1480 E 56th St - Freestanding FOR SALE


Los Angeles, CA 90011- Central Alameda
$1,749,000 USD
909-997-9765
1480 E 56th St, Los Angeles, CA for Sale
$1,749,000 USD
Freestanding - FOR SALE
1/23
null | Request Cap Rate

1480 E 56th St
Los Angeles, CA 90011
Central Alameda


HIGHLIGHTS

  • New Laundromat Construction (2025)
  • All Work Permitted By City/County of Los Angeles
  • New Roof, New Copper Plumbing, New Sewer Line, New Electrical w/LED Lighting - Zero/Minimal Maintenance Required!
  • HUGE Tax Advantages: 100% Bonus Depreciation & Cost Segregation (buyers/brokers to verify with their own advisors)
  • Strong Built-In Customer Base from Surrounding Residential / Apartments
  • State-of-the-Art Equipment: Washers & Dryers Programmable Tiered Pricing & Specials (With Warranty's), Industrial Navien Water System (4-boilers+tank)

OVERVIEW

Offered at $1,749,000 for the real estate + the business, this fully renovated laundromat presents a rare turnkey investment or owner-user opportunity in a high-density residential area. The property includes both the building and business, with modern upgrades throughout, including a new roof, copper plumbing, electrical with LED lighting, sewer line, gas line, parking, and state-of-the-art laundry equipment. All renovations were professionally completed and permitted by the City/County of Los Angeles, ensuring top-quality workmanship. The business features high-efficiency washers and dryers, a multi-unit industrial water system, and new water softening system, designed to maximize efficiency and minimize maintenance. Utilities are professionally installed, including copper water lines, gas lines, washer hoses, and dryer venting, reducing upfront operational costs. The programmable equipment allows for tiered pricing, time-of-day specials, and utility savings, providing immediate profitability for new ownership. Potential for huge tax incentives utilizing 100% bonus depreciation and cost segregation (buyers and agents/brokers to verify with their own independent advisors). Located in a densely populated area surrounded by residential units and apartment complexes, the laundromat benefits from a strong, built-in customer base. This property is ideal for investors seeking immediate cash flow or an owner-operator looking for a modern, turnkey operation in a prime Los Angeles location.

FOR SALE DETAILS

PRICE

$1,749,000 USD

PRICE/SF

$875 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

New Laundromat(Real Estate + Business)

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Freestanding

ADD'L SUBTYPES

Storefront

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1965

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.11 AC

LAND SF

4,792 SF

ZONING

LAC2

APN/PARCEL ID

5104-021-002

ASK ABOUT THIS PROPERTY

Matthew GuerraKW CommercialMore Info
909-997-9765

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Matthew GuerraKW CommercialMore Info
909-997-9765

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