27
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$1,749,000
Est. payment /mo
4,713 Sqft Lot
New
1480 E 56th Los Angeles, CA 90011
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Key Details
Property Type Commercial
Sub Type Retail
Listing Status Active
Purchase Type For Sale
MLS Listing ID AR26001544
HOA Y/N No
Year Built 1965
Lot Size 4,713 Sqft
Property Sub-Type Retail
Property Description
Offered at $1,749,000, this BRAND NEW laundromat presents a rare turnkey investment opportunity in a high-density location. The property includes both the building and business, with modern upgrades throughout, including brand new roof, plumbing, electrical with LED lighting, sewer line, parking, and state-of-the-art laundry equipment (with full warranty). All renovations were professionally completed and permitted by the City/County of Los Angeles, ensuring top-quality workmanship.
The business features high-efficiency washers and dryers, a new water softening system, and a multi-unit industrial water heater system designed to maximize efficiency and minimize maintenance. Utilities are professionally installed, including copper water lines, gas lines, washer hoses, and dryer venting, reducing upfront operational costs. The programmable equipment allows for tiered pricing, time-of-day specials, and utility savings, providing immediate profitability for new ownership.
Located in a densely populated area surrounded by apartment complexes, the laundromat benefits from a strong, built-in customer base. This property is ideal for investors seeking immediate cash flow or an owner-operator looking for a modern, turnkey operation in a prime Los Angeles location.
The business features high-efficiency washers and dryers, a new water softening system, and a multi-unit industrial water heater system designed to maximize efficiency and minimize maintenance. Utilities are professionally installed, including copper water lines, gas lines, washer hoses, and dryer venting, reducing upfront operational costs. The programmable equipment allows for tiered pricing, time-of-day specials, and utility savings, providing immediate profitability for new ownership.
Located in a densely populated area surrounded by apartment complexes, the laundromat benefits from a strong, built-in customer base. This property is ideal for investors seeking immediate cash flow or an owner-operator looking for a modern, turnkey operation in a prime Los Angeles location.
Location
State CA
County Los Angeles
Area 699 - Not Defined
Interior
Fireplace No
Appliance Dryer, Washer
Laundry Common Area, Washer Hookup, Electric Dryer Hookup, Gas Dryer Hookup, Inside, Laundry Room, See Remarks, Stacked
Building
Lot Description 0-1 Unit/Acre, Rectangular Lot
Story 1
Water Public, See Remarks
Others
Tax ID 5104021002
Acceptable Financing Cash, Cash to New Loan, Conventional, 1031 Exchange, Owner May Carry, Submit
Listing Terms Cash, Cash to New Loan, Conventional, 1031 Exchange, Owner May Carry, Submit
Special Listing Condition Standard
Listed by Matthew Guerra KW Executive 909-997-9765
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