5127 Whittier East Los Angeles, CA 90022, East Los Angeles , 90022
Listing ID: GD23061602
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$395,000
Price
4700
Sq. Ft.
Listed: 1 year ago
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Property Description

This is a great opportunity to invest in a highly attractive coin-operated laundromat business located in a prime location. The business occupies 4,700 sqft and is equipped with 48 washers and 72 dryers, including 8 washers that can handle 14 lbs, 10 washers that can handle 30 lbs, 14 washers that can handle 40 lbs, 10 washers that can handle 55 lbs, 4 washers that can handle 75 lbs, and 2 washers that can handle 90 lbs. The business operates from 5 am to 12 am on Monday-Thursday, and from 5 am to 1 am on Friday-Sunday. This laundromat is not only attractive but also features additional amenities such as 4 arcade games, a water station, an ATM machine, and snack/supply vending machines. The business also has a 16-channel camera system with 6 channels currently in use. The water filter in the office is used for the seller-owned water station and is replaced twice a year. The interior and exterior of the laundromat have been fully painted, one of the boilers has been replaced, the interior ramp has been redone, and LED lighting has been added inside and outside. This business has 6+ parking spots. The parking lot is shared with 3 other businesses, but parking has never been an issue due to the first-come, first-serve policy. Overall, this is an excellent investment opportunity with great potential. **Seller Financing Available**

Other located at 5127 Whittier East Los Angeles, CA 90022. 5127 Whittier East Los Angeles, CA 90022 is in the East Los Angeles neighborhood.
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Listed by: JohnHart Real Estate

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20% down payment
$1,384
per month
35% down payment
$1,124
per month
50% down payment
$865
per month

Estimated mortgage based on 2.7% on a 30 year amortization based on some lenders

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HA
Henrik Alaverdyan
(818) 246-1099

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HA
Henrik Alaverdyan
(818) 246-1099
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$3,703.37
Monthly
$878,400
Total Mortgage
$219,600
Down Payment