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    15105 Lakewood Blvd Paramount, CA 90723

    For Sale
    $150,000

    Profitable laundromat business opportunity on high-traffic corner lot.

    Building Details

    Year built
    1970

    Source: Keller Williams Realty/Temecula Agent CHRISTINE CHENG

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Established Laundromat Business For Sale

    This 2,500-square-foot coin and card laundromat business is located on the corner of Lakewood Boulevard and Somerset Boulevard. The business includes 5 newer top load washers, 11 Continental 20lb front load washers, 14 30lb fronts, 11 40lb fronts, 5 55lb fronts, 17 45lb stack dryers, 2 American Rear Load Changers, 2 water heating systems, and 1 soap vending machine. The current lease has 7 years remaining, with two 5-year options to extend. The property has 22 shared parking spaces with a 7 Eleven store. The location is near the 105 and 605 freeways.
    Insight Report Location Intelligence

    Current Use by Public Records

    Western Union Money Transfer Service 7-Eleven Convenience Store Super Soaper Lavanderia/Laundromat Laundromat

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Paramount
    County
    Los Angeles
    State
    California
    Longitude
    -118.1431283
    Latitude
    33.8962023

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    FAQs

    What type of property is this?
    Retail space - Profitable laundromat business opportunity on high-traffic corner lot.
    Where is this retail space located?
    The property is located at 15105 Lakewood Blvd Paramount, CA.
    What is the asking price?
    The asking price for this property is $150,000.
    What are key features of this property?
    This property features: - High-traffic corner lot location at Lakewood Blvd. and Somerset Blvd.; - Substantial equipment inventory: **46 washers (mix of top load and Continental front load) and 17 stack dryers.**; - Long-term lease potential: 7 years plus two 5-year extension options.
    (213) 458-1975
    Request Owner's contact information
    15105 Lakewood Blvd Paramount, CA 90723
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    Paramount, CA 90723
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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

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    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
    15105 Lakewood Blvd Paramount, CA 90723
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