term. The asset is located directly across the street from William Anton Elementary School, and is zoned R2/LCK2* while also being in an Opportunity Zone. This provides for future or current tac benefits that are extremely desirable and rare. The neighborhood of City Terrace is part of incorporated East Los Angeles. Metro's E Line (light rail) along with Metro's bus service connects residents and patrons throughout LA with convenient transportation. This deal is perfect for an investor seeking a secure, performing property, with value-add and development potential. An owner-user in the food delivery space could find this to be the best home for their business due to the location's proximity to DTLA, the 10 fwy, 710, 101 and the I5. You don't want to miss this opportunity to own a slice of LA's thriving real estate market!
The current ownership has owned the subject property since 1987. Currently the property is occupied by three (3) tenants & one (1) billboard lease. All the current tenants are on a Month-To-Month lease term. Current annual rental income is estimated to be $53,084.00. The property has an easement or right of way over the neighboring property, making parking in the rear accessible. 3009 Wabash Avenue is opportunity to purchase a multi-tenant street retail/commercial single-story building that consist of 3,850+/- square feet located on a lot size of 9,338+/- square feet of semi-improved land zoned “C2” Commercial Zone, with 70 linear feet along Wabash Ave. C2 zoning provides a wide range of uses, for example any use permitted in the C1.5, C1 and CR, Carpenter, plumbing or sheet metal shop, Catering shop, Interior decorating or upholstering shop and Restaurant. Retail Repositioning Opportunity: With the potential to construct up to 25 residential units, there is a significant opportunity for retail repositioning. According to the Los Angeles City Planning guidelines, projects considering an affordable housing component can benefit from several incentives allowing for an increase in density without requiring a zone change or a variance. These incentives include the TOC program or the State Density Bonus Program. Under the TOC program, 100% Affordable Housing Projects can potentially elevate their Tier designation. For instance, instead of its current Tier 1 designation, this property might qualify for Tier 2. According to TOC Guidelines, the Tier 2 increase in density could reach up to 40%. Don't let this exceptional investment opportunity slip away. Contact us today to explore the potential of this prime commercial property. Location Overview Located just minutes from Downtown L.A., Little Tokyo, and the Arts District, 3009 Wabash Ave, Los Angeles, CA 90063 is situated on a nearly 9,338 SF lot with C2-1-CUGU, Tier 1 T.O.C. Zoning, offering the possibility of future development. The offering benefits from ample parking, a 94 Walk Score, over 8,494 cars passing by daily, and is situated in the high-density rental market of Boyle Heights.
Fantastic Investment Opportunity: Mix-Use Property with Strong Income Potential Welcome to this exceptional income property, perfectly suited for savvy investors seeking a lucrative opportunity. Currently configured as four units, this versatile mix-use property offers a range of income streams and potential for expansion. Property Highlights: Fully Renovated Upstairs Apartment: Enjoy modern living in the tastefully renovated 3-bed, 1-bath upstairs apartment, offering spacious accommodations and contemporary amenities. Established Hair Salon: A long-standing anchor tenant, the established hair salon provides steady rental income and adds value to the property. Owner-Occupied Unit: The property includes a comfortable 1-bed, 1-bath unit ideal for an owner-user or as additional rental income. Studio Apartment: A cozy studio apartment completes the current rental offerings, providing diversity in tenant options. Expansion Potential: With ample space on the lot, there's exciting potential to expand the property and add more units, maximizing the income potential. Don't miss out on this exceptional opportunity to own a lucrative income property with endless potential. Schedule a viewing today and unlock the possibilities! Buyer to verify SqFT & units
Fantastic Investment Opportunity: Mix-Use Property with Strong Income Potential Welcome to this exceptional income property, perfectly suited for savvy investors seeking a lucrative opportunity. Currently configured as four units, this versatile mix-use property offers a range of income streams and potential for expansion. Property Highlights: Fully Renovated Upstairs Apartment: Enjoy modern living in the tastefully renovated 3-bed, 1-bath upstairs apartment, offering spacious accommodations and contemporary amenities. Established Hair Salon: A long-standing anchor tenant, the established hair salon provides steady rental income and adds value to the property. Owner-Occupied Unit: The property includes a comfortable 1-bed, 1-bath unit ideal for an owner-user or as additional rental income. Studio Apartment: A cozy studio apartment completes the current rental offerings, providing diversity in tenant options. Expansion Potential: With ample space on the lot, there's exciting potential to expand the property and add more units, maximizing the income potential. Don't miss out on this exceptional opportunity to own a lucrative income property with endless potential. Schedule a viewing today and unlock the possibilities! Buyer to verify SqFT & units
This coin-operated laundry is a thriving and lucrative business with a robust cash flow, well established for almost 40 years. Situated in a densely populated rental neighborhood with close proximity to Cal State University of LA, the laundromat enjoys excellent visibility in a high-traffic area. It offers easy access for customers and boasts ample parking space. The Laundry has approximately 3,400 square feet with 40 washers and 48 Dryers, in excellent working conditions offering different capacities to meet customer’s needs. The facility comes with a vending machine for drinks and snacks. The laundromat provides a stable income stream in a vibrant community. Don’t miss the chance to own this thriving business - contact us today to explore this fantastic investment opportunity.
Great Investment Opportunity. Mixed Use Property. Current use is a restaurant in the front and residential units but best and approved use is retail/store/offices. Run your business in the front and rent out the other office spaces. All units currently occupied. Seller will do his best to deliver vacant or get a discount if you take them occupied. Ample parking in the rear of the property. Seller is motivated.
The median home value in Los Angeles, CA is $603,300. This is lower than the county median home value of $796,100. The national median home value is $338,100. The average price of homes sold in Los Angeles, CA is $603,300. Approximately 32.7% of Los Angeles homes are owned, compared to 62.51% rented, while 4.8% are vacant. Los Angeles real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you see a property you’re interested in, contact a Los Angeles real estate agent to arrange a tour today!
Los Angeles, California 90063 has a population of 118,964. Los Angeles 90063 is less family-centric than the surrounding county with 30.41% of the households containing married families with children. The county average for households married with children is 30.99%.
The median household income in Los Angeles, California 90063 is $54,629. The median household income for the surrounding county is $76,367 compared to the national median of $69,021. The median age of people living in Los Angeles 90063 is 32.7 years.
The average high temperature in July is 85.7 degrees, with an average low temperature in January of 46.9 degrees. The average rainfall is approximately 15.3 inches per year, with 0 inches of snow per year.