515 N Mednik Avenue, East Los Angeles, CA 90022

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Sold Price
$525,000
List Price
$480,000
Closing Date
Apr 07, 2026
Status
CLOSED
MLS#
PW26054740
Year Built
1928
Lot Size
4,024
Acres
0.09
Lot Location
Level
Days on Market
27
Property Type
Commercial
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.

Additional Information

Water
Public
Attached Structure
Detached

Listing courtesy of Listing Agent: Rick Lee (rickjleehomes@gmail.com) from Listing Office: Real Broker.

Listing sold by Rick Lee from Real Broker

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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.