10601 S Vermont Ave - Freestanding FOR SALE


Los Angeles, CA 90044- Westmont
$7,500,000 USD
949-330-0167
10601 S Vermont Ave, Los Angeles, CA for Sale
$7,500,000 USD
Freestanding - FOR SALE
1/23
null | 8.5% Cap Rate

NEW


10601 S Vermont Ave
Los Angeles, CA 90044
Westmont


HIGHLIGHTS

  • Coin Laundry and car wash with property for sale!

OVERVIEW

Built in 2018, this 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 $7,500,000. The investment provides an attractive 8.5% 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.

FOR SALE DETAILS

PRICE

$7,500,000 USD

PRICE/SF

$1,316 USD /SF

CAP RATE

8.5%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Freestanding

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2018

SPRINKLERS

-

PARKING SPACES

23

LAND DETAILS

LAND ACRES

0.49 AC

LAND SF

21,344 SF

ZONING

LCC3

APN/PARCEL ID

6060-016-027

ASK ABOUT THIS PROPERTY

Richard KimColdwell Banker Best RealtyMore Info
949-330-0167

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Richard KimColdwell Banker Best RealtyMore Info
949-330-0167

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.