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Commercial Laundry Facility For Sale

3522 Union Pacific Ave Los Angeles, CA 90023

3522 Union Pacific Ave, Los Angeles, CA, 90023

$5,750,000

For Sale

$5,750,000

Commercial laundry facility with office space and living area.

Property Size37,800 SF

Lot Size0.87 Acres

Price / SF$152.12

AddedMar 12

Days on Market127

Last RefreshJul 15 at 6:24 pm

Property Features for 3522 Union Pacific Ave

General Information

Standard status: Active
Size: 37,800 SF
Lot size: 0.87 Acres
Property subtype: Industrial

Building Details

Year Built: 1946

Listing office Wallstreet Realty Corp

Listing date Mar 12, 2026

Source Elliman

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 Wallstreet Realty Corp

Investment Insights

Based on property information with market context.

This property comprises nine parcels, totaling approximately 37,800 square feet. The building includes a second-floor living area and four first-floor offices. It has functioned as a commercial laundry since 1979. The property features upgraded electrical systems to support the operational needs of the business.

Key Highlights

Large Lot Size: Approximately 37,800 square feet across 9 parcels.
Commercial Use History: Operated as a commercial laundry since 1979.
Upgraded Electrical System: Designed to support commercial operations.

Local Financial Insights For Industrial

Simulate Cap Rate and NOI

NOI Build-Up

Component	$	$/SF
Gross rent	$716.7k	$18.96
− Vacancy	−$45.9k	−$1.21
EGI	$670.8k	$17.75
− OpEx	−$201.2k	−$5.32
NOI	$469.6k	$12.42

37,800 SF · lease $18.96/SF/yr · vacancy 6.40% · expense 30.00%

Alternative Uses

Best Use

Industrial

$6.71M

$5.87M – $7.83M (±1% cap)

NOI $469,574 @ 7.0% cap · market cap 8.17%

Second Best

—

no second resolved use

Theoretical Best

Multifamily LT 5

$765.81M

$670.08M – $893.44M (±1% cap)

NOI $53,606,371 @ 7.0% cap · market cap 932.28%

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

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

magic denim (Bike/Boat/Book/etc) Store

Suggested Use

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For sale
Industrial properties
CA
Los Angeles
90023
3522 Union Pacific Ave

What type of property is this?

Industrial property - Commercial laundry facility with office space and living area.

Where is this industrial property located?

The property is located at 3522 Union Pacific Ave Los Angeles, CA.

What is the asking price?

The asking price for this property is $5,750,000.

What are key features of this property?

This property features: Large Lot Size: Approximately 37,800 square feet across 9 parcels.; Commercial Use History: Operated as a commercial laundry since 1979.; Upgraded Electrical System: Designed to support commercial operations.