1640 Firestone Boulevard, Los Angeles, CA 90001

Listing Agency: Hana Realty & Investment

Listed By: Young Kim · License CA #01999152

Source: Crexi

Added: Sep 21 Changed: Nov 13 Last Checked: Nov 14 at 5:51AM

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Investment Insights

Based on property information with market context.

A coin laundry business occupies a 3,000-square-foot facility on Firestone Boulevard. The business is offered separately from the real estate and does not require an owner to be on site for daily operation. On-site parking serves customers visiting the location.

The lease has a 15-year structure with three five-year periods and 3% annual escalations. Multifamily housing and new residential development are present in the immediate area.

Key Highlights

• 3,000‑square‑foot coin laundry facility
• 15‑year lease structured as 5+5+5 options
• Lease includes 3% annual escalations

Property Analytics

Current Use

Launder Land Coin ... (Bike/Boat/Book/etc) Store

Suggested Use

Top Pick Real Estate Agency Law Firm Dental Office Gym & Fitness Center Spa & Massage Center Accounting Firm

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

1,006

Businesses Nearby

Explore this area Business Placement

Demographics for 90001, CA

55,859

Population

13,998

Households

4

Avg Household Size

30

Median Age

7%

College-Educated

49%

High-School Grad

3.3 sq mi

ZIP Area

16,927

Density / Sq Mi

$60,751

Median Household Income

$30,672

Median Earnings

$1,471

Median Rent

$513,300

Median Home Value

Market

Average Price Trend$/SF for Retail space in Los Angeles, CA

$500 Jul

$458 Aug

$489 Sep

$504 Oct

Properties on Market for Retail space in Los Angeles

Jul

Aug

Sep

Oct

Vacancy Rate% for Retail in Los Angeles, CA

5.7% 2019

6.1% 2020

6% 2021

5.7% 2022

5.6% 2023

6% 2024

6.2% 2025

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Frequently Asked Questions

What type of property is this?

Retail space - Coin laundry business with a long-term lease and on-site customer parking.

Where is this retail space located?

The property is located at 1640 Firestone Boulevard Los Angeles, CA.

What is the asking price?

The asking price for this property is $195,000.

What are key features of this property?

This property features: 3,000‑square‑foot coin laundry facility; 15‑year lease structured as 5+5+5 options; Lease includes 3% annual escalations