Los Angeles, CA 90011,1480 E 56th
Los Angeles, CA 90011,1480 E 56th
Los Angeles, CA 90011,1480 E 56th
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The Warburton Team Brokered By EXp

The Warburton Team Brokered By EXp

+1(626) 630-2141
$1,749,000
Est. payment /mo
4,713 Sqft Lot
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UPDATED:

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.

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

Read Less Info
CRMLS – RECore
Listed by Matthew Guerra KW Executive 909-997-9765

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