Property Detail

515 Mednik

East Los Angeles CA 90022

$480,000

Status: Active

Property Details

Description

Opportunity in East Los Angeles commercial real estate. Located at 515 N Mednik Ave., East Los Angeles, this property presents a rare chance for investors and business owners seeking land and commercial space in a growing LA market. The property includes an approximate 2,000 square foot commercial building and a 2 bed, 1 bath residential home of about 1,000 square feet on a 4,024 square foot lot. With both commercial and residential structures on site, the possibilities are extensive depending on your goals. You could reimagine the current structures, expand the space, or demolish and build a brand-new commercial concept. The location makes it suitable for many types of businesses including a restaurant, boutique retail shop, gym, laundromat, professional office, or community-focused business. For entrepreneurs looking for flexibility, this property could function as an owner-user investment where you run a business up front and live on the property. East LA’s continued development and business growth make this an appealing opportunity for those seeking long-term value.

Map Location

Stowell & Associates

Stowell & Associates

CA DRE# 01397481
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