$1,299,000
This 3,549 SF two-story mixed-use asset presents a compelling owner-user or development opportunity.The ground floor is currently improved as a laundromat with full equipment and vendor machines in place not operating, allowing for immediate operational use. The second floor is leased for office/residential use at $1,900/month, providing in-place income.The offering is not positioned as a cap rate-driven investment, but rather as a value-add or redevelopment opportunity. Ideal for buyers seeking operational control, repositioning potential, or long-term upside through development.Prime Owner-User / Development OpportunityUnlock the potential of this versatile 3,549 SF two-story property! Established Laundromat (1st Floor)Fully equipped with appliances and vendor machines ready for immediate operation. Income-Producing 2nd FloorOffice/residential unit generating $1,900/month. Flexible Use PotentialPerfect for owner-users, investors, or developers looking to reposition or redevelop. Value-Add OpportunityNot priced on cap ratefocused on upside potential and long-term value. This sale is not a bussiness sell. The Buyer investigate zoining and use code of the property.
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Listed by Jaleh Hendizadeh with Commercial Brokers Int'l. Inc. (310) 943-8530
Property Type
Mixed Use
Status
Active
MLS Number
26664661
Year Built
1988
Lot Size
6,255 sq ft