New Laundromat(Real Estate + Business) 1480 E 56th St 2,000 SF Retail Building Los Angeles, CA 90011 $1,749,000 ($874.50/SF)

Offered at $1,749,000 for the real estate + the business, this fully renovated laundromat presents a rare turnkey investment or owner-user opportunity in a high-density residential area. The property includes both the building and business, with modern upgrades throughout, including a new roof, copper plumbing, electrical with LED lighting, sewer line, gas line, parking, and state-of-the-art laundry equipment. All renovations were professionally completed and permitted by the City/County of Los Angeles, ensuring top-quality workmanship.
The business features high-efficiency washers and dryers, a multi-unit industrial water system, and new water softening system, designed to maximize efficiency and minimize maintenance. Utilities are professionally installed, including copper water lines, gas lines, washer hoses, and dryer venting, reducing upfront operational costs. The programmable equipment allows for tiered pricing, time-of-day specials, and utility savings, providing immediate profitability for new ownership.
Potential for huge tax incentives utilizing 100% bonus depreciation and cost segregation (buyers and agents/brokers to verify with their own independent advisors).
Located in a densely populated area surrounded by residential units and apartment complexes, the laundromat benefits from a strong, built-in customer base. This property is ideal for investors seeking immediate cash flow or an owner-operator looking for a modern, turnkey operation in a prime Los Angeles location.