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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

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.
More about this property
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