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    11915 Hawthorne Blvd Hawthorne, CA 90250

    For Sale
    $400,000

    Profitable laundromat in prime Hawthorne location.

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    314
    This established laundromat presents a lucrative business opportunity in Hawthorne, CA. Located within a bustling strip mall with ample parking and high visibility from Hawthorne Boulevard, it benefits from significant foot traffic and proximity to a dense residential area. The laundromat is surrounded by other businesses, including a Ralph's supermarket, further enhancing its customer base. The current owner reports a high-volume operation. The equipment includes a mix of newer and older Speed Queen and Huebsch washers and dryers, with significant recent upgrades. Specifically, in October 2023, a 45lb and 60lb washing machine were added for $22,496, and in late 2022, three large washing machines were installed for $26,735. The seller states that most smaller washing machines have been replaced in recent years. Additional equipment includes a change machine (new December 2019), three older vending machines, two TVs, a four-camera CCTV system, a new (2019) weight scale for fluff and fold services, and a change scale. All machinery loans will be paid off at the close of escrow. This turnkey operation offers a strong return on investment for a savvy entrepreneur. The detailed equipment list includes: 2 x 18lb Speed Queen (older), 10 x 20lb Speed Queen (mix of older and newer), 2 x 35lb Speed Queen (new Dec 2019), 1 x 60lb Speed Queen (new Dec 2019), 9 x 13lb Huebsch (older), 2 x 40lb Huebsch (older), and 18 x 30lb Speed Queen dryers (new Dec 2019).

    Property Features for 11915 Hawthorne Blvd

    General Information

    Property type
    Investment properties
    Property Profile Location Intelligence

    Current Use by Public Records

    City Laundry / Lavanderia Laundromat

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Hawthorne
    County
    Los Angeles
    State
    California
    Longitude
    -118.3529
    Latitude
    33.92513

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    FAQs

    What type of property is this?
    Investment property - Profitable laundromat in prime Hawthorne location.
    Where is this investment property located?
    The property is located at 11915 Hawthorne Blvd Hawthorne, CA.
    What is the asking price?
    The asking price for this property is $400,000.
    (310) 831-0222
    Request Owner's contact information
    11915 Hawthorne Blvd Hawthorne, CA 90250
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

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    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    11915 Hawthorne Blvd Hawthorne, CA 90250
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