Listed by Hanley Investment Group
$7,200,000
Blue Sky Xpress Car Wash | Los Angeles, CA
Details
Property Type Retail
Square Footage 2,577
Net Rentable (SqFt) 2,577
Tenancy Single
Year Built 2002
Year Renovated 2023
Acreage 0.390
Ground Lease No
Rare Express Car Wash Opportunity (Business and Real Estate)
Marketing description
CLICK HERE FOR FULL OFFERING MEMORANDUM: https://hanleyinvestmentgroup.com/listings/?id=a0EPg000009FKCX&track=cnwTUIBCtCAmO-ltsvvzqs-wc
Investment highlights
- High-Performing Express Car Wash Opportunity Next to University of Southern California:
- Rare opportunity to acquire both the fee simple real estate and operating business, providing an investor or operator with complete control of the asset
- The offering includes all equipment, fixtures, and operational infrastructure necessary to continue operations from day one
- Recently Converted & Renovated Full-Service Express Car Wash
- Ownership recently invested over $1 million in equipment and construction costs converting the site to a full-service express car wash with a 70-foot tunnel and detailing features
- The property underwent a substantial renovation and conversion in 2023-2024, creating a modern flex-service car wash format that combines express wash efficiency with higher-margin full-service offerings
- High Barrier-to-Entry Urban Infill Location:
- Located within a densely developed Los Angeles infill location that is approximately 95% built out, with limited to no available land for competing developments
- New car wash opportunities are extremely limited in the immediate trade area
- No proposed competing car wash developments within the trade area, helping protect future market share and operating performance
- Excellent Visibility; Hard-Corner Signalized Intersection with Frontage Along Figueroa Street (33,000 CPD)
- Adjacent to the 110 Freeway On/Off Ramps (318,000 CPD)
- Close Proximity to the University of Southern California (USC):
- The subject property is just 1.5 miles from USC
- Home to more than 46,500 students
- Second-largest private employer in Los Angeles with 33,500+ L.A. County jobs
- The Subject Property Benefits from Recurring Drive-By Traffic from Exposition Park (0.5 Miles from the Subject Property); Approximately 8 Million Visitors Annually
- Extremely Dense Infill Los Angeles County Location:
- 1.27 million people within a 5-mile radius
- 1.23 million of daytime population within a 5-mile radius
Listing Contacts
Listed by Hanley Investment Group
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
Zoning
C2-1VL-CPIO OverlayCommercial Very Limited Height Community Plan Implementation Overlay
View municipality zoning documents Upgrade to see the zone description and what's allowed on this property
Upgrade to search and view land use codes
View all 864 uses
View all 864 uses Last updated Jun 22, 2026 For deeper zoning details, reports are available at Zoneomics
Broker Selected Comps View More Comps
Property History
Tax History
Similar Properties
Is there information that looks off?
