www.crexi.com - The Commercial Real Estate Exchange
Subscribe to Intelligence for full access
Analyze more property details including ownership and financial history. Share advanced property insights with your clients and teams.
Subscribe to Intelligence for full access
Analyze more property details including ownership and financial history. Share advanced property insights with your clients and teams.
28291704
28291714

1480 56th St, Los Angeles, CA 90011

MG
CA CA 02022646
Principle Quality Investments
Listed by Principle Quality Investments
$1,749,000
198 days on market
Updated 83 days ago

Brand New Laundromat (Real Estate + Business)

Details
APN 5104-021-002
Property Type Business for Sale, Retail (+1)
Sub Type Storefront
Square Footage 2,000
Net Rentable (SqFt) 2,000
Units 1
Price per SqFt $875
Broker Co-Op Yes
Class C
Year Built 1965
Year Renovated 2025
Buildings 1
Stories 1
Lot Size (SqFt) 4,712
Zoning LAC2
Investment Type Stabilized
Ownership 100%

Owner User Opportunity - Brand New Renovated Laundromat

Marketing description

Offered at $1,749,000, this fully renovated laundromat presents a rare turnkey investment or owner-user opportunity in a high-density residential area. The property includes both the building and business, with modern upgrades throughout, including a new roof, plumbing, electrical with LED lighting, sewer line, parking, and state-of-the-art laundry equipment. All renovations were professionally completed and permitted by the City/County of Los Angeles, ensuring top-quality workmanship.

The business features high-efficiency washers and dryers, a new water softening system, and a multi-unit industrial water heater system designed to maximize efficiency and minimize maintenance. Utilities are professionally installed, including copper water lines, gas lines, washer hoses, and dryer venting, reducing upfront operational costs. The programmable equipment allows for tiered pricing, time-of-day specials, and utility savings, providing immediate profitability for new ownership.

Located in a densely populated area surrounded by apartment complexes, the laundromat benefits from a strong, built-in customer base. This property is ideal for investors seeking immediate cash flow or an owner-operator looking for a modern, turnkey operation in a prime Los Angeles location.

Investment highlights

  • Turnkey Laundromat with Building + Business

  • Fully Renovated with New Roof, Plumbing, Electrical & Parking

  • State-of-the-Art Washers & Dryers with Programmable Features

  • High-Efficiency Multi-Unit Water Heater System

  • New Water Softening System & Professionally Installed Utilities

  • Minimal Maintenance Required – Ready for Immediate Operation

  • Strong Built-In Customer Base from Surrounding Apartments

  • HUGE Tax Advantages: Bonus Depreciation & Cost Segregation

  • Prime Los Angeles Location in a High-Density Residential Area

  • Ideal Owner-User or Cash-Flowing Investment Opportunity

Listing Contacts

MG
CA CA 02022646
Principle Quality Investments
Listed by Principle Quality Investments

Valuation Calculator

Login or Sign up to see Valuation Metrics
Sign up for Crexi to see valuation metrics for this property
$
$
%
Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$--
$--

Valuation Metrics

0
DSCR
--
Cap Rate
--
ROI

Map

Broker Selected Comps View More Comps

Property History

Intelligence Badge

Similar Properties

View All

Additional Information

Name
Matthew Guerra
License
CA 02022646
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
Is there information that looks off?
For assistance, reach out to our support team at [email protected] or call 888.273.0423 . For press inquiries, contact [email protected]
Equal Housing Opportunity
5510 Lincoln Blvd #400, Los Angeles, CA 90094Commercial Real Estate Exchange, Inc.Crexi Technologies, LLCCXTechnology, LLC
© 2026 Commercial Real Estate Exchange, Inc. All Rights Reserved. DRE #02086591