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515 N Mednik AVE East Los Angeles, CA 90022
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Key Details
Sold Price $525,000
Property Type Commercial
Sub Type Mixed Use
Listing Status Sold
Purchase Type For Sale
MLS Listing ID PW26054740
Sold Date 04/07/26
HOA Y/N No
Year Built 1928
Lot Size 4,024 Sqft
Property Sub-Type Mixed Use
Property 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.
Location
State CA
County Los Angeles
Area Ela - East Los Angeles
Interior
Fireplace No
Laundry See Remarks
Building
Lot Description Level
Story 1
Water Public
Others
Tax ID 5235018045
Financing Cash
Special Listing Condition Standard
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Bought with Rick Lee Real Broker

