$199,000
$199,000
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14127 Downey AVE Paramount, CA 90723
8,880 SqFt
Key Details
Sold Price $199,000
Property Type Commercial
Listing Status Sold
Purchase Type For Sale
Square Footage 8,880 sqft
Price per Sqft $22
MLS Listing ID WS23030275
Sold Date 04/19/23
HOA Y/N No
Year Built 1978
Lot Size 0.424 Acres
Acres 0.4236
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.
Location
State CA
County Los Angeles
Area Rk - Paramount South Of Somerset
Interior
Fireplace No
Others
Tax ID 6265028080
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Financing Cash
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Bought with CHRISTINE CHENG • KELLER WILLIAMS SIGNATURE RLTY