Los Angeles, CA 90044,10601 S Vermont
Los Angeles, CA 90044,10601 S Vermont
Los Angeles, CA 90044,10601 S Vermont
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$6,950,000
Est. payment /mo
5,000 SqFt
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Key Details

Property Type Commercial

Sub Type Comm Ind For Sale

Listing Status Active

Purchase Type For Sale

Square Footage 5,000 sqft

Price per Sqft $1,390

MLS Listing ID CRPW25223669

HOA Y/N No

Year Built 2018

Lot Size 0.490 Acres

Acres 0.49

Property Sub-Type Comm Ind For Sale

Property Description

Built in 2018, this 5,000-5,700 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 $6,950,000. The investment provides an attractive 9.17% 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

Zoning LCC3

Interior

Fireplace No

Building

New Construction No

Others

Tax ID 6060016027


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Bridge MLS
Listed by Richard Kim • Coldwell Banker Best Realty
Jaret & Kristi Ghent

_Our #1 priority is to find and attract mastery-based agents to partner with, protect our culture, and support our clients needs and desires."

 

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10601 S Vermont