3040 Wabash, Los Angeles, California 90063, Los Angeles, 90063 - 0 bed, 0 bath
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Los Angeles, California 90063
Analysis of 3040 Wabash, Los Angeles, California 90063 is currently available with a list price of $800,000. The property maintains a Poor Condition Rating (30/100), indicating the property requires renovation and updates to maximize its market potential. This presents opportunities for value-add investors. Located in a high-demand neighborhood within the Los Angeles Unified School District, this asset is categorized as a low-risk, high-reward acquisition suitable for Experienced Investors and Fix-and-Flip Specialists.
Property is extensive renovation needed.
Built in 1924, this 100-year-old mixed-use property shows no evidence of recent residential renovations. The interior consists of a dated commercial bakery setup with aged prep areas, an old walk-in cooler, and worn exterior stucco, indicating a need for a full rehab of all systems and living spaces.
The property's mixed-use designation provides unique flexibility for investors or owner-users to combine residential living with commercial or creative business opportunities in a high-demand area.
With 1,965 square feet of interior space on a 5,200 square foot lot, this property offers a significantly larger footprint than many standard homes in the neighborhood, allowing for comfortable multi-generational living.
The home is ideally located within walking distance of multiple educational facilities, including Malabar Street and Evergreen Avenue Elementary schools, both situated less than 0.3 miles away.
Built in 1924, the property likely requires significant modernization of its core systems, such as electrical, plumbing, and foundation, to meet contemporary building standards.
The $800,000 list price represents a high entry point for the Boyle Heights market, which may limit the buyer pool given the potential for additional renovation costs associated with a historic structure.
GREAT MIX-USE COMBO IN THE HEART OF "BOYLE HEIGHTS" NEIGHBORHOOD IN LOS ANGELES BETWEEN BROKLYN HEIGHTS & BOSTON HEIGHTS ... TWO DETACHED BUILDINGS approximately 1,965 Square Feet total ... LIVE IN THE REAR Three-Bedroom, One Bathroom Unit gated with a private driveway, parking possibly 3-4 cars (Currently Tenant Occupied) and your very own Business in the Front Unit (Currently a Bakery) Both units are MONTH-TO-MONTH. PROPERTY IS ZONED "LAC2" County Land/Universal use Stores & Residential. CHARACTERICS OF THE PROPERTY; Bakery/Store with 950 Sqft. (Includes all equipment and machinery providing turnkey business. The Rear Residential Unit with 1,015 Sqft of Living Space with a LOT SIZE OF 5,200 Sqft. YEAR BUILT 1924. Permitted uses: Residential, commercial, industrial, or agricultural activities allowed on the property. Its proximity to major highways (I-5, I-10, and US-101) and public transportation.
No exterior & parking available.
Grades K-6 • 0.3 mi
Grades K-6 • 0.3 mi
Grades K-6 • 0.5 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 0.0 | 0.0 |
| Baths | 0.0 | 1.0 |
| Square foot | 1,965 | 2,864 |
| Lot Size | 5,200 | 7,003 |
| Price | $800.0K | $1.58M |
| Price per sq ft | $407 | $319 |
| Built year | 1924 | 1929 |
| HOA | $0 | $907 |
| Days on market | 27 | 91 |
Jun 25, 2026
$800,000
Initial Listing
Nov 22, 1966
$18,000
Public Record