8420 S San Pedro Street

    Los Angeles (City), CA 90003
    • $425,000
    • STATUS: Active
    • ON SITE: 470 days
    • ID#: WS18157020
    UPDATED: 21 min ago
    $425,000
    • 0
      BEDS
    • N/A
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    Type:
    Business Opportunity
    Built:
    1972
    County:

    School Ratings & Info

    Description

    Well established and fully attended Coin laundry located in the heart of Los Angeles. Surrounded by apartments, this laundry sits on a corner lot, sharing the plaza with a market and zumba dance studio. Laundry features Speed Queen, Milnor, and Wascomat washers, along with Dexter stack dryers. With 3 changers, 1 soda vending machine, 1 snack vending machine, 1 shared crane vending, a water store, a mini market, and 3 Video Games, this laundry offers a variety of amenities. Extremely low monthly rent, with 15 year brand lease and one 10 year option. New flooring, folding tables, and lounge. Includes Surveillance Camera system and Alarm system.

    Monthly Payment Calculator



    Based on information from California Regional Multiple Listing Service, Inc. as of 2019-10-14T23:32:26.113. 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 deemed reliable but is not guaranteed accurate by the MLS or J1 REALTY GROUP. Licensed in the State of California, USA.
    www.j1re.com/homes/85195349

    8420 S San Pedro Street Los Angeles (City), CA 90003

    • Price: $425,000
    • Status: Active
    • Updated: 21 min ago
    • ID#: WS18157020
    0
    Beds
    0
    Baths
    0
    ½ Baths
    N/A
    Acres
    1972
    Built
    Neighborhood:
    C34 - Los Angeles Southwest
    County:
    Los Angeles
    Area:
    C34 - Los Angeles Southwest
    Property Description
    Well established and fully attended Coin laundry located in the heart of Los Angeles. Surrounded by apartments, this laundry sits on a corner lot, sharing the plaza with a market and zumba dance studio. Laundry features Speed Queen, Milnor, and Wascomat washers, along with Dexter stack dryers. With 3 changers, 1 soda vending machine, 1 snack vending machine, 1 shared crane vending, a water store, a mini market, and 3 Video Games, this laundry offers a variety of amenities. Extremely low monthly rent, with 15 year brand lease and one 10 year option. New flooring, folding tables, and lounge. Includes Surveillance Camera system and Alarm system.
    Exterior Features

    Parking Total 10.00

    Interior Features

    Building Features Rec RoomTv System Seating Capacity 10

    Property Features

    Accounting Type Actual Additional Parcels YN No Building Area Units Square Feet Business Type Laundromat Country Us Equipment Expense 0.00 Gross Operating Income 276000.00 Hours Owner Works 5 Leasable Area 4000.00 Leasable Area Units Square Feet Lease Renewal Option YN Yes Monthly NNN 475 Net Profit 83352 Number Of Full Time Employees 2 Number Of Part Time Employees 2 Operating Expense 192648.00 Professional Management Expense 0.00 Reason For Selling New Career Total Actual Rent 3500.00 Year Built Source Public Records Year Established 2001 Years Current Owner 2

    Listing provided courtesy of Christine Cheng of Kw Executive


    Based on information from California Regional Multiple Listing Service, Inc. as of 2019-10-14T23:32:26.113. 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 deemed reliable but is not guaranteed accurate by the MLS or J1 REALTY GROUP. Licensed in the State of California, USA.
     
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