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    6101 S Vermont Avenue

    Los Angeles (City), CA 90044
    • $1,100,000
    • STATUS: Active
    • ON SITE: 119 days
    • ID#: CV20099036
    UPDATED: 58 min ago
    $1,100,000
    • 0
      BEDS
    • 0.28
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    Type:
    Business Opportunity
    Built:
    1995
    County:

    School Ratings & Info

    Description

    Excellent opportunity! Real Estate and Newly remodeled Coin Laundry for Sale(Real estate also for sale see Listing CV20095142). Real Estate built in 1995 with one additional tenant. Corner property with private enclosed parking lot with two driveways on two different streets providing easy access. The property has approximately 14 parking spaces which is a rare commodity in properties in the area. Spacious and recently upgraded/remodeled coin Laundry(Approximately 3,103+/- s f with newer top of the line Dexter Express Line equipment (approximate cost invested in equipment upgrade of $480,000. The equipment was installed on December of 2017). The Express Line equipment helps in keeping utility costs down by using less electricity and gas. Dexter Express washer line spins at 200g-force to remove more water and also saving time in the dryer letting customers finish their laundry in record time and making these washers a clients favorite. Water filtration system & soap vending provides additional income.Upside to coin laundry:Extend business hours,Offer Fluff and Fold service,Room to increase price on wash,For hands on owner or manager may be able to increase sales,Real estate price is $2,295,000 (4.5% cap rate) and Coin Laundry $1,100,000 Total asking $3,395,000.Coin laundry can be sold separately but real estate must be purchase with business( Coin Laundry)."Do not speak to employees or mini market operator as they are not aware of the sale"

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    Based on information from California Regional Multiple Listing Service, Inc. as of 2020-10-24T09:29:40.59. 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 Wendy Rich-Soto and Associates | Keller Williams Realty, LA Harbor. Licensed in the State of California, USA.

    www.sellinglasouthbay.com/homes/107288162
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    6101 S Vermont Avenue Los Angeles (City), CA 90044

    • Price: $1,100,000
    • Status: Active
    • Updated: 58 min ago
    • ID#: CV20099036
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.28
    Acres
    1995
    Built
    Neighborhood:
    C34 - Los Angeles Southwest
    County:
    Los Angeles
    Area:
    C34 - Los Angeles Southwest
    Property Description
    Excellent opportunity! Real Estate and Newly remodeled Coin Laundry for Sale(Real estate also for sale see Listing CV20095142). Real Estate built in 1995 with one additional tenant. Corner property with private enclosed parking lot with two driveways on two different streets providing easy access. The property has approximately 14 parking spaces which is a rare commodity in properties in the area. Spacious and recently upgraded/remodeled coin Laundry(Approximately 3,103+/- s f with newer top of the line Dexter Express Line equipment (approximate cost invested in equipment upgrade of $480,000. The equipment was installed on December of 2017). The Express Line equipment helps in keeping utility costs down by using less electricity and gas. Dexter Express washer line spins at 200g-force to remove more water and also saving time in the dryer letting customers finish their laundry in record time and making these washers a clients favorite. Water filtration system & soap vending provides additional income.Upside to coin laundry:Extend business hours,Offer Fluff and Fold service,Room to increase price on wash,For hands on owner or manager may be able to increase sales,Real estate price is $2,295,000 (4.5% cap rate) and Coin Laundry $1,100,000 Total asking $3,395,000.Coin laundry can be sold separately but real estate must be purchase with business( Coin Laundry)."Do not speak to employees or mini market operator as they are not aware of the sale"
    Exterior Features

    Lot Size Source Assessor Lot Size Units Square Feet

    Property Features

    Additional Parcels YN No Building Area Units Square Feet Business Type Laundromat Country Us Leasable Area 3103.00 Leasable Area Units Square Feet Number Of Full Time Employees 4 Number Of Part Time Employees 0 Year Established 1995

    Listing provided courtesy of Rocio Barrera of Fortune Re And Investment, Inc


    Based on information from California Regional Multiple Listing Service, Inc. as of 2020-10-24T09:29:40.59. 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 Wendy Rich-Soto and Associates | Keller Williams Realty, LA Harbor. Licensed in the State of California, USA.

     
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    Wendy Rich-Soto and Associates | Keller Williams Realty, LA Harbor
    28901 S. Western Avenue #139
    Rancho Palos Verdes CA, 90731