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    624 E Compton Boulevard

    Compton, CA 90220
    • $295,000
    • STATUS: Active
    • ON SITE: 13 days
    • ID#: WS21066163
    UPDATED: 38 min ago
    $295,000
    • 0
      BEDS
    • 0.52
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 5,789
      SQFT
    • $51
      $/SQFT
    Type:
    Business Opportunity
    Built:
    1981
    County:

    School Ratings & Info

    Description

    Location, Location, Location! Located on the popular corner of Compton Blvd. and Santa Fe Ave., Santa Fe Laundry is a 3900 sqft laundry, with so much potential to grow. The business currently has 50 washers and 27 stack dryers, ranging from 2 to 17 years old. Water store, mini-market, and FREE Dry are offered at this location. Perfect for an experienced operator to come in, add new efficient washers and dryers, and renovate the store. The sky is the limit as to how much the business can grow. Brand new lease of 10 years, plus 10 year option at a very low rate of $1.21/sqft including CAM. New roof, new stucco, new exterior lighting fixtures, and parking pavement. Fully attended, just needs a little TLC. Ample parking spaces to share with adjacent Donut and Chinese Fast Food businesses.

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    Based on information from California Regional Multiple Listing Service, Inc. as of 2021-04-13T12:21:33.927. 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 The Parsons Team | Keller Williams Realty. Licensed in the State of California, USA.
    www.theparsonsrealestateteam.com/homes/115608283
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    624 E Compton Boulevard Compton, CA 90220

    • Price: $295,000
    • Status: Active
    • Updated: 38 min ago
    • ID#: WS21066163
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.52
    Acres
    5,789
    SQFT
    $51
    $/SQFT
    1981
    Built
    Neighborhood:
    RO - Compton S of Rosecrans, E of Alameda
    County:
    Los Angeles
    Area:
    RO - Compton S of Rosecrans, E of Alameda
    Property Description
    Location, Location, Location! Located on the popular corner of Compton Blvd. and Santa Fe Ave., Santa Fe Laundry is a 3900 sqft laundry, with so much potential to grow. The business currently has 50 washers and 27 stack dryers, ranging from 2 to 17 years old. Water store, mini-market, and FREE Dry are offered at this location. Perfect for an experienced operator to come in, add new efficient washers and dryers, and renovate the store. The sky is the limit as to how much the business can grow. Brand new lease of 10 years, plus 10 year option at a very low rate of $1.21/sqft including CAM. New roof, new stucco, new exterior lighting fixtures, and parking pavement. Fully attended, just needs a little TLC. Ample parking spaces to share with adjacent Donut and Chinese Fast Food businesses.
    Exterior Features

    Lot Size Source Assessor Lot Size Units Square Feet

    Property Features

    Accounting Type Actual Additional Parcels YN No Building Area Units Square Feet Business Name Santa Fe Laundry Business Type Laundromat Country Us Gross Operating Income 273600.00 Leasable Area 3900.00 Leasable Area Units Square Feet Lease Renewal Option YN Yes Monthly NNN 1240 Net Profit 47436 Number Of Full Time Employees 3 Number Of Part Time Employees 0 Operating Expense 226164.00 Reason For Selling Career Change Total Actual Rent 3500.00 Year Built Source Assessor Year Established 2003 Years Current Owner 18

    Listing provided courtesy of Christine Cheng of Keller Williams Signature Rlty


    Based on information from California Regional Multiple Listing Service, Inc. as of 2021-04-13T12:21:33.927. 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 The Parsons Team | Keller Williams Realty. Licensed in the State of California, USA.
     
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