CA > Los Angeles
Los Angeles, CA 90044,10601 10601 S Vermont
Los Angeles, CA 90044,10601 10601 S Vermont
Los Angeles, CA 90044,10601 10601 S Vermont
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The Warburton Team Brokered By EXp

The Warburton Team Brokered By EXp

+1(626) 630-2141
$7,500,000
Est. payment /mo
0.49 Acres Lot
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UPDATED:

Key Details

Property Type Commercial

Sub Type Business

Listing Status Active

Purchase Type For Sale

MLS Listing ID PW25223669

HOA Y/N No

Year Built 2018

Lot Size 0.490 Acres

Property Sub-Type Business

Property Description

Built in 2018, this 5,700 SF retail property presents an outstanding investment opportunity, featuring two synergistic, recession-resistant businesses: a coin car wash and a coin laundry. With gross annual sales ranging from $1.1 million to $1.3 million, the property offers strong and stable revenue performance.

The sale includes both the real estate and operating businesses, offered at an asking price of $7,500,000. The investment provides an attractive 8.5% capitalization rate. The property is equipped with modern, well-maintained equipment and benefits from a long-standing, well-established anchor business, further enhancing its stability and appeal.

Location

State CA

County Los Angeles

Area Wla - West Los Angeles

Zoning LCC3

Interior

Fireplace No

Laundry Electric Dryer Hookup, Gas Dryer Hookup

Building

Lot Description 0-1 Unit/Acre

Story 1

Water Public

Others

Tax ID 6060016027

Acceptable Financing Cash to New Loan, Conventional

Listing Terms Cash to New Loan, Conventional

Special Listing Condition Standard

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CRMLS – RECore
Listed by Richard Kim Coldwell Banker Best Realty realtor.richinfo@gmail.com

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