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$ 6,950,000
Est. payment /mo
Active
10601 S Vermont Los Angeles, CA 90044
5,000 SqFt
UPDATED:
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
© 2025 BEAR, CCAR, bridgeMLS. This information is deemed reliable but not verified or guaranteed. This information is being provided by the Bay East MLS or Contra Costa MLS or bridgeMLS. The listings presented here may or may not be listed by the Broker/Agent operating this website.
Listed by Richard Kim • Coldwell Banker Best Realty