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5127 Whittier Boulevard

East Los Angeles, CA 90022
  • $337,500
  • STATUS: Closed
  • ON SITE: 524 Days
  • MLS #: GD23061602
Sold - 03/22/2024
$337,500
SOLD - 03/22/2024
  • 0
    BEDS
  • N/A
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Business Opportunity
County:

School Ratings & Info

Listing Agent(s): Henrik Alaverdyan of JohnHart Real Estate (818-246-1099)


Description

This is a great opportunity to invest in a highly attractive coin-operated laundromat business located in a prime location. The business occupies 4,700 sqft and is equipped with 48 washers and 72 dryers, including 8 washers that can handle 14 lbs, 10 washers that can handle 30 lbs, 14 washers that can handle 40 lbs, 10 washers that can handle 55 lbs, 4 washers that can handle 75 lbs, and 2 washers that can handle 90 lbs. The business operates from 5 am to 12 am on Monday-Thursday, and from 5 am to 1 am on Friday-Sunday. This laundromat is not only attractive but also features additional amenities such as 4 arcade games, a water station, an ATM machine, and snack/supply vending machines. The business also has a 16-channel camera system with 6 channels currently in use. The water filter in the office is used for the seller-owned water station and is replaced twice a year. The interior and exterior of the laundromat have been fully painted, one of the boilers has been replaced, the interior ramp has been redone, and LED lighting has been added inside and outside. This business has 6+ parking spots. The parking lot is shared with 3 other businesses, but parking has never been an issue due to the first-come, first-serve policy. Overall, this is an excellent investment opportunity with great potential. **Seller Financing Available**

Sold by Henrik Alaverdyan of JohnHart Real Estate.

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Based on information from California Regional Multiple Listing Service, Inc. as of 2024-09-19T23:32:32.91. 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 Desert Area Homes For Sale | Premier Properties. Licensed in the State of California, USA.
www.desertareahomesforsale.com/homes/138584828
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5127 Whittier Boulevard East Los Angeles, CA 90022

  • Price: $395,000
  • Status: Closed
  • On Site: 524 Days
  • Updated: 67 min ago
  • MLS #: GD23061602
0
Beds
0
Baths
0
½ Baths
N/A
Acres
Neighborhood:
ELA - East Los Angeles
County:
Los Angeles
Area:
ELA - East Los Angeles
Property Description
This is a great opportunity to invest in a highly attractive coin-operated laundromat business located in a prime location. The business occupies 4,700 sqft and is equipped with 48 washers and 72 dryers, including 8 washers that can handle 14 lbs, 10 washers that can handle 30 lbs, 14 washers that can handle 40 lbs, 10 washers that can handle 55 lbs, 4 washers that can handle 75 lbs, and 2 washers that can handle 90 lbs. The business operates from 5 am to 12 am on Monday-Thursday, and from 5 am to 1 am on Friday-Sunday. This laundromat is not only attractive but also features additional amenities such as 4 arcade games, a water station, an ATM machine, and snack/supply vending machines. The business also has a 16-channel camera system with 6 channels currently in use. The water filter in the office is used for the seller-owned water station and is replaced twice a year. The interior and exterior of the laundromat have been fully painted, one of the boilers has been replaced, the interior ramp has been redone, and LED lighting has been added inside and outside. This business has 6+ parking spots. The parking lot is shared with 3 other businesses, but parking has never been an issue due to the first-come, first-serve policy. Overall, this is an excellent investment opportunity with great potential. **Seller Financing Available**
Exterior Features

Parking Total 6

Property Features

Additional Parcels YN No Business Name Sparkling Clean Laundry Business Type Laundromat Buyer Financing Conventional Leasable Area 4700 Lease Renewal Option YN Yes Listing Agreement Exclusive Right To Sell Listing Terms CashCash to New LoanConventional Operating Expense 22500 Total Actual Rent 9978.07



Based on information from California Regional Multiple Listing Service, Inc. as of 2024-09-19T23:32:32.91. 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 Desert Area Homes For Sale | Premier Properties. Licensed in the State of California, USA.
 
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Desert Area Homes For Sale | Premier Properties
78115 Calle Estado #104
La Quinta CA, 92253
Listing Agent(s): Henrik Alaverdyan of JohnHart Real Estate (818-246-1099)