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$ 3,700,000
Est. payment /mo
Active
Address not disclosed Lakewood, CA 90715
0.38 Acres Lot
UPDATED:
Key Details
Property Type Commercial
Sub Type Comm Bus Opp
Listing Status Active
Purchase Type For Sale
MLS Listing ID CROC24161715
HOA Y/N No
Year Built 1963
Lot Size 0.385 Acres
Acres 0.39
Property Sub-Type Comm Bus Opp
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
Building
New Construction No
Others
Tax ID 7065010045
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Listed by Sharon Sharma • LEGACY ESTATES & INVESTMENTS BY SHARON SHARMA