5951 S Broadway
Los Angeles, CA 90003
Single Tenant: Super Wash N' Dry · Retail Property For Sale

KW Commercial is pleased to present this single-tenant real estate opportunity in a densely populated area of South Los Angeles. The property consists of 2,988 SF Laundromat on 5,536 SF LA-C2 Zoned signalized corner lot. The property has great visibility with 50 FT of frontage along Broadway and 111 FT of frontage along 59th Pl. The laundromat is currently owned and operated by PWS - The Laundry Company (PWS, Inc.). PWS will be signing a 5-year lease at the close of escrow with (3) 5-year options. The Laundromat consists of all Speed Queen branded machines, which include 34 front loading washers, 16 top-loading washers, and 22 stacked dryers. There are also several vending machines providing clients with soap, drinks, and snacks. The facility has been set up with surveillance cameras and 5 flat screen televisions inside the laundromat. This offering will attract an investor looking for a signalized corner located single-tenant property, which consists of a National Credit Tenant, with multiple locations across the U.S. The Subject property is located at the southwest signalized corner of S. Broadway & 59th Pl. It is conveniently located less than 1/2 of a mile from the entrance to the 110 freeway. Local Schools include Aspire Slauson Academy, 61st Street Elementary School, and Augustus Hawkings High School. The area provides excellent demographics with over 55,000 people residing within a 1-mile radius and over 485,000 people residing within a 3-mile radius.