Paramount, CA 90723,14127 Downey AVE
Paramount, CA 90723,14127 Downey AVE
Paramount, CA 90723,14127 Downey AVE
Paramount, CA 90723,14127 Downey AVE
Paramount, CA 90723,14127 Downey AVE
Paramount, CA 90723,14127 Downey AVE
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$199,000

$199,000

Est.Price: ?

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Est. payment /mo

0.42 Acres Lot


SOLD DATE : 04/19/2023

Key Details

Sold Price $199,000

Property Type Commercial

Listing Status Sold

Purchase Type For Sale

MLS Listing ID WS23030275

Sold Date 04/19/23

HOA Y/N No

Year Built 1978

Lot Size 0.424 Acres

Property Description

Profitable 2,270 sqft laundry in the heart of Paramount. Business carries a variety of Wascomat, Speed Queen, and Dexter washers and dryers. Open for business daily from 5am to 10pm, this laundry runs by itself. Doors automatically open at 5am, unattended and cleaning crew comes several times during the day to clean, so you will save over $7000 on payroll. Fully stocked vending machines will bring in added income. 4 more years left on the lease, with 2 - 5 year option. Laundry shares the plaza with a Water Store, Insurance Agency, Boost Mobile, just to name a few. Over 25 parking spaces. If you're looking for passive income, this business is calling your name.

Location

State CA

County Los Angeles

Area Rk - Paramount South Of Somerset

Interior

Fireplace No

Others

Tax ID 6265028080

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Financing Cash

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California Regional MLS (CRMLS)
Listed by CHRISTINE CHENG • KELLER WILLIAMS SIGNATURE RLTY • 213-458-1975
Bought with CHRISTINE CHENG • KELLER WILLIAMS SIGNATURE RLTY
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