Sold
14127 Downey Avenue
Paramount CA, 90723
$199,000
$22.41 per sqft
Sold
8,880 sqft
Commercial
Built in 1978
Listed by CHRISTINE CHENG with KELLER WILLIAMS SIGNATURE RLTY 626-964-5500
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.
WS23030275
MLSⓇ ID
February 21, 2023
Listed
March 23, 2024
Updated
Map
14127 Downey Avenue
Paramount CA, 90723
Interior Features
Fireplace
No
Cooling
No
Heating
No
Exterior/Building Features
Lot Size
0.42 Acres
Other Property Details
Area Name
RK - Paramount South of Somerset
Garage
No
View
No
County
Los Angeles
Pool
No
Buyer Agency Compensation
4%
Listing History
Date | Event | Price |
|---|---|---|
5/18/2023 | Sold | $199,000 |
Listing Contact: 626-964-5500
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Data last updated on 3/23/2024 at 1:17 AM UTC