10601 S Vermont Los Angeles, CA 90044
Other
MLS #: PW25223669
Courtesy Of Coldwell Banker Best Realty
Property InformationDescription
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.
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.
Features
- Age: 6-10 Years Old
- Architecture Style: Other
- MLSID: PW25223669
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