Single Tenant Boyle Heights Laundromat w/ M-M 2601 E 4th St 1,600 SF Retail Building Los Angeles, CA 90033 $595,000 ($371.88/SF) 5.87% Cap Rate

This single-tenant, net-leased commercial property is located in the densely populated East Los Angeles neighborhood of Boyle Heights. The laundromat is currently occupied on a month-to-month basis by an established, well seasoned operator that has served the community from this location for many years. The offering provides an investor with the opportunity to take over the laundry unit for their own operation or to sign a new lease with the existing operator. The buyer can also reposition the property by introducing a new operator or alternative business use, subject to zoning and city approvals. There is parking in the rear of the lot. *** The property can be purchased alone or together with another East LA month to month laundromat location at 3200 City Terrace Ave, Los Angeles, CA 90063, which can also be found on Loopnet (both OMs are attached).***
Situated on a prominent corner lot at a signalized intersection along the heavily trafficked commercial corridor of East 4th Street, the property benefits from excellent visibility, strong vehicular exposure, and convenient access for both neighborhood residents and pass-through traffic—attributes that support long-term retail viability and future upside potential.