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Puerta de Wabash (The Wabash Gateway) 3009 Wabash Ave 3,850 SF Retail Building Los Angeles, CA 90063 $1,108,800 ($288/SF)

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INVESTMENT HIGHLIGHTS

  • Capitalize on Boyle Heights’ Growth.
  • High-Visibility Commercial Hub.
  • Occupy or Reposition Immediately.
  • Visionary Land Assemblage Potential - potential to create a 28,907 square foot, corner-to-corner project.

EXECUTIVE SUMMARY

CAREBF | eXp Commercial is pleased to present. Puerta de Wabash (The Wabash Gateway), a unique commercial property located at 3009 Wabash Avenue in the heart of Boyle Heights, Los Angeles. Positioned for significant growth, the offering includes a 3,850 SF building on a substantial 9,338 SF lot, providing a blank canvas for a visionary owner-user or developer. With tenants on flexible month-to-month leases, the property offers a clear path to capitalize on the area's unstoppable momentum, driven by new development and a vibrant local economy.
Capitalize on Boyle Heights’ Growth: Seize a rare redevelopment opportunity on a 9,338 SF C2-zoned, Tier 1 T.O.C. lot directly across from a new 4-story, 55-unit apartment community. The site offers clear potential for a future mixed-use or residential project of up to 25 units.
Unmatched Owner-User Flexibility: This is an ideal opportunity for a business to control its future. All retail tenants are on flexible month-to-month leases, allowing for quick occupancy. Functionality is significantly enhanced by a rare, recorded easement providing direct rear access from N Evergreen Avenue for private parking and deliveries.
Visionary Land Assemblage Potential: Unlock unmatched scale by exploring the potential for a long-term land assemblage of the entire block. This 9,338 SF parcel can serve as the key cornerstone for a master-planned development, allowing a developer to control a significant footprint in this rapidly densifying neighborhood.

DATA ROOM Click Here to Access

TAXES & OPERATING EXPENSES (ACTUAL - 2025) Click Here to Access

ANNUAL ANNUAL PER SF
Taxes - -
Operating Expenses - -

TAXES & OPERATING EXPENSES (ACTUAL - 2025) Click Here to Access

Taxes
Annual -
Annual Per SF -
Operating Expenses
Annual -
Annual Per SF -
Total Expenses
Annual $99,999
Annual Per SF $9.99

PROPERTY FACTS

Sale Type
Owner User
Sale Conditions
1031 Exchange
Property Type
Retail
Property Subtype
Storefront
Building Size
3,850 SF
Building Class
C
Year Built/Renovated
1923/1928
Price
$1,108,800
Price Per SF
$288
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.42
Lot Size
0.21 AC
Zoning
C2
Frontage
70’ on Wabash Ave

AMENITIES

  • Signage
  • Signalized Intersection
Walk Score®
Very Walkable (83)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®

NEARBY MAJOR RETAILERS

Starbucks
Bank of America
First City Credit Union
King Taco Restaurant Inc
Superior Grocers
Food 4 Less
U.S. Bank
Chase Bank
Yoshinoya
Citi

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
5229-029-017
Land Assessment
$214,361
Improvements Assessment
$101,427
Total Assessment
$315,788
  • Listing ID: 37317697

  • Date on Market: 8/18/2025

  • Last Updated:

  • Address: 3009 Wabash Ave, Los Angeles, CA 90063

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