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34280417
34280383

2 Locations For Sale

JH
CA 01453581
COMMERCIAL BROKERS INTERNATIONAL
Listed by COMMERCIAL BROKERS INTERNATIONAL
$1,299,000
66 days on market
Updated 11 days ago

Laundrymart OwUser/Multi-Purpose&redevelopment Opportunities

Details
Property Type Retail, Multifamily (+2)
Sub Type Convenience Store, Storefront (+1)
Square Footage 3,549
Units 12
Cap Rate 2.00%
Occupancy 40%
Tenancy Multi
Lease Type Gross
Price per SqFt $366
Year Built 1988
Lot Size (SqFt) 6,250
Zoning LCC1
Parking Spaces 12 spaces
Parking per 1,000 SqFt 3.38
Ground Lease No
Sale Condition Bank owned foreclosure

Mixed Use | 3,549 SqFt

Marketing description

SUMMARY This is a compelling opportunity to acquire a 3,549 SF two-story mixed-use building on 6,250 Square feet land positioned for significant upside through repositioning, reactivation, or redevelopment. Constructed in 1988 and zoned LCC2 (Stores & Offices), the property offers flexible commercial use potential, making it attractive to owner-users, investors, and developers alike. The ground floor is built out as a former laundromat with existing infrastructure and equi pment in place, while the second floor provides immediate rental income. With the laundromat operation recently ceased in February 2026, a new owner can capitalize on a rare opportunity to unlock value through strategic improvements. INVESTMENT HIGH

Investment highlights

.Laundromat Reactivation Repair or replace non-operational machines Implement modern payment systems (card/app-based) Adjust pricing to market rates Add ancillary services (wash & fold, delivery) Outcome: Stabilized, cash-flowing business with strong demand fundamentals 2.Modernization & Efficiency Upgrade Install energy-efficient machines Improve layout, lighting, and customer experience Reduce long-term utility and maintenance costs Outcome: Increased margins and long-term asset value 3.Retail / Service Repositioning LCC2 zoning supports alternative uses such as: Retail storefront Professional office Personal services (salon, fitness, studio, etc.) Outcome: Potential to lease at market rents and stabilize income 4.Owner-User Strategy Operate business on the ground floor Occupy or reposition the second-floor unit Outcome: Reduced occupancy costs and long-term equity growth.Agents are welcome to discuss the opportunity with the listing agent at (818) 486-1330.

Listing Contacts

JH
CA 01453581
COMMERCIAL BROKERS INTERNATIONAL
Listed by COMMERCIAL BROKERS INTERNATIONAL

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Additional Information

Name
Jaleh Hendizadeh
License
01453581
Brokerage
CBI-Commercial Brokers International
Brokerage Phone
3109438530
Title
senior advisor
Brokerage Address
11766 Wilshire Boulevard
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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