Description

Offered at $1,749,000, this BRAND NEW laundromat presents a rare turnkey investment opportunity in a high-density location. The property includes both the building and business, with modern upgrades throughout, including brand new roof, plumbing, electrical with LED lighting, sewer line, parking, and state-of-the-art laundry equipment (with full warranty). 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.