Coin Laundry & Retail
For Sale
Contact for pricing
9018 Avalon Blvd, Los Angeles, CA
Retail property with coin laundry and store for sale.
Property Size5,932 SF
Lot Size0.22 Acres
Price / SF$488.87
Days on Market1982
Property Features for 9018 Avalon Blvd
General Information
Standard status
Active
Size
5,932 SF
Lot size
0.22 Acres
Property subtype
RETAIL
Site & Location
Neighborhood
Green Meadows
Listing Agency:
CBD Investment Inc.
(626) 446-8999
Listed By:
Henry Liu · License #013782889
(626) 688-2208
Source:
Moodyscre
Added: May 26, 2021
Changed: Oct 26
Last Checked: Oct 26 at 6:30PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of CBD Investment Inc.
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This property features a coin laundry and one retail store. The building has a total area of 5932 square feet.
Key Highlights
- Includes a retail store.
- Excellent coin laundry business.
- Property included in sale.
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$137,665
Cap Rate
4.75%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,753,300
$2.8M
Cap Rate 7%
$1,966,643
$2.0M
Cap Rate 9%
$1,529,611
$1.5M
Market Conditions
NOI Build-Up for 5,932 SF
Gross rent
$219.2K $36.96/SF
− Vacancy
−$22.6K −$3.81/SF
EGI
$196.7K $33.15/SF
− OpEx
−$59.0K −$9.95/SF
NOI
$137.7K $23.21/SF
Area
Los Angeles, CA
Vacancy
10.30%
Lease Rate
$36.96 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,753,300
Cap Rate 7%
$1,966,643
Cap Rate 9%
$1,529,611
Alternative Uses
Best Use
Retail
$1.97M
$1.72M – $2.29M
NOI $137,665 @ 7.0% cap · market cap 4.75%
Second Best
—
—
no second resolved use
Theoretical Best
Multifamily LT 5
$120.18M
$105.16M – $140.21M
NOI $8,412,513 @ 7.0% cap · market cap 290.09%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
1,034
Businesses Nearby
Explore this area
Business Placement
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Retail in Los Angeles, CA
Frequently Asked Questions
What type of property is this?
Retail space - Retail property with coin laundry and store for sale.
Where is this retail space located?
The property is located at 9018 Avalon Blvd Los Angeles, CA.
What is the asking price?
The asking price for this property is $2,900,000.
What are key features of this property?
This property features: Includes a retail store.; Excellent coin laundry business.; Property included in sale.
