Coin Laundry & Retail
9018 Avalon Blvd Los Angeles, CA
For Sale
Contact for pricing
Retail property with coin laundry and store for sale.
Property Size5,932 SF
Lot Size0.22 Acres
Price / SF$488.87
Days on Market1891
Property Features for 9018 Avalon Blvd
General Information
Standard status
Active
Size
5,932 SF
Lot size
0.22 Acres
Property subtype
RETAIL
Listing Agency:
CBD Investment Inc.
(626) 688-2208
Listed By:
Henry Liu · License #013782889
(626) 688-2208
Source:
Moodyscre
Added: May 26, 2021
Changed: Jul 6
Last Checked: Jul 21 at 6:11AM
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.
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 For Retail
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $219.2k | $36.96 |
| − Vacancy | −$22.6k | −$3.81 |
| EGI | $196.7k | $33.15 |
| − OpEx | −$59.0k | −$9.95 |
| NOI | $137.7k | $23.21 |
5,932 SF · lease $36.96/SF/yr · vacancy 10.30% · expense 30.00%
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.
Property Analytics
Property Profile
Location Intelligence
Current Use
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.
