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7301 S Figueroa Street

Los Angeles (City), CA 90003
  • $1,150,000
  • STATUS: Active
  • ON SITE: 153 Days
  • ID#: WS21140105
UPDATED: 51 min ago
$1,150,000
  • 0
    BEDS
  • 0.15
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Type:
Commercial
Built:
1963
County:

School Ratings & Info

Listing provided courtesy of William Dang of Jacob & Tyler Realty

Description

Proud to present this prime corner commercial building that is strategically located on a busy Figueroa Street. Plenty of car and foot traffic that will give visibility to the building. Long time established Coin Laundromat that has been in this building for many solid years. New owner can continue with the coin laundry business with the existing plumbing or establish their own with their liking. Also a great space to lease to any potential business owners that may see fit.

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Based on information from California Regional Multiple Listing Service, Inc. as of 2021-11-30T10:25:34.333. 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 Fox Real Estate Team | HomeSmart Realty West. Licensed in the State of California, USA.
www.thefoxfactor.com/homes/118811929
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7301 S Figueroa Street Los Angeles (City), CA 90003

  • Price: $1,150,000
  • Status: Active
  • On Site: 153 Days
  • Updated: 51 min ago
  • ID#: WS21140105
0
Beds
0
Baths
0
½ Baths
0.15
Acres
1963
Built
Neighborhood:
C34 - Los Angeles Southwest
County:
Los Angeles
Area:
C34 - Los Angeles Southwest
Property Description
Proud to present this prime corner commercial building that is strategically located on a busy Figueroa Street. Plenty of car and foot traffic that will give visibility to the building. Long time established Coin Laundromat that has been in this building for many solid years. New owner can continue with the coin laundry business with the existing plumbing or establish their own with their liking. Also a great space to lease to any potential business owners that may see fit.
Exterior Features

Fencing None Lot Features 0-1 Unit/AcreCorner Lot Roof Flat Sign On Property YN Yes

Interior Features

Cooling Evaporative Cooling Cooling YN Yes Heating None Heating YN No

Property Features

Additional Parcels YN No Anchors Co Tenants Laundromat Cap Rate 6.48 Common Interest None Gross Scheduled Income 109800 Insurance Expense 4000 Land Lease YN No Laundry Features None Listing Agreement Exclusive Right To Sell Listing Service Full Service Listing Terms CashCash To New Loan Maintenance Expense 1800 Net Operating Income 81000 Number Of Units Leased 1 Operating Expense 28800 Other Expense 8000 Property Sub Type Retail Special Listing Conditions Standard Utilities Electricity ConnectedNatural Gas ConnectedWater Connected Water Source Public



Based on information from California Regional Multiple Listing Service, Inc. as of 2021-11-30T10:25:34.333. 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 Fox Real Estate Team | HomeSmart Realty West. Licensed in the State of California, USA.
 
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Fox Real Estate Team | HomeSmart Realty West
300 Carlsbad Village Drive #217
Carlsbad CA, 92008
Listing provided courtesy of William Dang of Jacob & Tyler Realty