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    1687 N Eastern Avenue

    East Los Angeles, CA 90063
    • $180,000
    • STATUS: Active
    • ON SITE: 54 days
    • ID#: WS21126419
    $180,000
    • 0
      BEDS
    • 0.39
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    Neighborhood:
    Type:
    Business Opportunity
    Built:
    1986
    County:

    School Ratings & Info

    Description

    Partially remodeled 2250 sqft coin laundry minutes away from Cal State LA. Business includes 10 brand new 30# stacked dryers, 1 brand new 45# stacked dryer, 7 brand new Speed Queen 4 load front loaders, 2 SQ 4 load front loaders, 2 brand new SQ 6 load front loaders, 7 SQ 3 load front loaders, 10 SQ 2 load front loaders, 16 top loaders, 13 SQ stacked dryers, 10 laundry carts, 2 video games, 1 Rowe Changer, 1 soap vending machine, and 1 standard changer. There are 20 non-assigned parking spaces. Owner spent $150k in new equipment, and $35k remodeling the store. Laundry shares the same plaza as Granny's Donuts, Baskin Robbins, Vap Smoke Shop, etc. Conveniently located next to the 10 Freeway. 1 year left on the lease with a 10 year option.

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    Based on information from California Regional Multiple Listing Service, Inc. as of 2021-08-05T00:27:25.25. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or RE/MAX Masters. Licensed in the State of California, USA.
    www.bestlahomefinder.com/homes/118134881
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    1687 N Eastern Avenue East Los Angeles, CA 90063

    • Price: $180,000
    • Status: Active
    • ID#: WS21126419
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.39
    Acres
    1986
    Built
    Neighborhood:
    ELA - East Los Angeles
    County:
    Los Angeles
    Area:
    ELA - East Los Angeles
    Property Description
    Partially remodeled 2250 sqft coin laundry minutes away from Cal State LA. Business includes 10 brand new 30# stacked dryers, 1 brand new 45# stacked dryer, 7 brand new Speed Queen 4 load front loaders, 2 SQ 4 load front loaders, 2 brand new SQ 6 load front loaders, 7 SQ 3 load front loaders, 10 SQ 2 load front loaders, 16 top loaders, 13 SQ stacked dryers, 10 laundry carts, 2 video games, 1 Rowe Changer, 1 soap vending machine, and 1 standard changer. There are 20 non-assigned parking spaces. Owner spent $150k in new equipment, and $35k remodeling the store. Laundry shares the same plaza as Granny's Donuts, Baskin Robbins, Vap Smoke Shop, etc. Conveniently located next to the 10 Freeway. 1 year left on the lease with a 10 year option.
    Exterior Features

    Sign On Property YN No

    Interior Features

    Building Features Tv System

    Property Features

    Additional Parcels YN No Building Name Launderland Coin Op Laundry Business Name Launderland Coin Op Laundry Business Type Laundromat Leasable Area 2250 Lease Assignable YN Yes Lease Renewal Option YN Yes Listing Agreement Exclusive Right To Sell Listing Service Full Service Listing Terms Cash Operating Expense 119760 Total Actual Rent 5100

    Listing provided courtesy of Christine Cheng of Keller Williams Signature Rlty


    Based on information from California Regional Multiple Listing Service, Inc. as of 2021-08-05T00:27:25.25. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or RE/MAX Masters. Licensed in the State of California, USA.
     
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