Skip To Content

14127 Downey Avenue

Paramount, CA 90723
  • $275,000
  • STATUS: Active
  • ON SITE: 28 Days
  • ID#: WS22261368
Price Reduced
UPDATED: 40 min ago
$275,000
  • 0
    BEDS
  • 0.42
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Type:
Business Opportunity
Built:
1978
County:

School Ratings & Info

Listing Agent(s): Christine Cheng of Keller Williams Signature Rlty (626-964-5500)


Description

Profitable 2,270 sqft laundry in the heart of Paramount. Business carries a variety of Wascomat, Speed Queen, and Dexter washers and dryers. Open for business daily from 5am to 10pm, this laundry runs by itself. Doors automatically open at 5am, unattended and cleaning crew comes several times during the day to clean, so you will save over $7000 on payroll. Fully stocked vending machines will bring in added income. 4 more years left on the lease, with 2 - 5 year option. Laundry shares the plaza with a Water Store, Insurance Agency, Boost Mobile, just to name a few. Over 25 parking spaces. If you're looking for passive income, this business is calling your name.

Monthly Payment Calculator



Based on information from California Regional Multiple Listing Service, Inc. as of 2023-01-29T10:26:27.93. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or eXp Realty of California Inc.. Licensed in the State of California, USA.
www.hometownnorthcounty.com/homes/135671949
Print Image

14127 Downey Avenue Paramount, CA 90723

  • Price: $275,000
  • Status: Active
  • On Site: 28 Days
  • Updated: 40 min ago
  • ID#: WS22261368
0
Beds
0
Baths
0
½ Baths
0.42
Acres
1978
Built
Neighborhood:
RK - Paramount South of Somerset
County:
Los Angeles
Area:
RK - Paramount South of Somerset
Property Description
Profitable 2,270 sqft laundry in the heart of Paramount. Business carries a variety of Wascomat, Speed Queen, and Dexter washers and dryers. Open for business daily from 5am to 10pm, this laundry runs by itself. Doors automatically open at 5am, unattended and cleaning crew comes several times during the day to clean, so you will save over $7000 on payroll. Fully stocked vending machines will bring in added income. 4 more years left on the lease, with 2 - 5 year option. Laundry shares the plaza with a Water Store, Insurance Agency, Boost Mobile, just to name a few. Over 25 parking spaces. If you're looking for passive income, this business is calling your name.
Exterior Features

Sign On Property YN No

Property Features

Additional Parcels YN No Building Name Launderland Coin Op Laundry Business Type Laundromat Leasable Area 2270 Lease Assignable YN Yes Lease Renewal Option YN Yes Listing Agreement Exclusive Right To Sell Listing Service Full Service Listing Terms CashConventional Operating Expense 168000 Total Actual Rent 3796



Based on information from California Regional Multiple Listing Service, Inc. as of 2023-01-29T10:26:27.93. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or eXp Realty of California Inc.. Licensed in the State of California, USA.
 
https://bt-photos.global.ssl.fastly.net/socal/orig_boomver_1_370752604-1.jpg https://bt-photos.global.ssl.fastly.net/socal/orig_boomver_1_370752604-1.jpg https://bt-photos.global.ssl.fastly.net/socal/orig_boomver_1_370752604-1.jpg
Logo
eXp Realty of California Inc.
2603 Camino Ramon Suite 200
San Ramon CA, 94583
Listing Agent(s): Christine Cheng of Keller Williams Signature Rlty (626-964-5500)