3009 3015 Wabash, Los Angeles, CA 90063

$1,470,070

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List Price
$1,470,070
Status
ACTIVE
MLS#
CV26203971
Year Built
1923
Lot Size
9,341
Acres
0.21
Lot Location
16-20 Units/Acre, 21-25 Units/Acre
Days on Market
1
Property Type
Commercial
Property Sub Type
Retail

Property Description

Owner-user and mixed-use development opportunity in Boyle Heights. 3009–3015 Wabash Avenue consists of approximately 3,850 SF of commercial improvements on approximately 9,341 SF of land. The property is zoned [LM3-G2-3][CX5-8][CPIO], supporting residential and neighborhood-serving commercial uses. All three storefront tenants are currently month-to-month, providing ownership flexibility to deliver the commercial building vacant at close of escrow. The property is also subject to an existing Lamar Advertising billboard lease; Lamar has advised that the current term extends through December 31, 2029. Buyer to independently review and verify the billboard lease and all development rights. Located directly across from a new 55-unit residential development. Asking price: $1,470,700, approximately $382/SF.

Additional Information

Water
Public
Attached Structure
Detached
Number Of Units Total
9036

Listing courtesy of Listing Agent: Eric Chavez (Eric@CAREBF.com) from Listing Office: CAREBF INC.

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Calculator source: Real Geeks

Based on information from California Regional Multiple Listing Service, Inc. as of . 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 usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.