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Listed by Sharon Sharma • LEGACY ESTATES & INVESTMENTS BY SHARON SHARMA
$ 3,700,000
Est. payment | /mo
16,769 SqFt
$ 3,700,000
Est. payment | /mo
16,769 SqFt
Key Details
Property Type Commercial
Sub Type Business
Listing Status Active
Purchase Type For Sale
Square Footage 16,769 sqft
Price per Sqft $220
MLS Listing ID CROC24161715
HOA Y/N No
Year Built 1963
Lot Size 0.385 Acres
Property Sub-Type Business
Source Datashare California Regional
Property Description
Car Wash & Lube Business with Real Estate – High-Traffic Corner Lot in Lakewood, CA This is a fully remodeled car wash and lube center located on a signalized corner lot in Lakewood, CA—offering a solid-performing business with strong fundamentals and room to grow. Key Details: 2024 Revenue: $980,000+ Net Income: Approx. $240,000 Asking Price: $3,700,000 Cap Rate: ~6.5 Real Estate: Included – appraised at $3.1M in 2022 Equipment: Brand-new Sonny’s systems and express lane setup Location: Dense residential and commercial corridor with 2.3M residents and 224,000 employees within 10 miles Growth Potential: The business is operational and profitable, but there’s clear upside for a buyer with hands-on experience or strong management. Current operations lack structure and oversight—leaving efficiency, labor, and marketing largely untapped. With a more strategic approach, there is immediate potential to scale service volume, implement memberships, or expand detailing services. Why This Deal Makes Sense: No major capital improvements needed Real estate value provides strong underlying security High-volume traffic corridor supports long-term growth Ideal for an owner-operator or investor looking for both income and property value Showings available by appointment. NDA required
Location
State CA
County Los Angeles
Interior
Fireplace No
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Adam Shoop
Broker Associate at Exp Realty | Lic# 1782227