5127 Whittier Boulevard, East Los Angeles, CA 90022
Business
Sold March 2024
Listing Agent: Henrik Alaverdyan (DRE #01874911) · Listing Office: JohnHart Real Estate · Contact: 818-731-4649 · Bought with: Henrik Alaverdyan · JohnHart Real Estate · MLS #GD23061602 · Source: CRMLS
About this business
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**
Listing description from the March 2024 sale, as reported to CRMLS.
Sale history