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Coin Laundry Retail Space
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1640 Firestone Boulevard, Los Angeles, CA 90001

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

Property SizeContact for details
Days on Market5

Property Features for 1640 Firestone Boulevard

General Information

Standard status Active
Property subtype Retail
Listing Agency: Hana Realty & Investment
Listed By: Young Kim · License #01999152
Source: Crexi
Added: Sep 21 Changed: Sep 24 Last Checked: Sep 24 at 2:16PM

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 Hana Realty & Investment

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

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

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
Rey
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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
More about this property
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