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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**
Full Property Details
Full Property Details for 5127 Whittier Blvd
General
- Status: Closed
- Type: Business
- Source: MRMLS
- MLS ID: GD23061602
- Added to Site: 1, 010 day(s) ago
Business
- Name: Sparkling Clean Laundry
- Business Type: Laundromat
- Year Established: 2013
Location
- County: Los Angeles
- Driving Directions: From CA-60 E; exit 4/Atlantic Blvd; turn right onto S Atlantic Blvd; turn right onto Whittier Blvd (property on the right, between S Woods Ave & S Vancouver Ave)
Structural Information
- Building Size: 4700
- Square Feet: 4,700
Financial Considerations
- Price Per Sq. Ft.: $71
- Operating Expenses: $22,500
Listed by JohnHart Real Estate, HenrikAlaverdyan
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Schools
Schools serving 5127 Whittier Blvd
School District:Los Angeles Unified School District
| Name | Grades | Distance |
|---|---|---|
Fourth Street Primary Center 469 Amalia Ave., Los Angeles, CA 90022 | K-1 | 0.5 mi |
Fourth Street Elementary School 420 S. Amalia Ave., Los Angeles, CA 90022 | 2-5 | 0.6 mi |
David Wark Griffith Middle School 4765 E. Fourth St., Los Angeles, CA 90022 | 6-8 | 0.7 mi |
Hilda L. Solis Learning Academy School Of Technology, Business And Education 319 North Humphreys Avenue, Los Angeles, CA 90022 | 9-12 | 1.4 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 5127 Whittier Blvd
Date
Details
Price
Change
Source
11/22/2023
Price Reduced
$395,000
-5.95%
MLS
6/21/2023
Price Reduced
$420,000
-2.1%
MLS
5/30/2023
Price Reduced
$429,000
-4.67%
MLS
5/10/2023
Price Increased
$450,000
13.92%
MLS
4/14/2023
Sold
$395,000
-17.71%
MLS
4/14/2023
Listed
$480,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
5127 Whittier Boulevard, East Los Angeles, CA 90022 (MLS# GD23061602) is a Business property that was sold on April 14, 2023. Want to learn more about 5127 Whittier Boulevard? Do you have questions about finding other Business real estate for sale in East Los Angeles? You can browse all East Los Angeles real estate or contact a Coldwell Banker agent to request more information.

