S Main St. - Freestanding FOR SALE


Los Angeles, CA 90003- Canndu/Avalon Gardens
$5,650,000 USD
213-785-4459
S Main St., Los Angeles, CA for Sale
$5,650,000 USD
Freestanding - FOR SALE
1/3
null | Request Cap Rate

S Main St.
Los Angeles, CA 90003
Canndu/Avalon Gardens


OVERVIEW

Stand-Alone Commercial Property – Signalized Corner Location Stand-alone commercial property located at a signalized intersection, offering excellent visibility and consistent daily traffic exposure. The site features a single-story building with approximately 5,141 SF of gross leasable area, situated on a 12,408 SF lot, providing an efficient layout for customer access, parking functionality, and high-utility commercial operations. Constructed in 2016, the building is in good operating condition and designed for flexible commercial use. The property is well suited for a coin laundromat, restaurant support use, or other neighborhood-serving retail businesses permitted under C2 zoning. The single-story configuration provides full operational efficiency, utilizing the entire 5,141 SF floor plate with minimal wasted space, maximizing revenue-generating square footage. The location benefits from a dense surrounding residential population, driving consistent foot traffic and repeat customer demand. Price Adjustment – Strong Opportunity The asking price has been adjusted downward by $100,000, creating an attractive opportunity for both owner-users and investors seeking a well-located commercial asset with long-term upside. This property can be particularly strategic for restaurant operators or other high cash-flow businesses looking to diversify income streams, hedge taxable income, and generate additional recurring cash flow through a complementary business such as a laundromat. ? Property Highlights • Approx. 5,141 SF building • 12,408 SF land area • Built in 2016 modern construction • Single-story commercial structure • C2 zoning – flexible commercial use • High-visibility corner location • Strong surrounding residential density ? Tax Advantage – 2026 Coin Laundromat Purchase Section 179 & Bonus Depreciation Opportunity Buyers acquiring this coin laundromat in 2026 may benefit from accelerated depreciation provisions preserved under the Big Beautiful Bill, which maintain and enhance Section 179 and bonus depreciation treatment for qualifying equipment. Commercial laundry equipment generally qualifies as tangible personal property, allowing a significant portion of the equipment cost to be expensed in the first year rather than depreciated over a long schedule. Potential benefits include: • Significant first-year tax write-offs • Improved after-tax cash flow • Lower effective acquisition cost • Strong tax planning strategy for high-income restaurant operators or business owners

FOR SALE DETAILS

PRICE

$5,650,000 USD

PRICE/SF

$1,099 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Owner User

BUILDING DETAILS

PROPERTY NAME

Sount Main St. Coin Laundromat

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Freestanding

ADD'L SUBTYPES

Storefront, Service, undefined

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2016

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.28 AC

LAND SF

12,408 SF

ZONING

C2

APN/PARCEL ID

6031-007-039

ASK ABOUT THIS PROPERTY

Young KimHana Realty & InvestmentsMore Info
213-785-4459

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Young KimHana Realty & InvestmentsMore Info
213-785-4459

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