Los Angeles, CA

“In investing, what is comfortable is rarely profitable.” – Robert Arnott

Los Angeles, CA

laundromat, commercial, front load
Status: Sold
ID: #1315
Price: $370,000
City: Los Angeles, CA
Area: Los Angeles

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  • BANK LOANS ARRANGED TO HELP YOU BUY

    In consideration of information furnished to me of the above places of business as being available for sale, I agree that should I buy or come into possession of any of the above places of business without dealing through your office, I agree to pay you, on demand, the commission which you would have received from the seller had I dealt or purchased through your office, which commission I understand is ten percent of the purchase price.

    I HAVE HAD NO PREVIOUS INFORMATION CONCERNING THE BUSINESSES ON THIS LIST IF I MAKE THE PURCHASE THROUGH YOUR OFFICE, I AM NOT LIABLE FOR ANY COMMISSION.
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  • Price: $370,000
  • Square Footage: 2407
  • Monthly Gross Income: 15,800
  • Net Income: 5,372
  • ROI: 17%
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Investment Overview

Clean, efficient laundromat business in heart of Los Angeles nearby Dodger Stadium.

  • Newer HE Front load equipment
  • Long Lease with good rent
  • Centrally located with little competition in area